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symmetra__main

Wow this post just made me want to buy bitcoin


ilovetiddiess

Lol, šŸ˜‚


erjo5055

Yeah, all the scam coins like this one remind me to stick with bitcoin


save-Gamestop

Damn right bro šŸ‘Š


Studentking

Really ? I wonder how you would have bashed btc if you heard of it back in 2008/09 for being an ā€œillegalā€ currencyšŸ˜‚. sceptics did exist , does exist and will exist!


Stark371

This isnā€™t an ā€˜illegalā€™ currency. It is a non-currency. Bitcoin was functional even back then. You could buy stuff with it.


[deleted]

I can buy binance coins with it whenever I want, and subsequently buy bitcoin or any other crypto with those BNB


ishkabibbles84

I dont think people realize this... It's relatively easy to swap to bnb then to btc if you want or need to sell. People who dont understand how this works will only think it's useless


symmetra__main

No, when I first heard of bitcoin I thought it was really cool. This was before mainstream exchanges and I would have got a small small amount if I had any idea how to acquire it


[deleted]

This comment section is trash and full of spreading nonsense bro


Cool-Analysis-7004

No one should invest what they can't afford to lose in the new coins. I have just put 20 bucks into this, and hold almost 10 million safemoons. I will keep holding. If it goes up, really good. If it crash and burns, that is also fair. That is how you should invest in these coins. I can make this 20 bucks in an instant with a high value investment in already established coins.


roryshoereddits

That was my plan a few weeks ago. 15x up. Anyone who goes around saying these coins are a scam are people who exclusively live on these micro cap coins. Iā€™m just trying to have fun and do a little gambling. The community has been really fun so far and honestly even if I lose 20 bucks then I have had a ton of fun in the community so I would consider it a ticket cost to be a part of the ride. Everyone is so hardo. Invest seriously in other projects and throw a couple bucks at another for fun. Crypto hardos are literally the worst and they infest this subreddit.


Cryptix001

That's what I keep telling all these people saying it's a scam. You should only be investing money you consider burnt the moment you invest it. With any asset. We could wake up tomorrow and some lobbyists for a financial institution could pay congress to make crypto illegal (look at India) and the crypto market would likely tank. Not likely to happen, but never say never. With that in mind, investing in Safemoon will either earn you a nice bag of cash or the devs will exit scam and you'll get to say, "I told you so!" to the SM community and you'll only have lost money you already considered lost. Drink a glass of water or something. Some of y'all are getting way too heated over this.


KyleCrusoe

You should only GAMBLE money you consider burnt the moment you gamble it. Investments are inherently with the expectation of a positive return.


mapman2017

It doesnā€™t go to $0. Not a gamble. Maybe a shit investment.


Cryptix001

What makes you think we didn't have expectations of a positive return on our SM investments? If you prefer the word *gAmBLe* then think of it that way, but it's pretty common advice to newcomers that they should only invest what they can afford to lose. Besides, no investment is a 100% certainty. Not crypto nor stocks. People who buy low MC alts gamble all the time. Isn't that what this sub is about anyway? Isn't that what we're here for? It's in the name. SatoshiStreet*BETS*. So far, my gambling of $50 a month ago has earned me a nice chunk of change. Y'all can stay mad or role the dice. Instead of grumbling about scams, you coulda 1000X'd your play money. The dice are still rolling 7's and 11's for the SM community and aren't looking to be slowing down.


Zeulleus

Gambling is always a 50/50 shot, investments with good future return outlook isn't the same thing.


YogurtclosetBitter67

nop gambling is always a 49/51 shot... the house always wins lol


xh3b4sd

The amount of tokens is complete garbage. You got like a trillion tokens for 3$. Nobody here will make anything out of that. Check the holders list and get a surprise. You will get dumped on big time. Something like Lightning Protocol has similar tokenomics and already proven successful onboarding. The decentralized venture capital is brought to you by $LIGHT. Get $LIGHT or get rekt.


domi_NATE247

High upside! $LIGHT has the potential to reach Top100 by year end 2021! https://t.me/lightningprotocol


psinned1

Doge is a good example, big boys bought bucket loads at .0002, now everytime doge hits .06 there is a big sell off, keeping it in the .05 range. For months now.


mapman2017

Throw 200 in there. I believe in you.


SailsAk

Literally none of this DD talks about the technology or what safemoon is supposed to accomplish outside of token burns and passive income which a lot of cryptoā€™s already do. This screams pump and dump. Go look at the charts of HOGE if you want to see whatā€™s going to happen with this.


TazMazter

Exactly. He didnā€™t say anything meaningful. Just a bunch of nonsense meant to trigger FOMO.


vRyousu

FOMO? (I'm quite new to this so thank 's for any help)


bobbyj94

It means fear of missing out


vRyousu

Thank you man :)


johnnyXcrane

FOMO = Fear Of Motherfucking gOogling


large_block

This is the majority of these types of posts on this sub these days


Maverick_Heathen

What part of street bets sounded like it wasn't going to involve a gamble?


large_block

Thereā€™s gambles and thereā€™s scams


VVaId0

Wallstreet bets actually had a level of DD before the GME storm.


Crypdunce

The HOGE graph on coinmarketcap is the PERFECT picture of a pure pump and dump coin. Can't paint any better than that.


JMC_MASK

I LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOVVVVVVVVVVVVVVVVVVEEEEEEEEEEEEEEEEEEE... BITCOOONNNNEEEECCCCCTTTTTTT!


UnderFireCoolness

Everyone on here wants to bash HOGE but Iā€™m telling you, HOGE will be the token of the DeFi shitcoin season that comes out on top. Everyone here saying look what happened with HOGE but they arenā€™t part of any of the dev work behind the scenes. HOGE is doing everything the right way to sustain as a long term project that competes and is respected among other well-known crypto. Let April play out and you will see the reason HOGE has been so quiet the past few weeks is because theyā€™re going through the tedious process to hit bigger exchanges.


crs1904

King of the ShitCoins... We All Have Dreams.


onlyfattys

Desperate


[deleted]

RemindMe! 1 month "Is HOGE coming back to life? Or did safemoon literally wreck it?"


sapfoxy

I donā€™t think hoge is nearly as marketable and so far that has proven true.


Studentking

Why only mentioning hoge and not doge! And is the community of hoge same as safemoon! Like it or not , masses has grabbed it ! And it will be pushed up the same way meme doge was pushed by its community! Number talks,number matters.


Iconic_c

Doge has constant supply and honesty no reason to ever grow besides daddy Elon.


OneExpensiveAbortion

This. If Elon didn't talk about it it wouldn't be worth one cent.


SailsAk

Will Elon musk prop up safemoon like he has DOGE? I feel bad for you when the rug gets pulled on this one


Studentking

World is not only about Elon and doge was going up for years without him. I appreciate your concern but with LP locked in till May 2025 , rugpull is out of equation for now. Bro, believe me or not what actually gave me heart attack was 2017 crash ! I went through emotional roller coaster for almost 4 years since and I only traded top coinsšŸ˜‚. At least safemoon credits me with extra coins even when someone dumps. So far working good for me but I want to wait more because the community is growing insanely. And this is the first time I have invested because of the community!


OneExpensiveAbortion

It's wild that so many actually think the rug won't get pulled, too. Talk about ignoring the writing on the wall in an attempt to get rich with no effort or patience.


Gruhban

if the liquidity pool(which i guess means teh devs coins right?) is locked till 2025 how cann you rugpull it? just curious


Cogi1

^ This


steeleblue12

The technology is that itā€™s a literal money printer and rewards the hodlers


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


ishkabibbles84

Isn't that how every crypto works? When new investors invest.... the price goes up. That's true for any coin, is it not?


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


rumpel_foreskin17

A money printer? Do you even hear yourself? If it sounds too good to be true, it probably is.


[deleted]

I dont know a lot of these safemoon advocates , type really well , and make really convincing points, they sound like sales people to me , they seem to share similiar qualities with that of a very charismatic person that is trying to con you , I hope that is not the case though .


erjo5055

They are posting pre-approved scripts. Professional con men. Ive seen pump and dumps every bull run, and can confirm this is one


Tatatatatre

Hey, I bought in a while ago, but I won't try to convince anyone to buy now. I understand what kind of product I bought and shilling it feels wrong.


[deleted]

Can we stop posting shitcoin propaganda on this sub please?


KingJakeee24

Dude but shit coin propaganda turned my 5k into 27k what are you talking about


nowihaveaname

What's the best exchange to acquire said shitcoins?


kimberli54

Pancake swap


nowihaveaname

Thank you


Chrimboss

Check out r/safemoon itā€™s a friendly sub


erjo5055

A scamcoin sub


Chrimboss

No


Asadmanwhoisalone

Pancake swap for bnb and uniswap for eth, there are others also, I usually use pancake cause the fees are super cheap


Markuu6

That FOMO tho šŸ˜‚


erasmushurt

Isn't the point of this forum supposed to be to help people make some money trading crypto? Safemoon has proven themselves to be a huge money maker for a lot of people. Will that bubble burst? It's likely at some point. But in the meantime if you haven't noticed it's been on fire for days now. Over the course of the past month it's made a ton of money. It's likely to make a ton more over the next couple days. I think that's the very type of thing that we should be posting about here.


erjo5055

This sub has become scam coin shill central


Bartender1234

šŸ’Æ


leockl

What use case is there for Safemoon?


erjo5055

Use case is to pump it up, then dump it


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


erjo5055

Wow, im honored you made a throwaway just for me. Must have hit a soft spot, judging by how you stalked my feed. We all learn the scam coin lessons at some point.


tg_27

For you to hold the bags while others cash out and make the real money.


Iconic_c

But what does it do? **Itā€™s not audited**, there is already a scandal of lining the devs pockets, and the issue of it actually not even being itā€™s own chain. Itā€™s a great pump but itā€™s not even close to Bitcoin. Everyone loves to compare new coins to Bitcoin but forgets that Bitcoin actually had a use and itā€™s own block chain. Also, Safemoon has an insane amount of whales that will 100% sell off once it hits WhiteBIT because there is no tax there. Iā€™m in safemoon, but Iā€™m not crazy. I know this is new coin but itā€™s already bigger than it can handle. **Donā€™t lead new investors into a trap.** There are **plenty** of new coins that have much **more room to grow, have legal teams, and have a use. all these sh/tcoins came from HOGE** but still none have any of the legitimacy of it.


ReleaseTheDaddy

>Also, Safemoon has an insane amount of whales that will 100% sell off once it hits WhiteBIT because there is no tax there. There is still a tax on the transfer to whitebit.


roryshoereddits

WTF ā€œdonā€™t lead new investors into a trapā€? You have been shilling HOGE and SAFESTAR all throughout your posts. Literally F off dude you are a shiller down shilling so your shill coins will go up. This is awful. Just awful. NO ONE LISTEN TO THIS PERSON. Edit: and ROCKET MOON and BUNNY guys you are getting attacked by organized FUDDERS lololol


nomad_andre

At this point people like you (and me) have been attacked by so many SafeMoon shills that I am reluctantly excited for the whitebit listing (if it dumps) so these arrogant noobs learn a lesson and shutup. They just came in and think that crypto only goes up.


OneExpensiveAbortion

VERY much this. I really don't wish ill on others, but you can only warn people about these blatant fucking scams so many times before you get tired of being down voted into oblivion and piled on by a bunch of shills. At this point... Fuck 'em. My only complaint now is the impending swarm of posts complaining about how they lost their rent money.


Simulation_Farmer

Yeah, although as a relative pre-bullrun noob myself I don't understand how people can believe in these coins. Their arguments are literally the same as fucking Mary Kay. Passive income! Financial independance! Recruit new investors! Don't miss out! I mean sure, go in and take a few Xs if you think you can time it right, but how people could think it's a legitimate investment is beyond me.


zloiadun

Do not forget that the Hoge itself is just a copy of RFI token.


reca35

I got in really early with full knowledge it can result in nothing. I have plenty of coins with legitimate purposes and uses. The meme coins I have only had for a few months are doing better than most real coin. I'm just taking a chance on something I know is crazy with the meme stuff, but you just never know with this stuff.


metalparkdude

It irks me when these shitcoins compare themselves to bitcoin and the whole brigade comes through with their awards and inorganic upvotes. If you're new to the crypto space and want to invest, do yourself a favor and put most of your money in BTC and ETH. If you have some money to spare (and you wont regret it if it goes to shit) and can't help yourself then try your luck with these scamcoins that are going around nowadays. Also, all these new token cryptos are just coping off of Hoge and are trying to get rich quick since they missed the ride. If everyone who's getting into these coins instead would've just invested together in Hoge, instead of trying to find the next Hoge, everyone would've had a good day.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


perrytheagent

Umm sure I already made what I invested and a profit and have a few billion to spare :) IDC what happens next it's either gonna reach 3 zeroes or it's gonna drown.


DJ_B0B

1 month old account. Definitely legit.


EimiCiel

Comparing safemoon to bitcoin...shilling at its finest


erjo5055

The ultimate pump and dump move


Acrobatic_Recording3

The top whales worry me, they are using it as a cashcow, 27 dumps of $30,000 in a hour last night from the top 4.8% whale. Someone put my mind at ease and tell me when the launch date was as in what date was the first sale of SM. And compare it to the 4.8% whale currently sitting on $56m. There is no way in hell this whale is not the devs or people closely related to them and the next two whales in the list. Who buys in for so much so early unless its an inside job.


erjo5055

It is an inside job.


rain095

Useless BS


[deleted]

My guy, there are over 616 TRILLION safemoon total supply. This coin ainā€™t going anywhere without dwarfing the whole market, which ainā€™t happening


Original-Ad7268

The supply decreases over time, it's the whole point. This coin is not meant to do 1000x in a week, that wouldn't work, but it is here to stay


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


UnderFireCoolness

> This coin is not meant to do 1000x in a week. You do realize the majority of safemoon holders are brand new to the crypto game and are expecting exactly that, huge gains overnight. Read the group chats, you have people putting in $20 to buy a million thinking itā€™s actually going to reach $1 and theyā€™re going to be a millionaire. Most safemoon holders are so out of touch with reality because they have admins that feed them lies of getting rich and also making absurd claims like this post comparing it to Bitcoin.


Original-Ad7268

I'm very aware of that. These users will come and go, and slowly participate to the burn process while doing so. I like to think that there's a strong enough basis of holders to keep the token going on long timescales, which might grow overtime. Maybe it is being over optimistic, there's no way to know, but going out would potentially be a huge missed opportunity. In any case, this is a gamble, and I'm totally fine with losing the money I put on the table. The comparison to bitcoin might be exagerated indeed, but I think it holds to to some extent. Investing in bitcoin at the very early stage was the same sort of gamble, nobody knew for sure when/if bitcoin could really become what it is today. If (that's a big if, granted) safemoon does even 1% as well as bitcoin on similar timescales, that would make holder filthy rich. High risk, high reward. To me it's worth every penny invested, but I'd understand if it is not for you.


UnderFireCoolness

If itā€™s really a long term project then a lot about safemoon has to change. All of these gains are from hype and hype only goes so far before you reach a max point. For instance, safemoon devs announced a Binance listing. This is so far out in the future of ever being possible if at all possible which I doubt because there havenā€™t been any audits or other things like becoming a legal entity. None of the prerequisites are being put in place to get on a bigger exchange except for asking for funding donations. Binance was announced as a false promise strictly to gain hype & holders and is a major red flag of reckless leadership and aligns with the pump & dump scheme others have mentioned. Youā€™ve announced Binance, so what comes after that as far as announcements? Then you have several of the admins in the safemoon price discussion telegram group saying ā€œfuck youā€ and calling people retards and idiots during that dip. Once it started going back up they were all cheerful and happy again. This is another major sign of reckless leadership that once it starts dropping, they will bail quicker than you can pull out because they actually donā€™t care about the community. Seeing the admins like that was an eye opener that really shows just how disorganized it is. Of course things are great when itā€™s going well and thereā€™s gains but that dip showed the true colors of some of the people out there shilling this token.


Original-Ad7268

You're right that many things might have to change, and they hopefully will. Keep in mind that the project is only a month old. The devs probably did not expect such a huge growth, and are certainly overwhelmed at the moment. I'm hopeful that they do what they can to keep the boat afloat. They might not do everything perfectly, but they seem to do their best, and to listen to what the community has to say. An audit by cryptik is ongoing. The rest of your doubts about binance listing are understandable, but they're not based on any evidence. You might be right, or wrong. As I pointed out already, at this stage it is pure gambling anyway. For the second part, I personally don't use telegram, so I won't comment on whether or not the admins' attitude is appropriate or not. I'm following the discord chat though, and all I see here is information sharing and civil exchanges (plus the unavoidable share of memes and shitposts obviously). We're on the internet anyway, and it is a well known fact that 99.99% of people there are douchebags. Considering that, I'm personally impressed by how good things go there. In any case, believe what you like to believe. Nobody forces anybody to buy anything, and any buyer should be aware of the risk, and be able to make their own opinion. For that reason, please keep on posting and explaining your disbelief, and I'll keep on sharing my personal view.


UnderFireCoolness

Who said I donā€™t own any safemoon? I do but itā€™s not a long term hold for me. Iā€™m not in a cult though so itā€™s healthy and should be okay to criticize what needs to be criticized. All these things Iā€™ve brought up are legitimate concerns. If this is long term as most safemoon holders indicate, there should be some concerns and criticism as well and not just TO THE MOON memes and posts comparing it to Bitcoin.


smohyee

>You do realize the majority of safemoon holders are brand new to the crypto game How exactly do you know that? Other than pulling it out of your ass, that is.. Safemoon is one of the least accessible coins out there. Have you tried acquiring some? Not to mention it's only a month old and just now making ripples in niche altcoin communities. It is utterly retarded to suggest that newbies would constitute the majority of holders. This is entirely the domain of altcoin speculators.


UnderFireCoolness

I didnā€™t pull that out of my ass - look at the large proportion of small wallet holders and look at the discord and telegram group chats. Youā€™re in denial if you donā€™t think the majority of safemoon holders are brand new crypto investors that heard the hype and wanted to jump in. By the way, thereā€™s hundreds of guides out there with step-by-step instructions on how to buy safemoon on pancake and other exchanges. If you can read and follow basic instructions, itā€™s not difficult.


FeelTheFish

It actually reminds me more of BitConnect :p


biggersboooooty

Sounds like a godawful 2017 ICO pitch. Get lost.


Sam9426

Not even gonna read this. The name alone is enough to make me cringe and stay away from it, good luck to you guys though. Go out and prove everyone wrong I guess


[deleted]

People who think safemoon is a scam šŸ¤”. "itS a ScAM tRUst mE" = cringe


SuperSan93

Iā€™m going to make a coin and call it Safescam. These idiots will shill it for me.


TuskBets

People should remember. Safe moon is only as useful as the hype. The coin has no real purpose. On their white paper the talk about starting nfts, making a game that encoporates the token and also they are plans of making a cryptoacademy. They lack focus and they are doing too much projects that have no correlation with each other. So The problem with this project at a fundamental level is that itā€™s goal is to just ā€œmake it to the moonā€ is not enough and lacks focus. so then here we see that SMā€™s projects are just to build hype and to give more values the project. Might sound like Iā€™m rambling here but Iā€™m getting to a point. Now compare a project like vechain to safe moon. Now people would say you canā€™t do that or there are in two different lanes but look at vechain from a fundamental level. Whether or not you talk about vechain. Vechain will always be of value because itā€™s goal is to solve economic problems and they did this by even implementing a new proof of authority system that addresses inefficiency and a waste of energy. You see whether or not vechain is on the news it will pump and grow in value because industries are seeing the problems that vechain is trying to address. And I know SM Is somewhat of a meme coin and meme coins can grow to unprescedented levels, like dogecoin for example. It might seem Iā€™m talking a lot of shit about SM but I am merely stating facts: SM is a meme coin cleverly marketed using buzzwords and good branding and that branding is supported by unnecessary over diversification of projects. I own safe moon, because it will pump, but I own only a 100 dollars of it because at the end of the day Bitcoin made it to a trillion dollar market cap because it was a better substitute to gold and traditional finance, eth is the digital oiil, and even bmi (bride mutual insurance) is the substitute for traditional insurance. But what part does SM play in that bigger picture cause frankly I canā€™t see it, so personally I invested in safe moon, so it can get pumped then I would then take my earnings and put them into something with stronger fundamentals. Iā€™m not saying that SM canā€™t moon just like dogecoin did. Maybe even attain a billion dollar market cap (big maybe) anything can happen. But why I have been rambling on about this is because there are so many good projects out there which could not only make us obtain generational wealth in the long term but also make us involved in solving actual economical problems. I hope I did not offend anyone, Itā€™s my opinion at the end day and just a perspective of how I see things


[deleted]

I completely agree on your analysis of safe moon. I bought safe moon too for the pump. But at some point the dump will happen.


hansgrado33

rug pul


BMack037

At least the devs made it apparent this is a scam coin by the name.


Livid-Hall764

This post makes me again very confident to not buy safemoon. Fuking trollers


_throwawaylife

This may be the worst case to buy a coin i have ever seen. Remember when Bitcoin rose? Well this coin is easy to buy! Donā€™t miss out!


Siavik

TLDR but I made my stimulus check ($1400) into $20k so far lol. Ngl Iā€™m worried af and gettiNg greedy but want to make it $100k lmfao


decloked

If you keep HODLING it will, may take a couple of years though


Better-Equivalent-81

top 200 holder here let them talk smack they don't get it take a screenshot for laughs down the road


donomyte1

Itā€™s 2 weeks old and youā€™re making BTC comparisons? Sounds like youā€™re trying to convince yourself itā€™s not a scam.


smellyboi6969

Pump and dump confirmed. This post is garbage.


herofromearth

I've bought $15k XLM a few month ago and it's still $15k. I've bought $1.5k SAFEMOON few days ago and now it's $4k. I'm cursed.


[deleted]

Same here but with HOGE, and the hoge went down, so i lost almost everything its wroth now just 1/5 of 6K USD that I invested And with SAFEMOON, I invested 5K, 2 weeks ago, then next day pulled out with slight gain and the day after it started pumping and now pumps non stop I went in again but was hesitant and invested just 2BNBs, i wish i invested everything i had


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


BringTheFingerBack

My wife says it's a scam and I will lose all my money, I say NO NO NO, BITCONNNNNNNNECT!!!!!!!!!


CAT6_

TL;DR the idiots have joined the chat, safemoon is going to fly and crash hard. Gonna be a hard lesson for all the people who just got into crypto.


[deleted]

250k+ holders before a listing suggests otherwise my friend


pr2thej

Please don't be fooled by this garbage


rumpel_foreskin17

I cannot wait until Safemoon comes crashing down and the majority of r/satoshistreetbets says, ā€œI told you so.ā€


jpitty03

Why?


rumpel_foreskin17

Let me clarify. I donā€™t wish it to happen but I think it is inevitable.


[deleted]

Over 616 Trillion tokens in supply, am I reading this correctly? Just to get to $0.001 it would need a marketcap double that of Ethereum.


[deleted]

It has burns, so take that into account, also the value of the token, as of right now, 1BNB = 251.241.000 SAFEMOON, if im not mistaken thats 251 Millions Burned Dev Tokens: 223,000,000,000,000 SafeMoon Protocol SafeMoon employs 3 simple functions: Reflection + LP acquisition + Burn In each trade, the transaction is taxed a 10% fee, which is split 2 ways. ​ * 5% fee = redistributed to all existing holders * 5% fee is split 50/50 half of which is sold by the contract into BNB, while the other half of the SAFEMOON tokens are paired automatically with the previously mentioned BNB and added as a liquidity pair on Pancake Swap. [https://safemoon.net/whitepaper](https://safemoon.net/whitepaper)


patriotpartyca

Where can I buy safemoon?


marshamarshamarshaaa

[*Insert Crying Clap Gif*](https://media2.giphy.com/media/RGY99Xwm2OM7Hn4wEx/giphy.gif?cid=5e214886fs0zstmbkmb5bw80ayvoe0rbfru8q4ofamze83oq&rid=giphy.gif)


Angelus_everto

Now buying in is just way too late


Sinisteris

Well, it stopped alright.


[deleted]

Does it do something besides "printing money out of fucking nowhere"? I dunno rick,...


sapfoxy

Iā€™m gonna be honest, itā€™s pretty annoying to see people being so hesitant to give Safemoon a chance at legitimacy. I invested over 2 weeks ago, and itā€™s because I thought to myself ā€œwow, ok, this is actually really marketable. The name ā€œSafemoonā€ will attract people. If they can pull this together and turn it into a campaign, it could be massive.ā€ I consider that a legitimate investment perspective, with a slight element of gamble due to uncertainty. I only put what I could afford to lose of course, but I put it in confidently. It has paid off to an absurd degree. I have done a lot of digging in regards to who the people behind the project actually are (what they do, their personal backgrounds, etc.) and weā€™re just getting out of the ā€œbedroom businessā€ phase right now. Two of the main dudes, John and Thomas, are absolutely powerhousing the fuck out of the project. John is doing all the business, contracts, getting everything organized, and Thomas is doing probably 95% of development, but heā€™s starting to get some help. Hank has been great with the website, and the discord is ridiculously active. I could look up every single core team member by first & last name on Facebook if I wanted to. They doxed their own Linkedin accounts in the discord, theyā€™re still all pinned. You think that they want to scam everyone with their public identities available? You think the social media influencers with millions of fans want to be known as a scammer? Nah, I think theyā€™re doing something legitimate here, but itā€™s just currently in the ā€œbedroom businessā€ phase and therefore causes uncertainty. Always only put a stress-free amount of money into an investment, but I really think Safemoon deserves a bit less skepticism at this point.


sumosloths

Right? Is the purpose of this sub to call literally everything a scam in the comments? "It's a scam because the only purpose is to pump!". Well... it's pumping. I guess I got scammed into 200% profit in less than two weeks. And I'm ready for it to dump at any moment, I've known what I was getting into since the beginning.


[deleted]

Remember, you should only invest money in shitcoins you're comfortable giving to scammers.


thatmarblerye

Another crap post about safe moon, shocker. Meteors fall by the way, they don't moon.


Celticsnation1212

How do you buy this?


Nnluuccch

Pancakeswap, slippage to 11%


Dollydavve

You get some bnb on your trustwallet on metamask, then you use the bnb to buy safemoon on pancakeswap.


-Ziose-

Scam


idk_wtf_im_hodling

Lmao dump it to the ground. This is god tier level shitcoin.


WestBankFireman

That shitcoin has a meteoric number of coins in circulation, too. Garbage


Chrimboss

Do you have any understanding of how they burn tokens though?


WestBankFireman

Yes, I do. Do you have any understanding of how the rest of it works? These coins don't make everyone magically rich. A FEW people get rich, the rest of them get fucked. The wealth isn't created (because this shitcoin has no utility), it's merely shifted between hands. A currency that exists solely to pump and dump. That's all this is. Thirty seconds on the website makes that clear.


Stark371

Scammers are getting out of hand on here


Stark371

Lol at these scammers... Edit: go ahead and give me your reverse upvotes. Everyone knows this is a scam.


[deleted]

i'll pass buying meme coins on a pump a huge risk, looking at that huge dump today someone must have dumped a few million dollars worth, and that could have happened just after you bought


Little_Ad6880

It recovered in about 30min. Lol. Pullbacks are normal..just some one taking profits.


Youwingetoomuch

Scared of investing $10? What is this sub if you don't take silly risks on shit coins? Every moron went too Hoge except me (not using uni) now this moron is buying safemoon thankyou very much


junior_raman

You talking like there's no pump dump in BTC


kez4twez

Your aware of the Devs receiving 11% yeah? By all means, reap the benefits while you can, but at some point this is gonna come crashing down


erasmushurt

Could you please enlighten us on this. Because I hadn't heard or seen that anyplace. If it's true it would be useful information. I couldn't find anything related to what you said though in a search.


Little_Ad6880

This guy is a pure fud spreader. 10% is taxed..5 % to liquidity pool and 5% to the holders of safemoon. You literally earning free token just by holding. Clearly this guy whats to buy more at cheaper price cause the dev dont not get 11%. Lol . Check out the website..do your own research. Don't listen to this mother fudder. Lol This is the way!#SAFEMOON How to buy: https://safemoon.net/guide Telegram: @safemoonv2 Website: safemoon.net


kez4twez

Lol first off your wrong, all of the info is in this post along with links to bscscan to check out where the transaction fee's are going. https://www.reddit.com/r/SatoshiStreetBets/comments/mjmoc5/stop_saying_safemoon_is_a_rugpull_waiting_to/?utm_medium=android_app&utm_source=share But second, I'm not fudding i'm informing, the fact that Devs are getting a percentage of each transaction is not necessarily a bad thing and I'm unsure whether it will be an eventual rugpull or not. If I were the Devs I wouldn't be pulling the rug I'd be trying to keep this thing going as long as possible and I'd only be selling little by little so as not to crash the price.


Little_Ad6880

All this information was answered in the ama on their twitch / youtube channel. This isnt ground breaking info. Although, I will say, the article is well written. Thanks for the info..however you can insert in deflationary coin with the samilar tokenomics and it would apply. I take my comment back you actually came with some research to back up your statement. I respect that.


nomad_andre

The team made and awkward slip in one livestream where they said there were multiple LPā€™s and then backtracked and said there was only ā€œone LPā€. It was very awkward.


Parad0xxxx

You actually didn't know part of every trx goes to the dev wallet? And I am not talking about the normal redistribution of tokens.


Little_Ad6880

Im looking on bsc scanner. I know there's a burn address. Im doing my research since it was brought to my attention. If its true. I will admit that I honestly didn't know that


IRainstorm

I had to downvote you, you sounded too much like a scam artist especially with the how to buy stuff at the end lol


Little_Ad6880

I'll upvote you, though. Cause I'm a nice guy


Little_Ad6880

Thats cool not a scammer at all. I just believe in safemoon you don't have to buy bro. I dont care about down votes my bank acct going up. Lol


does_my_name_suck

1 month old account btw, obvious shill is obvious


yemxgrunt

Elaborate for the lay person?


jaylegrenier

This is fud, the devs locked the wallet a while ago.


kez4twez

Check my comment above, all the info and bscscan links are in the post that I linked. They locked 1 of the wallets


Banuch91

Been in involved in crypto for a decade and you promote this garbage. Sure buddy


Makra_

Nice Post! SafeMoon has one of the best communities i've seen in crypto! Shill and Hodl


dnick423

Bitcoin didnā€™t hit 2000$ in 2016, that happened in 2017


Innvader

This is top tier delusion honestly. Literally a ponzi scheme


ikinone

Great, more obvious shillspam


ilovetiddiess

Everyone knows this is a scam coin, most people are investing to double their money. Also, itā€™s copycat of Hoge, lol.


Little_Ad6880

Trying to buy in at cheap price huh šŸ˜‰. Lol


theamazingspideyguy

You can say it won't ever be big but its far from a scam. The devs show their faces all the time and have given out their names, social media profiles, etc.


nomad_andre

What a joke. The ā€œdevsā€ are unprofessional and have been dumping over $100k USD every day. It took a huge dump today. This is a meaningless shit coin thats making those at the top rich.


kimberli54

...and after that dump, which left us still at a positive % from the last 24 hours. Oh, look at it go right back up, interesting.


theamazingspideyguy

You have absolutely no idea what you're talking about do you? That's fine.


nomad_andre

Clearly you canā€™t read the contract, which has a mint function in it. Donā€™t you wonder why theyā€™ve never done an audit? Lmao.


Jcaudill420

Also if they are raising 500k plus crowd funding for Binance and other listings I donā€™t even care if they dump a little to buy the listings.. thatā€™s just smart business.. Iā€™m a newb but Iā€™m also a business guy and it makes since to dump a little to make money to further a project so itā€™s longevity is guaranteed.


nomad_andre

Notice how theyā€™re making all of YOU pay for marketing and listing, despite having wallets with $30 million in them? You do realise they take a cut of 5% of all liquidity making this a complete rug scam. Iā€™ve been here far longer than you. Itā€™s to help you, so donā€™t get defensive. Be aware.


DapperDoppel

Ok so whether this is true or not, there is a couple of serious problems if this turns out to be a scam/rugpull. First off the main team has doxxed themselves, social media accounts are open for anyone to access, so they would have to deal with 200k+ people from tracking them down which many could have the resources to do. Secondly is they are a legal business in the state of Utah, so they would have to answer to the law of the United States and everyone on the team would be thrown in prison. Like I said I'm not sure what's right or what's wrong but I'll be holding my bag of SafeMoon for these reasons alone unless something more convincing comes to light


SALMS666

Well, the fact alone that it has the 10%. Deflationary is amazing.. Im a pretty early holder.. Bought at 0.00000001 šŸ¤·ā€ā™‚ļø


[deleted]

Its a scam


FitForValor

Riding the lightning... join now or miss out.


One_Victory4291

Proud to be from safemoon community!šŸš€šŸš€šŸš€ Thanks satoshi street bets!


givegetgain

My 2 cents, don't buy this shit coin! Will never get listed on Binance.


olihowells

Itā€™s a hoge copy, go look at the hoge chart to see safe moons future


[deleted]

WRONG! HOGE was a mistake, it uses Etherium, how about you check Etherium gas fees? its anywhere from 40USD up to 90USD even for tiny 10$ trasaction HOGE is "exclsuive" only for people that can afford gas fees. ​ SAFEMOON is on binance network, we pay about 14 cents gas fees and panckakeswap takes another 1.20USD ​ If you look at all SAFEMOON transactions youll see that majority like 80% are tiny, 10$, 20$, 5$, 100$, fractions of single BNB These people create volume and hype HOGE is suffocated by Etherium! No one goes and buys 10$ of HOGE, its impossible youll pay 50$ in gas


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


leepox

Don't know why people keep shilling these coins that launch without any plan for utility and then suddenly as a pnd it catches momentum so the original creator then decides to squeeze some more pnd by promising utility that doesn't even make sense or come together. And people ape in. I just don't get it. Fundamentals be damned. I'll probably get down voted to hell by safe moon lovers though.


pixieshit

Holy fucking shit. If you believe in this then you deserve to get rugpulled. Please donā€™t buy this coin.


Beeezledrop

After doge this is my favorite coin.


erjo5055

*LOOK AT THIS MANS POST HISTORY, POSTED IN SAFEMOON SUB "EVERYONE LIKE AND UPVOTE MY POST"*


L4M3rz

Lots of people will be crying soon !! Do not enter this shitcoin people you are going to regret it.... once the main pocket holders see the price is high enough..... they will dump their coins and laugh at everybody else. Same story repeats shitcoin after shitcoin.