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131610
Found the internet!371
22Jasmy Token - RUG PULL WARNING
This coin is a slow rug pull where the devs are bleeding out the coin. They have been selling BILLIONS of coins over the past few months, straight onto the market. The coin has gone from $5 to 1.3c as is still continuing to drop 50% every week, this is dangerous as it is listed on a few big exchanges.
You want proof?
https://etherscan.io/token/0x7420B4b9a0110cdC71fB720908340C03F9Bc03EC#balances
Take a look at the top wallet holders. A single Binance wallet has almost 4billion coins, that is supposedly 80% of the 4.7b total supply? How does that happen? I’ll tell you how, the circulating supply of 4.7b is a total lie!
If you add up the holding wallets, it easily passes 20billion in circulating supply!
Want more proof?
This is the latest of many wallets that are just constantly dumping in batches of 500m tokens. I have been tracking these wallets and they continue to release coins in batches of 500m into the market, maybe to cover their tracks?
Every few days 500m coins are dumped in the market. There are about 25 of these 500m wallets, only about 12 have been released, so they will be releasing another 6.5 Billion coins in the coming months or even weeks!
Want further proof? Have a look at their latest announcements. They are always riddled with spelling and graphical errors. The kicker? They couldn’t even spell their own product name correctly. I am not making this up, look at it yourself! And when you look into the content of their announcements? It’s all meaningless fluff that chucks in a few buzz words here and there, an absolute joke!
They recently hosted an AMA. Normally an AMA would be someone from the team. Instead it was an absolutely random person with a fake identity hosting it, the person doesn’t even exist! It was cut off early due to “technical difficulties”. I am assuming they realised too many people caught on.
This is an obvious scam that needs to be delisted! Make this known to protect innocent people from losing their hard earned money! This price has dropped 99.5% and the scam community still tells people to buy into it!
DO NOT BUY THIS COIN!
Edit - this has been cross posted on the JASMY reddit and they are downvoting this post! Don’t let them hide the truth.
Edit - Take directly from the JASMY website and translated.
“Precautions regarding solicitation regarding cryptographic assets (virtual currency), etc. from the Company or a person who claims to be an affiliated company of the Company
Recently, we have been inquired that there is a person who sells crypto assets (virtual currency) by deceiving our name.
Although it has already been reported in the media, the Consumer Affairs Agency, Financial Services Agency, and Police Agency are calling attention to the increase in troubles related to so-called "cryptocurrencies (virtual currency)" that are traded electronically via the Internet.
We or our affiliated companies do not sell crypto assets (virtual currency). In addition, we do not make inquiries to customers. The seller of crypto assets (virtual currency) that masquerades as our company has nothing to do with us. Please be careful not to pay the purchase price or other money of crypto assets (virtual currency).
In addition, the seminars and information dissemination by Jasmy's official supporters and groups / associations that claim to be the community, and the act of selling cryptographic assets (virtual currency) have nothing to do with our company.
Since February 2020, the only one that we have officially operated or authorized to operate is the developer support IoT service co-creation community "Jasmy League" posted on our website. We monitor the activities of the informal community that has been officially recognized by Jasmy in a timely manner, and take appropriate measures for the detected items in accordance with our information agency.”
Seems like the Rug pull is in its final stages, now they are claiming that there is no Jasmy token.
I tried my best to warn everyone.
86% Upvoted
level 1
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27.1k · 3 days ago
27.1kPlatinum | QC: CC 924, CCMeta 17
Man I remember when it was heavily shilled a few months ago.
191
level 22.1k · 3 days ago
2.1k The Great Australian Shitposter
That should've been the first red flag... xD
My exchange doesn't even list it, so I never bothered to look at it
55
level 236 · 2 days ago
36Tin | Politics 85
I recall that name vaguely. Wasn’t it a Coinbase survey recently too?
Edit: yep it was around January 27th. Took the survey and converted it immediately lol. It was 4 cents at the time, now just barely over a penny. Ouch.
3
level 29.0k · 3 days ago
9.0kfuture rugpuller
Good rule of thumb is to not trust things that are being shilled heavily.
7
level 21.6k · 3 days ago
1.6kPlatinum | QC: CC 42 | r/WSB 50
Same. I got at least 3 Discord invites about it.
2
level 20 · 3 days ago
0Platinum | QC: CC 61 | LRC 7
Same. People in the daily kept talking about it. I checked it out but it’s not available for me on CB(I’m in NY it probably has something to do with that but idk) guess I’m glad it wasn’t available for me lol
2
level 2
· 2 days ago
Tin
Yeah, everyone was shocked that Binance has listed it and people don't even bother to check the project anymore.
2
level 26.9k · 3 days ago
6.9kPlatinum | QC: CC 212
I remember saying the same thing to another one of the ops posts and people claimed it was never shilled then was downvoted into oblivion 🤷♂️
6
level 28.2k · 3 days ago · edited 2 days ago
8.2kPlatinum | QC: CC 929
Heavily shilled by people jumping on the bandwagon.
4
level 251 · 3 days ago
51Platinum | QC: CC 1324
Reddit shilled coins have really not been doing well as of late.
2
level 2
6.3k · 3 days ago
6.3k Here for the money
Phew I think I'm growing up, I managed to dodged this bullet.
1
level 28.4k · 2 days ago
8.4kSilver | QC: CC 727 | BANANO 85
It was cos Coinbase had its market cap at 2M so moonbois thought they would do a x100. Then it went to the real number and... oh bummer
The moment one dude told me "it's the japanese Cardano" I knew it was a shitcoin
1
level 1202 · 3 days ago
202Tin | 2 months old
The $5 price everyone always talks about is from early release fomo and low supply. It really has a ath of .36
57
level 2651 · 3 days ago
651Platinum | QC: CC 68 | Politics 56
Going from .36 to .014 as of time of writing is still a really bad tumble. Makes buying the very top of LRC look dreamy by comparison.
20
level 1521 · 2 days ago
521 Trader
$5 to a penny and NOW you’re warning of a rug pull?
Thanks Captain Hindsight!
9
level 15.2k · 3 days ago
5.2kPlatinum | QC: CC 739
Sounds very similar to what I’ve been going through with the yieldly token. I need to pull out of that trash before it’s too late..
26
level 221 · 3 days ago
21Silver | QC: ALGO 16 | LRC 54 | Superstonk 15
Was a long time believer and shiller of Yieldly.
I was wrong and it is painful
14
level 20 · 3 days ago
0invalid string or character detected
Uh what? Where’s the sudden anti-yieldly bs coming from lol
-3
level 115 · 3 days ago
15Tin
Yeah im the clown that bought a hundread dollars of it at 32 cents and now it's worth like hold on.....yup 5 dollars
6
level 1205 · 3 days ago
205Platinum | QC: CC 22
The 4.7 billion "circulating supply" is only 10% of the "total supply" Not defending this shit coin but rug pulls aren't usually slow.
36
level 2
Op0 · 3 days ago
0Tin
Yes but the circulating supply is VERY incorrect, it should be more like 20 billion. They are lying and slowly cashing out the entire total supply whilst telling people it is only 4.7 billion.
Yes rug pulls are usually instant. But this appears to be a legal rug pull. They can cash out all the coins and say they will no longer work on the project. It’s a loophole. If anything, worse than a rug pull. So malicious.
29
1 more reply
level 19.0k · 3 days ago
9.0kfuture rugpuller
I unfortunately bought jasmy and saw it fall all the way down. I got rugpulled.
22
level 22.7k · 3 days ago
2.7kYou didn’t get rugpulled… you bought the hype and FOMO. There was always a huge supply of Jasmy waiting to dump and there still us. Get out!
8
level 2
Op0 · 3 days ago
0Tin
I’m sorry for your loss. It’s not too late to cash out whatever you have before it flatlines to 0.
1
2 more replies
level 2 · 3 days ago
[deleted]
level 23.7k · 2 days ago
3.7k guv'nor
Same, dodged a bullet. Except for the 3 dollars worth of it I got from Coinbase.. 😢
1
1 more reply
level 1135 · 3 days ago
135Platinum | QC: DOGE 36, CC 24
Made my profits on this coin .
Then lost those profits on this coin when I bought back in.
Fun ride. Would 100% do it again. Fukem
4
level 1694 · 3 days ago
694Silver | QC: CC 88 | VET 191
The Twitter comments are making me lose IQ points.
Anyone ever take a deep dive through the sorts of accounts that follow these scams? A mix of delusion and stupidity; makes you realise how many gullible people are out there.
4
level 1
I was officially concerned when they just kept dumping. Now I see people saying “no this is part of the project, this is good news”. What the hell? Don’t you want to raise coin price and then work on everything involving the PC. It honestly ass backwards. I said from the beginning I would ride it to 0, it looks like that will be the case. Their marketing looks like a damn 3rd grader does it and it has tons of spelling errors. The business idea is solid. Their execution was piss poor
14
level 2
Jasmy has claimed to be different and operate more like a company. Using the coins more like stock. Many of the supposed players are ex high level business people. So it makes sense there.
Regarding the price, the claim for the low price is any large investors want to buy low. The coin rocketed before their product even released during the market hype. Thus, they had to bring it down with dilution. This is shown on etherscan wallets that everyone is saying rugpull.
Last the marketing. Yes, the English versions suck. But this is a Japanese company/coin. They've mentioned they are hiring various people in an attempt to improve, but didn't even plan on a huge American market until down the road. That is if all their web info, tweets, etc.. is to be believed.
5
level 123 · 3 days ago
23Platinum | QC: CC 906 | ExchSubs 14
But, but, but, they have a deal with Toyota?! - Made great money with Jasmy months ago rip
13
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41.0k · 3 days ago
41.0kPlatinum | QC: CC 1391
All those partnership talks look good in paper until it isn’t. Just like a thousands of other shitcoins.
4
level 1
When I bought the token for the first time at 0.17 I was hoping to get atleast 2x returns after seeing their upcoming plans and launches, but when I saw that one address holds more than 80% supply, I sold it with a small loss
3
level 11.4k · 3 days ago
1.4kPlatinum | QC: CC 266 | SHIB 10
Look, i don’t care about this Jasmy coin, i’m not invested nor i’m planning to.
With that being said, i’m writing this comment just to point at your post history. You already made two posts against this token and this is the third (the first one especially, very similar to this last one)
We get it, you don’t like the thing and you’re ensuring anyone else knows your opinion, but at this point you’re starting to look like you just got wrecked on this token and took it personally.
Also, the fact that the token is just down in price doesn’t mean it’s a scam by any means. Nearly everything is down in price if we compare them to 6 months ago.
24
level 25.7k · 3 days ago
5.7kSilver | VET 25 | GME subs 10
No point of posting same stuff. They will end up buying another scam coin, just not this one.
6
level 2949 · 2 days ago
949Platinum | QC: BTC 24, CC 91 | Android 57
So what if he has made 2 other posts about it? How does that hurt its credibility? Does he must have only 1 post about it to have any credibility?
If someone makes multiple posts and tries to warn people, the problem isn't him. It is you. You are attacking his credibility for the amount of posts he has made.
Bonkers.
2
level 2 · 2 days ago
[deleted]
level 1253 · 3 days ago
253Platinum | QC: CC 66 | TraderSubs 279
Good info but you’re like a month late
10
level 2
Op0 · 3 days ago
0Tin
Yes but my aim is to prevent people from buying this coin as it is available on major exchanges, most people don’t fully research what they are buying, so I am here to prevent them from losing their money. Hopefully.
18
level 1
I got some from coinbase earn a while ago, now it's worth around .61. I never even looked into this one, what a loss of 2 bucks lol
10
level 12.3k · 3 days ago
2.3k Canes Win
This guy keeps re posting this garbage.
Learn what a rug pull is.
10
level 2
· 3 days ago
Tin
He specifically said “slow rug pull”, not “rug pull”. While the latter has a well-accepted definition involving LP, the former is typically used in the context of the OP: consistent dev token dumping.
4
level 1425 · 3 days ago
425Bronze | 4 months old
I got into Jasmy early, wooed by it seemingly being "the bitcoin of Japan" and having a team with experience. Felt fishy though so, for once, I exited a few weeks later with quite a nice profit. Learnt a lot about doing my own research in the process. No regrets. Of course, I also have stories where I got out at a loss...
5
level 1210 · 3 days ago
210Tin | CRO 12 | ExchSubs 12
It's literally in their whitepaper that they will sell tokens for funding. Look at OP's post history lol he's obsessed
8
level 115.9k · 3 days ago
15.9kPlatinum | QC: CC 1952
I don't want to defend this, the project killed itself with this action - "japan bitcoin" my ass.
However this is NOT a rug pull - there is no such thing as a "slow rug pull". Bash them as you like, but keep facts straight.
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1 more reply
level 2
· 3 days ago
Tin | 4 months old
Same here lol pff.. got interested after some quick gains on it in November. Then kept holding and even DCAd down quite a bit. Looking back i have no clue what i was thinking.. and will never marry myself to a coin again.. 😜
1
level 1
· 2 days ago
Tin | 5 months old
OP is just looking for attention. He has been shilling some trash alt coin and crying about jasmy for over a month now. One day he claims he sold his bad and the next he calls for hara to be locked up….lmao crawl back into your hole and let us burn our money in peace
4
level 1
Any change since you posted this nine days ago or are you still just salty it didn't work out for you?
13
level 22.3k · 3 days ago
2.3k Canes Win
Nope. Just moon farming with others who are butthurt a coin has decreased in value
4
level 2
Op0 · 3 days ago
0Tin
Yes, literally 2billion coins have been added and a further 50% drop in price. So yes there has been a change and a confirmation of my research.
10
level 1
· 3 days ago
Tin | 1 month old
NOT a rug pull for the 10th time. This dude is just an asshole that wants this coin to fail.
6
level 2
Op0 · 3 days ago
0Tin
I see that you own 10 million of this scam coin. I am sorry for your loss.
9
level 1
Damn should I just get out now while I can? I have about 11,000 Jasmy rn
3
level 1
Lmao nice posts on BLM being a terrorist organization. You really were spreading that one around.
5
level 1
Dude you post this every other day. We get it. You’re butthurt. Jasmy is a long hold and you should have known that going in.
12
level 14.7k · 3 days ago
4.7kBronze | QC: CC 24
I hate the fact that it's a crystal clear case of rug pull but still almost every exchange has listed it and people are buying without research.
5
level 192 · 3 days ago
92Silver | QC: CC 251, XMR 92, SOL 19 | NANO 146
Well the name Jasmy should have been the first red flag
3
level 211.1k · 3 days ago
11.1kPlatinum | QC: CC 565
When I first heard the name it felt like I was back in the 90's listening to some pyramid scheme sales guy.
3
level 2651 · 3 days ago
651Platinum | QC: CC 68 | Politics 56
I first saw it in the earn program and traded it for either Bitcoin or Algo I don't remember which anymore. At least to my ear the name sounds oddly similar to "fake internet money scam coin".
0
1 more reply
level 1 · 3 days ago · edited 3 days ago
[deleted]
level 2
Op0 · 3 days ago
0Tin
I’m shocked that this is allowed to go on unpunished. But they don’t care as long as they make money. Makes you wonder what other scam coins lurk out there.
1
level 14 · 3 days ago
4Tin | 2 months old
Can you research spells books? I swear it's doing the same thing. Just slow and easy.
2
level 279 · 3 days ago
79Gold | QC: CC 16
It is. Did you not hear about the scam artist that was found out to be involved with wonderland which Uses spells abracadabra money? This was about a month ago. A known millionaire swindler involved with the development team. Gtfo
1
level 1137 · 3 days ago
137Gold | QC: CC 27 | r/SSB 13
Noooooooooo! I put in 5 dollars !!!!!! Burned again
2
level 1403 · 3 days ago
403Tin | 6 months old
This is why I invest in Ergo. Fair launch no pre mine or ICO.
2
level 1216 · 3 days ago
216Tin
Feel free to check this guys post history and see him claiming “billions” of jasmy being sold is actually just him adding up the wrong columns. What an absolute 5head
2
level 1
Hahahah made me buy more, this sad person posts neg about JASMY every day must of lost he’s house or something 🤦♂️
How silly investing what you can’t afford you end up posting negative stuff about the coin every day
2
level 1551 · 3 days ago
551Silver | QC: DOGE 182, CC 86, SOL 36 | SHIB 26 | Politics 37
Spelling is probably off because the creators are Japanese and don’t really know English all that well.
3
level 2
Op0 · 3 days ago
0Tin
Yes except when you don’t spell your own product name correctly, then that’s where it gets really fishy.
5
2 more replies
level 1
· 3 days ago
Tin | CC critic
level 1 · 3 days ago
[deleted]
level 2
Op0 · 3 days ago
0Tin
Looking at your history, you are currently active on the jasmy subreddit and a bag holder. I am sorry for your loss.
15
level 2
· 3 days ago
Tin
I suggest everyone here to take a look at this clown post history. Makes this comment 100 times better.
2
level 10 · 3 days ago
0Tin
level 2594 · 2 days ago
594Tin
that’s a point, like some people will FUD a coin only for it to rise later
1
level 230 · 2 days ago
30Tin | 5 months old | SHIB 17 | Superstonk 17
It was this guy making that post then lol
1
level 1
· 3 days ago
Tin
The name is the first red flag…. the second red flag: the Toyota deal hahhaahahahhahahaha
2
level 1
Mod
· 3 days ago
· 3 days agoHello yoyololbbb. It looks like you might have found a new scam? If so, please report this scam by crossposting to r/CryptoScams, r/CryptoScamReport, or visiting scam-alert.io. For tips on how to avoid scams, click here.
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1
level 1815 · 3 days ago
815Platinum | QC: CC 92 | CRO 16 | ExchSubs 16
It's certainly not making me jasmy pants, that's for sure.
1
level 11.0k · 3 days ago
1.0kPlatinum | QC: ETH 170, GPUmining 39 | MiningSubs 181
😂 little late what’s it at a penny now ? After depleting for like 2 months straight
1
level 1
· 3 days ago
8 - 9 years account age. 113 - 225 comment karma.
Can confirm. Look at the 1d chart it has slowly plunged nonstop 100% of the time
1
level 1
Poor bastard went All In at ATH on a 10% circulating supply token😆💸
1
level 114 · 2 days ago
14Tin
The OP obviously doesn't understands what a rug pull is.
They are NOT taking liquidity out, they are selling tokens, which is a big difference.
But like I said he just a troll that brought high and sold rock bottom and now wants the Token to fail because he has lost a load of money.
Paper handed bitch.
1
level 237 · 2 days ago
37Tin
I think he is right. The slow rug is common. Ppl justify it anyway to not be a sucker. They say bear market to justify 97 percent losses. Dude wake up. You've been had. They misspell their own name. There was never enough info on them to make investing smart. You got played and are in denial stage
0
level 1
7.5k · 3 days ago
7.5kETH | CRO | ATOM | LUNA | ONE | MATIC
Is anyone really surprised that a coin which sounds like a cumshot is likely a rugpull... 😅
0
level 15.7k · 3 days ago
5.7kPlatinum | QC: CC 116
You guys only buy shit let me tell you. I don't even know how you people find this kind of crap tokens and still have the steel balls to put money on them.
-2
level 12.7k · 3 days ago
2.7kPlatinum | QC: CC 324, ATOM 16 | TraderSubs 12
I don’t know how braindead you’d have to be to think this is anything but a scam
-4
level 2
Op0 · 3 days ago
0Tin
Tell that to all the shillers who are in denial that their investment is 99% down in a few months. It’s ridiculous how brainwashed they are.
1
level 1544 · 3 days ago
544Silver | QC: DOGE 91, CC 72 | LRC 66 | r/WSB 58
No you are not allowed to say Jasmy rug pull here or get voted down heavy !!
-2
level 1185 · 3 days ago
185Tin | 4 months old | CRO 15 | ExchSubs 13
One of the very few cryptos I sold at a (decent) loss due to fishy behaviour. Glad I did
-1
level 179 · 3 days ago
79Bronze | QC: BTC 22
Yeah but jizz my is going to the moon. Or minimum up two to three feet
1
level 2200 · 3 days ago
200Tin | 6 months old
lol. I didn’t even think of the word jizz till you mentioned it.
2
level 12 · 3 days ago
2Tin | 5 months old
Thanks OP, now the bigger question of greed, to APE & maybe it work out or skip? 😂
I did see it was heavily advertised as well, lucky I did not go in, would have been red faced 🥵
1
level 1665 · 3 days ago
665Platinum | QC: CC 167, BTC 46, ZEC 23 | MiningSubs 43
Glad i sold at $.16 and bought aave and comp. I made a lot of money with jasmy, but it was dropping quick after that $.30 runup last year.
1
level 1
Converted all of mine to BTC. Thankfully I didn’t go all in on it. Just a couple hundred before the pull.
1
level 112 · 3 days ago
12Tin
Damm this post came in mad clutch, was just in the process of looking into it
1
level 1324 · 3 days ago
324Isn't all they have to do to get listed on Coinbase is pay a certain amount for a "listing fee"?
1
level 10 · 3 days ago
0Gold | QC: CC 35
I knew it! thank the heavens I didn't invest when it was so heavily shilled here
1
level 1
15.8k · 3 days ago
15.8kThe Ash Ketchum of Crypto | Gotta Catch 'Em All
Time to sell my coinbase free jasmy then.
1
level 15.3k · 3 days ago
5.3kPlatinum | QC: CC 621, DOGE 188, BTC 74 | CRO 18 | ExchSubs 30
Uh oh my $3 I got free from coinbase is about to be rug pulled
1
level 1
· 3 days ago
8 - 9 years account age. 113 - 225 comment karma.
Yeah they are trying to milk this one all the way down to 0
1
level 1104 · 3 days ago
104Platinum | QC: CC 39
Thanks for the heads up! Still have my $1 worth from CB.
1
level 10 · 3 days ago
0Platinum | QC: BTC 20, CC 43
and coinbase listed this shit? they put shitcoins that I couldn't even find by blindly throwing a dart at CMC lists.
1
level 1
All you do is post neg about JASMY you must of lost a lot of money 😂😂
1
level 11.2k · 2 days ago
1.2kPlatinum | QC: CC 180, BTC 20, LW 18 | ADA 15
They still have around 19k holders...
Run before you can?
1
level 1146 · 2 days ago
146invalid string or character detected
Damn if!! There goes my £40 investment 🥲😅.
1
level 1
· 2 days ago
Tin | 2 months old
level 178 · 2 days ago
78Bronze | XVG 9
Add SGE/SOGE, Antis and Infinity Mining Token to the list of shitcoin rug pulls. Stay away from anything run by a dude named Roger
1
level 11.0k · 2 days ago · edited 2 days ago
1.0kBronze | QC: CC 21
Someone once told me JASMY was a pump‘n dump coin, so I never really paid attention to it - thx random guy from this sub
1
level 2
never really paid attention to
FTFY.
Although payed exists (the reason why autocorrection didn't help you), it is only correct in:
Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. The deck is yet to be payed.
Payed out when letting strings, cables or ropes out, by slacking them. The rope is payed out! You can pull now.
Unfortunately, I was unable to find nautical or rope-related words in your comment.
Beep, boop, I'm a bot
2
level 195 · 2 days ago
95Tin
Surprising because coinbase just listed them. I wouldn’t think coinbase would list a rug pull
1
level 1450 · 2 days ago
450Tin | WSB 27 | Superstonk 11
Only 10 percent of the supply is in circulation. Why on earth would you ever buy a coin like that knowing more will be released in the future diluting the price? They have a total supply of 50b but only 5b has been released so far. DYOR
1
level 1
· 2 days ago
Tin
While things certainly don't look good for jasmy, the crytpo market is about the take massive dump. Other than stable coins, there is nowhere to hide.
1
level 1124 · 2 days ago
124Platinum | QC: ETH 38, CC 35, GPUmining 22 | MiningSubs 87
When rug pull date?
1
level 1154 · 2 days ago
154Bronze | QC: CC 17
You made a post similar a little over a week ago. You didn’t respond to a single comment either if I recall. Didn’t farm enough moons? :P
No matter, I don’t have a pony in this race per se. I’ve just always heard it was backed by the Japanese government and currently a lot of Altcoins are bleeding - it’s a bear market, ‘s how this works I’ve been told.
1
1 more reply
28 more replies
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Even if you win in a 50/50 match you still will lose $35K. I just wonder who is stupid enough to do this. You think this is the end?
Wait this is not the end, in another NFT you can also watch a movie with him just by paying $35K.
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Please stay away from these so called celebrities they are not your friends. They are scamming their own fanbase. They are nothing but bunch of scammers.
He's also involved in fake giveaways which were never given to his followers.
Source: https://twitter.com/coffeebreak_YT/status/1500213278609481729
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Former US presidential candidate – Hillary Clinton – criticized those cryptocurrency trading venues that refused to stop servicing Russian-based users. She once again opined that digital assets should be put under a regulatory framework.
Amidst the Russian invasion in Ukraine, Mykhailo Fedorov – the latter’s Vice Prime Minister – asked the leading digital asset platforms to freeze all Russian users’ blockchain addresses. According to the politician, the move would weaken Russia and aid Ukraine’s defense.
In a recent interview for MSNBC, the former first lady Hillary Clinton said she is “disappointed” that some cryptocurrency exchanges still provide services to such users:
Why do these people talk about thinga they have not a single inkling about? And clearly any sort of decentralization is poisoni their eyes
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91211So Laura Shin, the crypto journalist, released her book, the Cryptopians, which goes into detail about founding of Ethereum, its cofounders, and uncovers the alleged identity of the Ethereum DAO hacker. In the book, we learn many things about the founders including some of their behaviors. One that I found more fascinating was Charles Hoskinson's given how drawn many are to him.
Having read the book, a twitter user calls out Laura for portraying Charles in a bad light. Hoskinson replies to the user that Laura's book is a , " Great work of fiction. Tough market to beat George R.R. Martin and Tolkien, but we wish her well." She then replies with some receipts, showing that Charles hasn't been very honest regarding some of his claims such as his level of education. At this point, can we trust anything Charles has to say because time and again, he's shown to not be very reliable? There's nothing wrong with not having a degree; however, to lie or stretch the truth in such a space where people are looked upon as "experts in their fields" is appalling.
I know the Cardano supporters will probably downvote me to oblivion, but F it... someone has to say something. Here are the receipts:
Here's the audio: https://twitter.com/laurashin/status/1500556969886760963?s=20&t=SFGXVHVe-uwt5MJVTUkGSQ
The wiki page on Charles**Edit:
Here are some more interesting things I found:
A fascinating read about Charles, apparently during the period of the Ethereum foundingcontinuation...Those close to the Ethereum project were consulted regarding the book3.4k
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I dont get her obsession with crypto. First she starts tweeting about how regulators need to increase scrutiny of crypto
As governments worldwide are placing sanctions on Russia following its invasion of Ukraine, U.S. Senator Elizabeth Warren is worried that cryptocurrency could give Russia a way to evade sanctions. The senator from Massachusetts tweeted Monday:
"Cryptocurrencies risk undermining sanctions against Russia, allowing Putin and his cronies to evade economic pain."
“U.S. financial regulators need to take this threat seriously and increase their scrutiny of digital assets,” she added.
Then on wednesday she and three other senators write a letter to Janet Yellen of all people telling her to "enforce sanctions compliance" in the crypto industry
All of this out of a supposed fear that Putin is going to use crypto to bypass sanctions even though its been known for a while now that Russia has been sanction-proofing itself by building up gold and Chinese Yuan reserves. As well as crypto's marketcap and volatility making it an unsuitable medium for country-scale transactions.
See why Russia wont be using crypto to bypass sanctions
Tired of these politicians pushing their own agendas.
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I’ve been seeing a lot of people post about adding BTC and ETH to their portfolio and asking questions how they should split up their portfolio. In this thread, I will share my experience on the perfect breakdown.
To start, you want at least 70% in BTC. This is the granddaddy of all coins and your most stable. The higher the percentage of BTC, the better.
Next is ETH, I’ve found 60% is a good level. Even if you just have BTC and ETH, you will have 130% of your portfolio in 2 coins, up for 100% you started with. To instantly have 30% more, you are genius.
Next up is the large-cap alts. I like 30% here. You can LRDYOR (let Redditors do your own research) to decide which coin is best for you, but possible examples are SOL, ADA, DOT, LINK, AVAX, etc. Following advice up to this point, you have at least 160% portfolio.
Keeping 20% stables is key to any portfolio. You can earn interest (up to 20%) on stables, plus any price action. I saw one tik-tok’er predict Tether would go to $5 this year. I think that’s bullish, but I can easily see USDT going to $3. Let’s say you earn 20% interest on your 20% investment, you now have 40% (compounding interest works wonders). Now your portfolio allocation is at 200% and you have doubled your money.
Now that you have doubled your money, going for 100% portfolio allocation to 200%, you have freedom to gamble on low cap coins. I’d keep this to 10%.
This strategy will work for everyone. It will instantly turn you into a billionaire overnight. Follow me for more financial advice.
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10714This is a rant.
I am new to crypto and to be fair I’ve only had Binance tell me to go fuck myself because of American sanctions, but this is just messed up. We’ve been blocked out of Binance for 2 years and no one’s said shit, I doubt any of you even knew that we had to pack our shit up and leave, the Russians haven’t even been blocked yet and I’ve seen you people become united as if it were your own accounts.
“Binance owner says blocking innocent Russians accounts is unethical”
“We must stand up for all users”
Are we not innocent? What is it? Why are y’all more worried about the idea of it happening to Russians but we’ve been kicked out for years and no one batted an eye?
Fair enough, I can use other exchanges like KuCoin.
This isn’t even a geographical issue, I’m in Dubai and binance is supported here, but everytime I try to verify my account I get blocked because my Dubai residency card shows where I’m from.
To the Russians, I’m not mad at you guys, you really shouldn’t be thrown off of exchanges because of your government. I guess I’m just pissy because people fight for you and leave us out in the sun. 🤷🏻♂️
Fuck the Government. Sanctions don’t affect the government, it affects ordinary, innocent people. The poor American government must think if they use sanctions, the Iranian government will stop being bad because they feel bad for their people suffering. What a joke.
Update: Thankyou for the support, I didn’t mean this to be hateful or mean.
To the people rightly saying that sanctions are built to hurt ordinary citizens so that they step up and fight their government. You are right. That’s the whole point of it and Iranians are fighting back, they are protesting but unfortunately, the world is very different than the western democracy you’re used to. Some governments really don’t care how many people they kill. Some governments block all internet access so they can play Duck Hunt with people.
I tried posting a link but it isn’t working for some reason. Google Iranian protests and enjoy.
I agree with you all, but this is getting too political and that is not safe.
All I’m saying is, the crypto exchange bosses shouldn’t sanction users. Allow people to trade freely.
Update: From the crazy amount of support I’ve seen, I understand race is not an issue in this and I apologize for bringing it up. I have taken it out. Please raise awareness.
What you are afraid of happening has already happened, help stop that.
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As the title states this is a giveaway to all of you with kind regards from r/banano. The only thing you need to do is comment your Banano address and you will receive some. In order for you to get yourself Banano, simply download the official wallet Kalium or use our web wallet. Setting up a wallet only takes a minute or so and wont cost you anything.
What is Banano?
Banano is an instant, fee-less and eco-friendly cryptocurrency founded in 2018 and probably inhabits the most friendly and funny community in all of crypto. In fact, this endorsement (or just call it a kind note) should tell you all you need to know:
https://www.reddit.com/r/banano/comments/n9oz27/creator_of_dogecoin_here_was_told_to_check_this/
Importantly, Banano has been distributed entirely for free since April 1, 2018.
Banano has ongoing development since years and has experimented with hundreds of different ways of distribution since then, while keeping the onboarding of noobs and the education of users as a priority. For example, we set up Bananominer.com which simply means we are rewarding users to contribute to Folding@Home with BAN - while Banano itself doesn’t require mining. This incentive to support medical research has led Banano into the top folding teams of all time! Stats can be found here.Want more free Banano? Try out these faucets and join our community (Reddit and Discord being the most active channels), we have loads of different ways to get free BANANO all the time.
Also, in recent times we started to wrap Banano and bring wBAN to Binance Smart Chain, Polygon and since yesterday also to the Fantom network.
To better understand what Banano is, check out our website and particularly our meme-rich Yellowpaper. For help getting started and relevant links check out banano.how.
THANK YOU to r/CC for letting us do this, and we'll see YOU in the Jungle!
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Russians are no longer allowed to leave Russia with more than $10k in a foreign currency.
Now imagine you want to leave Russia and bring money with you. You don't want to hold Rubles because they're losing value by the second. You can't hold foreign currency.
How do you bring money with you? Crypto. You buy lots of BTC and ETH, store your wallet keys safely, and leave the country with no one any the wiser.
Russians will use crypto to get out of the hellhole that is Russia and start a new life, now that they can't use foreign currencies to do it.
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Hi all,
I'm embarrassed to be posting this but I really need help. I've been trading crypto futures the past month and have dug myself a pretty big hole. I'm currently down $22,000. Here's my full trade history: https://imgur.com/gallery/v0zIBd9
Just for context I'm a software engineer making a good salary yet currently I'm in debt about $5,000. I have a history of drug and gambling addiction, as well as depression. It feels like I can't stop, I don't know what to do anymore. I can't live with myself knowing I've lost so much in such a stupid way. Can anyone please give me any tips to get myself past this dark phase of my life? I'm turning 27 in a week and can't keep living like this.
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Dear feds
Fuck off already with all negativity about crypto investors. We are not bunch of evil money launderers. We are not Russian agents. And we sure are not here because we don't know the risks.
We are here because your system ruined our future. Because we don't see any other scenario when we can afford to buy a house or even a nice new car. People in 50s were compensated decently for their hard work. They had a roof over their heads, a nice job and a lots of hope for the future. We? If we are really smart we might pay off our debts by the time we have our first heart attack.
We are not victims of some crypto scam machine. We know what we signed up for. What you call it? Free market? Only this is truly a free market and not only in name for few to profit. We might actually have a chance of winning here.
Dear feds, every single person here knows this market is a minefield. They are not stupid. But what can you do when there is no safe option to reach your dreams? You take a risk. Yes, we are desperate and it is your doing. We are here risking for a win because we have no other choice. Because you fucked up bad.
Dear feds, there are more pressing matters than crypto, you fucked up earth and continue to do so. World is on the brink of war. We have tyrants taking out democracies and people's trust in you is at all time low. Leave us alone for once. Don't fuck this one up. We can take care of ourselves. It is our choice to make. Let us have this one thing.
Regards A pissed off millennial
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I decided to test this urban myth out by creating a chrome extension that will invert my Spot, Margin and Futures trades on Binance and test it out.
I can report that, I do not yet own a private island or a yacht, but it was really fun building it and didn't make my daytrading any worse lol. I have open sourced the extension so you can play around with it yourself. Maybe it'll make you into a literal trading GOD - maybe it'll bankrupt you, who knows.
If you want to run the extension you would need to go to "Manage Extension" and click "Load Unpacked" and then select the root folder of the Repo. Feel free to inspect the source code first, and if you like the idea, you can submit a PR and help develop it further.
To enable it, make sure you're on a Spot, Margin or Futures page, open the extension and click "Enable" - done.
On Spot and Margin (naturally) you need to pre-own the coin in order to sell it. But on Futures (which are derivatives) you can place the opposite order on a contract meaning you don't have to pre-own the assets in order go short. Def not saying you should trade futures but that's where this extension works best.
Here's how I built it and how it performed after a week of testing:
Source code here:
https://github.com/CyberPunkMetalHead/binance-inverse-trades-chrome-extension
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Hi guys, Venezuelan "living" here.
This was done also in 2018, but it lasted only two months the wage was unpegged and wage plumeted to around 2 USD monthly. Let's hope this time it stays and keeps going up!
Yes, you are reading it right, monthly minimum wage was 2 USD monthly and now it is around 28 USD!
Also there is a food bonus, paid in cash of 10 USD.
Wages are paid in Bolivares, 28 USD are around 126 Bs. (Bolivares) after goverment removed six zeros by law in Oct2021 (These 126 "current" Bolivares would have been 126,000,000 "old" Bs.)
If the peg is real amount in Bs. should change even if the exchange rate (USD / Bs) changes and PTR should stay around 60 USD.
Average monthly minimum wage is around 89 USD, this is different than 2018 that is why I believe this time it will last more. in 2018 average wage was so much closer to the minimum wage. I mean, people already is over 30 USD monthly. This will benefit mostly public workers and retirees and pensioners (that have a bonus of the same amount than the monthly minimum wage by law).
In average a 5 members family needs around 500 USD (this has been increasing lately) to "live" and 1,000 USD to live "ok". This is according to CENDA (an NGO).
Remember average wage in South America is around 300 USD monthly.
OCT2021 was the third time zeroes were removed from the currency. First was in 2008 where 3 zeroes were removed, then 5 zeroes in 2018 and now 6 zeroes in 2021. 1"current" Bs. would be 100,000,000,000,000 "pre2008" Bs.
Any question, I'm happy to answer.
Sources (PLEASE READ THEM, GOOD INFO):
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