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re: GME (Gamecoin)

Posted on 9/26/21 at 12:09 am to
Posted by Rize
Spring Texas
Member since Sep 2011
18730 posts
Posted on 9/26/21 at 12:09 am to
quote:

I hope you guys are taking big profits. It will crash hard. They all do. I'm a shitcoiner. Get money, run, and save a little bag.


I suck at the shitcoin game and I have bags in emax, peeps, shiba, and FKEMax. I’m not down too bad on them except Emax. I kept buying down on that fricker and it kept going down.

I don’t think GME is a shitcoin so I’m staying in.
This post was edited on 9/26/21 at 12:16 am
Posted by zzgobucky
Madison
Member since Sep 2016
1814 posts
Posted on 9/26/21 at 6:30 am to
quote:

I don’t think GME is a shitcoin


I mean it is the exact definition of a shitcoin, but that doesn’t mean you can’t make $$$ on it
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11513 posts
Posted on 9/26/21 at 8:25 am to
quote:

I mean it is the exact definition of a shitcoin


It's sole function is a 10% sell off every 3 billion GME coins transacted. Your statement is 100% accurate.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82055 posts
Posted on 9/26/21 at 10:51 am to
quote:

I don’t think GME is a shitcoin
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 9/26/21 at 10:52 am to
quote:

I don’t think GME is a shitcoin so I’m staying in.


It is.

But, that doesn't mean that it won't pop again. What generally happens is what I illustrated on the posted chart. You have to keep pumping it in order to dump your bags, so they will keep shilling the frick out of it.

Eventually, the big bag holders, who got in cheap, will get tired of gambling and dump pretty hard and pretty fast. The price will stay low for awhile, while the community, which includes those big bag holders that now have some marketing money to help shill the project, continue to work.

Then, you might have another big pop one day, similar to what safemoon did.



Here is the military finance one that was shilled a few months ago. This is the most likely scenario for gme too. It looks more promising, so the crash robably won't be as fast as mil, but it will do the same. They all do about the same. However, a few do that second explosion if they can get some good shite going. I'll definitely be watching, bc it could do a second safemoon type pop during football season.

I wish I had been watching when this was first posted. Unfortunately, I only play the shitcoin game when the market is popping, and I haven't like it for a couple of months.

Congrats to those that were watching. Take some profits.

This post was edited on 9/26/21 at 11:03 am
Posted by SmackDaniels
Gulf Breeze, FL
Member since Mar 2007
15383 posts
Posted on 9/26/21 at 1:13 pm to
This is not like investing in Doge on Robinhood. Way more complicated. I got money in Binance Coin and I have no idea if it ever made it into Gamecoin.
Posted by SmackDaniels
Gulf Breeze, FL
Member since Mar 2007
15383 posts
Posted on 9/26/21 at 1:23 pm to
quote:

mtcheral


Thanks for your help btw...Got it figured out. I appreciate it.
This post was edited on 9/26/21 at 1:32 pm
Posted by 21JumpStreet
Member since Jul 2012
14851 posts
Posted on 9/26/21 at 2:21 pm to
If you can get in early on these shitcoins you can make a ton of $ from stupidity. Get out at the top though


If you have to argue % gains it's a shitcoin ala hex
This post was edited on 9/26/21 at 2:30 pm
Posted by FnTigers
Member since Sep 2021
2509 posts
Posted on 9/26/21 at 3:39 pm to
quote:

shitcoin ala hex
you just lost all credibility. Comparing this trash to hex is the epitome of clueless.
This post was edited on 9/26/21 at 3:39 pm
Posted by Meezy
DA Bomb Squad
Member since Apr 2005
6960 posts
Posted on 9/26/21 at 3:39 pm to
The original investors, either Top 20 or 100, signed an agreement they can only sell up to 50% of their shares over the first 2 years. The agreement should have started somewhere around 6/22/01. This gives me the feeling it is not a pump and dump.

Once it hits Bitmart my understanding is that the 10% transaction fee will be waived and it will apply to Bitmart transaction fees. I could be wrong though ?????
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 9/26/21 at 6:06 pm to
quote:

The original investors, either Top 20 or 100, signed an agreement they can only sell up to 50% of their shares over the first 2 years. The agreement should have started somewhere around 6/22/01. This gives me the feeling it is not a pump and dump.


None of what you said matters.

The fricking won't come from the tokens sent out by the contract; it comes from the insiders that buy it when liquidity is first added. The early buyers got shite tons for very little, and they will have to keep it pumped up to keep selling those coins.

BTW, it will likely tank when it hits an exchange.
This post was edited on 9/26/21 at 6:07 pm
Posted by Odinson
Asgard
Member since Apr 2014
2861 posts
Posted on 9/26/21 at 6:16 pm to
The tokenomics of the reflection dump is like footsteps of the Potergeist.

Imagine when the initial pump can’t be sustained and this continues to trend sideways or down. Regardless of the action, the reflection is there to knock you down each time.

Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 9/26/21 at 7:24 pm to
quote:

the reflection is there to knock you down each time.


The reflection is there to benefit the insiders. The charity portion helps them market it by advertising their donation. The portion going to holders benefits the biggest bags the most. I haven't looked, but it helps them more if the burn wallet doesn't get the redistribution. Finally, the portion of the reflection that adds liquidity helps them have more bnb to go after.

The problem with these shitters is how little liquidity exists when compared to the market cap. People have millions and millions of tokens, but they are only able to sell them little by little without destroying the project.

I'll look it over later.
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 9/26/21 at 7:30 pm to
quote:

This is not like investing in Doge on Robinhood. Way more complicated.


I know what it is. Ive been using swaps for years.

Just a tip...bookmark your wallet on bscscan. It might be easier for you to make sure the swaps worked by looking at your wallet on the explorer.
Posted by 21JumpStreet
Member since Jul 2012
14851 posts
Posted on 9/26/21 at 7:55 pm to
got em
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11513 posts
Posted on 9/26/21 at 8:02 pm to
quote:

got em


I actually upvoted your retarded post. Your first sentence was legit.
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 9/28/21 at 10:56 am to
This is the main problem.

You've got a 300m market cap and about 3m in liquidity. The project is mickey mouse shite, and it likely won't be able to sustain enough buying pressure to sustain the price.

Right now we have wallets showing $300,000,000, and those folks won't take long to realize that they need to get their piece of the $3m liquidity available. Whats happening now is the people that have already taken profits are using those profits to keep driving the price up. They will stop soon, and it will be only those involved in the project. They will stop eventually too.

You guys who got in early need to take your profits regularly. You can thank me with a tip later.

Posted by Rize
Spring Texas
Member since Sep 2011
18730 posts
Posted on 9/28/21 at 4:10 pm to
Posted by Stagliano
Member since Dec 2020
1661 posts
Posted on 9/28/21 at 4:26 pm to
quote:

The problem with these shitters is how little liquidity exists when compared to the market cap. People have millions and millions of tokens, but they are only able to sell them little by little without destroying the project.



Speaking of MIL lol I wasn't that learned about liquidity early on and snatched $50k off the board on its 1st big run up. Knocked $20M MC off of it

That was a hilarious night on Telegram watching a bunch of randos motherfk me at one time
Posted by 21JumpStreet
Member since Jul 2012
14851 posts
Posted on 9/28/21 at 6:15 pm to
Imagine owning lebron james we are bringing back slavery
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