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re: GME (Gamecoin)

Posted on 9/23/21 at 9:17 am to
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 9/23/21 at 9:17 am to
i dont think theyll rug tbh, too many know who they are irl apparently
Posted by FnTigers
Member since Sep 2021
2467 posts
Posted on 9/23/21 at 9:20 am to
You'd have to be a little crazy to invest large sums of money in this. I wouldn't even invest small amounts.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11499 posts
Posted on 9/23/21 at 9:24 am to
quote:

i dont think theyll rug tbh, too many know who they are irl apparently


It's not a rug pull, but good luck making money when every 3 billion tokens transferred you sell off 300 million tokens. On top of that you lose 20% just transferring in and out the coin. There are so many investments better than GME.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11499 posts
Posted on 9/23/21 at 9:26 am to
quote:

What’s your name on the telegram?


I'm on Telegram, but don't use it often. I much prefer Discord. Half of the Money Talk forum is on Discord.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 9/23/21 at 9:27 am to
quote:

On top of that you lose 20% just transferring in and out the coin.


well yeah, i said youre down 20% right from the start, and was downvoted

i think the cake yields are a great play though
This post was edited on 9/23/21 at 9:28 am
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11499 posts
Posted on 9/23/21 at 9:33 am to
Top Dex List

It's the second largest DEX. I think it's a legit play. The crypto large caps give amazing returns, it's hard not to choose safe plays like CAKE. I also think it's undervalued relative to the volume it sees compared to Uniswap.
Posted by Rize
Spring Texas
Member since Sep 2011
18699 posts
Posted on 9/23/21 at 10:17 am to
I’m up 55k on GME in 3 weeks.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11499 posts
Posted on 9/23/21 at 10:23 am to
That's awesome Rize. You caught it early. Look at the Safemoon chart. GME is pretty similar. I expect similar price action on GME. There are too many great crypto plays that are extremely lucrative to invest in something with mechanics like GME.
Posted by zzgobucky
Madison
Member since Sep 2016
1811 posts
Posted on 9/23/21 at 10:32 am to
Take your profit and get out as fast as you can. Some dude was on here couple of months ago pimping military finance, this has a similar vibe
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11499 posts
Posted on 9/23/21 at 12:01 pm to
quote:

Take your profit and get out as fast as you can. Some dude was on here couple of months ago pimping military finance, this has a similar vibe


It's just the tokenomics that are super bad. They sell off 8% of all transactions and give back 2% to the holders. That kills your upside.

For instance, Safemoon gives back 5% to the holders and everyone makes fun of it for being crap. Why hold GME knowing that information?
This post was edited on 9/23/21 at 12:03 pm
Posted by Cdub_tiger
Baton Rouge
Member since Dec 2013
311 posts
Posted on 9/23/21 at 12:08 pm to
take 10% every transaction? If someone sells for $100,000, they take 10k?
Posted by Rize
Spring Texas
Member since Sep 2011
18699 posts
Posted on 9/23/21 at 1:07 pm to
Yes. Certain percentage back to holders, marketing and charity.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11499 posts
Posted on 9/23/21 at 1:08 pm to
quote:

take 10% every transaction? If someone sells for $100,000, they take 10k?


When you buy with 100k, you only get 90k worth of GME. When you sell, you lose another 10% of that 90k.

The 10% gets broken down to:
2% back to the other holders
2% to liquidity
2% for "marketing" - we know what that means
4% for charity

In order for the GME founders to give money back to charity or marketing, they have to sell the shares. That's why you see massive sells on the chart. It's every time they dump shares. It's coded to be done automatically.
Posted by maymax
Baton Rouge
Member since Sep 2010
166 posts
Posted on 9/23/21 at 7:59 pm to
He angry
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 9/23/21 at 10:27 pm to
quote:

I’m up 55k on GME in 3 weeks.


thats a lie, besides the premine wallet, the top user wallet only has $23,500 worth of GME at the moment

do you idiots forget this is all on the blockchain? youre such a slimey little rat
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82053 posts
Posted on 9/23/21 at 10:28 pm to
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 9/23/21 at 10:29 pm to

and if he was telling the truth about "getting in" on september 3rd, the top wallet isnt even his
This post was edited on 9/23/21 at 10:32 pm
Posted by SUG
Member since Nov 2015
667 posts
Posted on 9/23/21 at 10:45 pm to
My lord this is a huge red flag if I was up I would exit pronto. Comparing it safemoon which I am not into is also ludicrous as of today. Good luck to these guys though prove me wrong, Tokenomics smell pyramid
Posted by mtcheral
BR
Member since Oct 2008
2082 posts
Posted on 9/23/21 at 10:46 pm to
Someone just purchased 57k worth.
Posted by Rize
Spring Texas
Member since Sep 2011
18699 posts
Posted on 9/23/21 at 10:52 pm to
quote:

thats a lie, besides the premine wallet, the top user wallet only has $23,500 worth of GME at the moment

do you idiots forget this is all on the blockchain? youre such a slimey little rat



Why the frick would I lie?
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