Bonk is a complete scam

achiever2011

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This is a complete scam coin. Top holders hold most of the coin and are ready to dump anytime. Do not play with fire even if it appears tempting.
 
Lost 500usd with this shit coin :/
You must know by now that putting money in altcoins with expectation of 10x over night is probably not going to happen.

What made you gamble with this one in particular? Did their marketing team gain your trust and break you?
 
You must know by now that putting money in altcoins with expectation of 10x over night is probably not going to happen.

What made you gamble with this one in particular? Did their marketing team gain your trust and break you?
There was hype about this coin. Some people were saying it will be next Shiba inu.
 
There was hype about this coin. Some people were saying it will be next Shiba inu.
That's a huge red flag, when anyone says "xyz will be the next whatever", these are scammers doing this, and they're making a lot of money off those who fall for it.
 
Doge Bonk is the only legitimate bonk coin. - first one ever. Contract literally starts with D0B0, first coin ever in space (watch the YouTube video of the hard wallet floating on a helium balloon out into space)
 
Always have a look at the tokenomics of a token / coin. For BONK, the top 20 holders have (had) 50% of the total tokens, so a dump in such cases, is (was) inevitable. Ofcourse, even with great tokenomics, manipulation by can be and is often done by some groups that work together and they buy a large amount of the coin, causing the price to go up artificially. Once the price is high, they sell their cryptocurrency, causing the price to drop.
 
Always have a look at the tokenomics of a token / coin. For BONK, the top 20 holders have (had) 50% of the total tokens, so a dump in such cases, is (was) inevitable. Ofcourse, even with great tokenomics, manipulation by can be and is often done by some groups that work together and they buy a large amount of the coin, causing the price to go up artificially. Once the price is high, they sell their cryptocurrency, causing the price to drop.
what?
bot?
 
What ? You are a bot derailing BHW threads. Read the froum rules. Any bot, then use Report feature, but do not derail threads, adhere to furum rules and etiquettes.
If he's not a bot, then I apologize. Maybe I was thrown off by his wording. Seemed like bot generated, to me. If not, then my apologies to Trust WorkShop.

As for you ThereIsNoNo, you can see in this very thread I contributed, and in no way trying to derail.

I'll accept your apology too, because of accusing me "you are a bot derailing threads", and of course I'm not a bot. I'll be waiting.
Thanks
 
These type of scams keep being pushed by scammers. That is why there should be some type of regulation in this market.
 
I'm generally skeptical about crypto, but I wonder how fraud is defined in this field. so, how did you figure it out?
 
Lost 500usd with this shit coin :/
Its common to lose 99% of your money in shitcoins, especially with those low volume / low market cap coins. I'd only get into them if I had any insider information other than that you're going to burn real fast.
 
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