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re: Classic Doge has now launched!

Posted on 3/11/22 at 4:00 pm to
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 3/11/22 at 4:00 pm to
Don't sleep on that pos gmex either.

I don't know what the magic number is, but it will reverse at some point. Also, if you haven't noticed, they are sitting on their paid athlete shillers. Why? I'm not spoonfeeding, but it all starts making sense if you think about it past surface level.

So, we will eventually have a massively funded project, with an expensive arse platform, and a lot of motivated people with the ability to influence a lot of dumbasses. What would be your plan? I know what my plan would be in this scenario.

On the other hand, think about the sustainability issues when you outsource your development. If I'm paying closer to 8 figures than 6 for initial development, how expensive will it be to continue that development? How much will I be charged when I want to make changes to the platform? Will I just be able to throw 7 figures at it left and right to make changes, add features, etc? {profit taking mode enabled}
Posted by FnTigers
Member since Sep 2021
1455 posts
Posted on 3/11/22 at 4:07 pm to
quote:

Don't sleep on that pos gmex either.

I don't know what the magic number is, but it will reverse at some point
Yeah, no. That trash is done. Down and to the right for eternity.
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 3/11/22 at 4:08 pm to
Also, it helps so much if you get active in your projects.
People are watching for trends. Just adding 6-8 more twitter accounts, tele accounts, unique ips for votes, etc is massive with this bs.

Even just posting a meme in the tele a couple of times a day can make a difference.

I'll give xdoge some props on some of their community. Some of those guys are consistent and disciplined. Rize is an awesome member of a community, but dont tell that fricker I said that.
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13939 posts
Posted on 3/11/22 at 5:21 pm to
Something funky is going on... it has been like this for a while but as of right now the top 17 buyers are the same wallets as the top 17 sellers in the last 2 days. Here are a few of them...




This does not seem to be uncommon among shitters.. but what is strange is that nearly every one of these wallets has sold for less than they bought. Nearly all 17 have lost money. Do these guys just suck at trading or is this some concerted effort to suppress the price?
Posted by Rize
Spring Texas
Member since Sep 2011
15869 posts
Posted on 3/11/22 at 5:32 pm to
quote:

I haven't heard anything about another cex listing, but listings with solid exchanges are very expensive if they aren't chasing you. I'd rather wait on more momentum to save some rss. However, i have heard about some big shite, and I agree that people should be buying it. I can't verify the veracity of what I've heard, both inside and outside the project, but, if it is true, they have signed contracts with one of the preeminent companies in a particular field and had real meetings with another project they've been trying to work with for months. XDoge is a cream of the crop type of project in the shitter world. Also, it isn't ran by anonymous telegram users that can just leave at some point. Therefore, we can feel somewhat safe that xdoge has to at least make an effort to do what they are saying.



Do you know me?
Posted by Rize
Spring Texas
Member since Sep 2011
15869 posts
Posted on 3/11/22 at 5:48 pm to
quote:

Something funky is going on... it has been like this for a while but as of right now the top 17 buyers are the same wallets as the top 17 sellers in the last 2 days. Here are a few of them... This does not seem to be uncommon among shitters.. but what is strange is that nearly every one of these wallets has sold for less than they bought. Nearly all 17 have lost money. Do these guys just suck at trading or is this some concerted effort to suppress the price?


I don’t think that tracks right. Always go to BSC scan or dextools.
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 3/11/22 at 6:23 pm to
It isn't unusual at all.

Charting sites, cexs, etc require certain amounts of volume. If the volume isnt there, which it usually isnt, volume has to be manipulated.

XDoge has either hired what the crypto world would call a market maker or they are running their own bot to buy and sell. This is possibly one of the reasons, besides cex issues, that they went with a k with no reflection. It makes it much cheaper to fake volume when the k isnt eating up 12% of the tokens on each swap.

This isn't as necessary when a project hits a couple of centralized exchanges, because the arbitrage between them will fix any volume issues.

Just see this as a positive thing. It sucks that projects get very little real volume, but the volume is necessary for a lot of reasons. Trust me, itd be more disturbing if the team wasn't doing something to keep steady volume. This is a good thing at the end of the day.
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 3/11/22 at 6:24 pm to
Naw, DT.

I'm just pretty fricking sharp sometimes.
Posted by Rize
Spring Texas
Member since Sep 2011
15869 posts
Posted on 3/11/22 at 6:31 pm to
quote:

Naw, DT. I'm just pretty fricking sharp sometimes.





Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57502 posts
Posted on 3/11/22 at 8:49 pm to
quote:

This is a good thing at the end of the day.
gamecoin did the same thing! To the moon!
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13939 posts
Posted on 3/13/22 at 3:57 pm to
So the 7th largest wallet is dumping every few hours. LINK

Dumping 25M at a time pretty regularly and he’s still got over 2.4 billion…

ETA: nvm... this is the staking pool wallet
This post was edited on 3/13/22 at 9:51 pm
Posted by Rize
Spring Texas
Member since Sep 2011
15869 posts
Posted on 3/13/22 at 4:08 pm to
quote:

So the 7th largest wallet is dumping every few hours. LINK Dumping 25M at a time pretty regularly and he’s still got over 2.4 billion…


I’m pretty sure that’s a staking pool wallet. Folks are probably selling their rewards they are pulling out of the staking wallet or the bot is selling in 25 million increments.

There is not a single wallet that has over two billion coins that is not a staking wallet or project wallet that I know of.
This post was edited on 3/13/22 at 4:39 pm
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13939 posts
Posted on 3/13/22 at 7:37 pm to
So if someone wants to sell their staking rewards, the sale comes from the staking wallet?
Posted by Rize
Spring Texas
Member since Sep 2011
15869 posts
Posted on 3/13/22 at 8:08 pm to
quote:

So if someone wants to sell their staking rewards, the sale comes from the staking wallet?


Don’t quote me on this but if you look at that wallet do you see all the big 370 mill and and super large “outs”?

Those are people staking and unstaking those amounts and claiming rewards and not people selling. Now some people may have sold but the wallet you linked is for sure a staking wallet because I see my wallet with transactions on it.

Withdraw, get reward, and stake are on the left side of each transactions.
This post was edited on 3/13/22 at 8:15 pm
Posted by Rize
Spring Texas
Member since Sep 2011
15869 posts
Posted on 3/13/22 at 9:09 pm to
Also remember if you’re buying to set slippage to .01 and buy in small amounts to avoid triggering the bot like .49 or lower if
BNB.

It looks like the bot is the one dumping. Like 140 mil over the last day or so. There are also other people selling but not that large of chunks.
This post was edited on 3/13/22 at 9:14 pm
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13939 posts
Posted on 3/13/22 at 9:43 pm to
Ok... after doing some sleuthing on BSC scan, the big dumper appears to be the owner of this wallet. This is the number 17 largest holder of XDOGE with about 428M coins. He is selling his staking rewards... The wallet owns over 100 different various crypto worth approximately 2.6 MILLION dollars.

ETA: Here is an example of one of his transactions tonight.

First, he sold 20M XDOGE for 4.7 Wrapped BNB LINK

Click Internal Txns on that link above, a bunch of weird shite I don't understand happens, and the 4.7 BNB eventually gets sent here.

Then it gets swapped for 1,678 Binance Peg USD LINK

Then it gets transferred to another wallet LINK

Then it gets transferred again LINK

to the wallet of the guy who holds 428M XDOGE and other crypto worth over$2.6M LINK

Is this the guy running the bot? I have no idea..
This post was edited on 3/13/22 at 10:24 pm
Posted by Rize
Spring Texas
Member since Sep 2011
15869 posts
Posted on 3/14/22 at 7:35 am to
Does that wallet have 4,000 transactions?

If so it’s probably the bot because that’s a frick pile of transitions.
This post was edited on 3/14/22 at 7:36 am
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13939 posts
Posted on 3/14/22 at 8:01 am to
It’s got about 34,000 transactions
Posted by Rize
Spring Texas
Member since Sep 2011
15869 posts
Posted on 3/14/22 at 9:32 am to
Yeah I would say that’s the bot
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 3/16/22 at 9:02 pm to
Don't sleep on it.
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