ClikB
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Legend
[Shitcoin Era] how scammers can earn half million $$$ in 1 day
- Thread starter terrycody
- Start date
LocalSeoguy40
Banned - selling outside of the marketplace.
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while this can be used as a scam, there is also potential for someone to create something
if we all had our own coins and built them, had others invest into them, and we invested into there's we would be creating a shared pool of wealth and that could mean wealth distribution. i see the potential for everyone now if its used properly.
there will be those who pump and dump, but they are missing the bigger picture.
i don't believe in scamming anybody. there is no need and if a person considered others and instead tried to find the positive use for a tool, they could innovate change for all.
if we all had our own coins and built them, had others invest into them, and we invested into there's we would be creating a shared pool of wealth and that could mean wealth distribution. i see the potential for everyone now if its used properly.
there will be those who pump and dump, but they are missing the bigger picture.
i don't believe in scamming anybody. there is no need and if a person considered others and instead tried to find the positive use for a tool, they could innovate change for all.
zopiart
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So true LMAO! Thanks for sharing
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I completely agree with posting this warning. When finding new coins / tokens to invest in it's always risky and I've been rugpulled 3 times in the last 2 weeks. There are some where you can deposit into but cannot withdraw from. There are some that get their liquidity pulled completely away. There is always a chance to lose your entire investment. Most new tokens / coins are likely scams.
One piece of general (but non-financial) advice is to not be the first one in, unless you're okay with the risk and it's your decision. What I do is wait for at least a couple hours, so that I can see how the coin or token is functioning, before considering any other factors for investing, such as an established social media presence, an active community behind it, an active TG group with helpful people (and not just with regards to the current project), etc. I also get a feel for the overall energy involved.
Of the 3 rugpulls, only one of those met most of my criteria. The others, not at all, but I was okay with the risk. Of the 1 that met most of my criteria, I was able to withdraw half my investment before it completely rugged out.
SeedPhrase
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It scared the hell out of me, already been trapped once. got to be hyper careful from now... 
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Thewy might be making much more than that but some will be in loss also. Launching one and doing marketing is not free.
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I'd recommend taking a Udemy / YouTube course on Javascript / Solidity. That's the best way, and then just browse through the source code. Solidity is very similar to Javascript, in my opinion.
Luced
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But people are stupid. They get manipulated by greed and fear.
That is kind of a noob question, but what bot exactly would you need to go to your address?
ANewBeginning
Banned - Scamming
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The harder the scammers work, the more they make. That's the name of the game
Zakch93
Elite Member
How to know if you can withdraw from a given coin before you invest? Also, can they just block people from withdrawing after a while?
Jenxkz
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People know it's a scam and buy for the pump and a fast 2-5x. It's all gambling right now
Jenxkz
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People will say check liquidity but if the contract ownership isn't renounced they can just change something and people can't sell anymore.
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This.
..or you can monitor the live feeds from "Buy Orders" and "Sell Orders" to determine whether people able to both buy and sell.
It's not a surefire method, but it helps. The best way is to examine the source code to be sure.
Zakch93
Elite Member
OK great, noted, thanks guys. Sorry for the out of topic question but for Pancakeswap and similar what are the fees usually to buy and to sell
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Cheap. Definitely much less than a dollar.
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can confirm, I have been doing it the last week and went from 35usd to 270 (it was more, but I got greedy). my tokens were astropup, bruhbucks and viagra. currently on ultrasafe, a project that presents itself as good technology and utility yet doesn't have a fucking whitepaper. will try to do an x2 and get the hell out. if I keep making it work, imma buy jr VIP and change my name to "PonziSurfer"
edit: for anyone reading this, I don't recommend any of those tokens. not even the last one. i want to see if I can surf a "serious" type ponzi. if it turns out I cant, I will stick to surfing memecoins.
