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I already sold off all of my other stocks to buy into another one a few months back. I don't regret that decision either. The funding from this one is coming out of my paycheck twice a month. And whatever I can dig out from the couch cushions. XD
Right? That was my one concern yesterday. And I don't have it today. Every spare cent I have is going into this company now.
Hopefully this one in particular answers the question about whether or not we are going to hit 10 cents. The burn limit changed from 100T to 100M.
Current Market Cap = 4,268,624,608
divided by
Current supply = 585,901,094,980,094.9
equals
Current PPS of 0.00000728557.
But... lets go ahead and change that current supply to the new burn limit of 100M.
$4,268,624,608 divided by 100,000,000 = $42.68624608
Bear in mind that this is a hypothetical endgame. There's no guarantee this will happen. There are still a lot of variables. It's based on the current numbers of course. And obviously those of us that have billions of tokens would have to sell first. It would take a while to get to these numbers. There are people that will never sell. But... that should give you an idea of the general direction that it COULD go. Buy or sell at your own risk.
LOL... hopefully it will be made easier otherwise it's going to take forever to get to our targets!
I think it will be easier once the exchange opens up. They'd have to be blind, deaf, and dumb to not see all of the posts about how difficult it is to buy SafeMoon for a lot of people. Not just the posts on here... but on ST, Twitter, Reddit, etc. Plus when you're selling a product, you don't want to make it difficult for people to buy said product. Especially when you're claiming to be by and for the people.
Ouch. That hurts. Cuts your potential amount of tokens in half.
We're not close enough to .10 for me to be able to make that decision for myself, lol. It's going to depend on how I feel about any perceived potential at that time as well as how long it takes to get there. As far as that latter part is concerned, we don't know.
- It depends on how long it takes to burn X amount of tokens.
- It depends on how much revenue the exchange pulls in.
- It depends on the crypto-games and their profitability.
- It depends on whatever the heck Operation Pheonix is and what it's supposed to do.
- It depends on how many exchanges we will be listed on and the availability of those exchanges worldwide.
- It depends on all the other unannounced projects that we're not even aware of yet.
- Above all else, it depends on investor confidence.
It could be at .10 tomorrow if people were willing to spend that much. It could take ten years. We just don't have enough data at this point to give any answer with any degree of confidence.
Does that mean you finally got your tokens?
The fact that youre having this much trouble and are still trying is incredible. Much respect.
The first time takes the longest with all the set up stuff. Are you on the kucoin part?
Not to mention it should be so much easier to buy... straight from the source.
I think... well... actually I hope since there's no direct empirical evidence yet... that once we have our own exchange... we're really gonna take off.
1) Based on the pictures... our exchange will be similar to binance... i mean... its an exchange so obviously other cryptos are involved... if you can buy and exchange... there are bound to be transaction fees... so SM will have an actual revenue stream. Unlike a lot of cryptos out there. Look how much the BNB coin is at. $660 a coin? For most of us... we only need to hit copper. Imagine hitting $1. Granted they only have like 150 million coins. But with their market cap... if they had 100 trillion coins... their coin would still be worth .001 cents. For us thats a worse case scenario in a couple years.
2) Look how high we've risen in almost three months. And we're still being added to more exchanges and more countries. 1.5 million holders... out of 7 billion people.
3) Look how much we've burned so far.
4) Even if the burn stops because we either a) hit the burn limit or b) people stop selling, the price will still go up because of the revs coming in from the exchange... video games... people wanting to buy in (supply and demand).
That exchange is a major catalyst. 4-5 months away. Hopefully sooner. But once its out... this coin will be fire.
I concur. I also think that once SM has their own exchange, other exchanges will have to fall in line. Theyre going to be losing a lot of business once we have our own, easier way to buy.
Prices are different on multiple exchanges. PancakeSwap is cheapest. Trust Wallet shows an average, etc. I dont know how it works. My best guess is the exchange making their profit on top of transaction fees. Why are bananas 99 cents at one store and $1.29 at another?
Ive got all day. I'll take a nap while I'm waiting.
Unlimited powaaaaah!
I think they'd get screwed anyway. Buy back being officially announced soon. The new rules. Theyre gonna get caught with their hand in the cookie jar.
In other words you feel that the MMs are manipulating that coin to raise funds to cover their shorting on other stocks so this week if the rules pass they don't lose billions of dollars?
The coin youre mentioning doesn't have fundamentals.
Nah, I find it humorous more than anything. Plus it doesn't really have anything to support its pps anyway.
CNN says it tanked 24% after EM made fun of it on SNL.
Good advice about Reddit.
And I hear you. If getting current was the only catalyst for a PPS to soar, no one would fail to file a Q or K on time. For us, current is only the key to a door that has so many other catalysts crammed in behind it. Its the Golden Ticket that lets us into the Chocolate Factory.
Not longer... poor wording. It takes a couple more steps.
Lol, it would be nice. I'd just be happy with $1 within a year.
$1,834 per share?
Im actually doing my DD on him right now and I have to say... i like what im seeing. If he does, what he says he wants to do, it makes me even more optimistic about the future of the entire exchange, including PHIL. He seems like hes going to enforce things. Or try to. Mostly as a message to the MMs not to eff with him. When they inevitably find loopholes, I have a feeling he's going to shut them down. Basically... doing everything that the SEC was SUPPOSED to be doing this entire time.
Thank you for bringing all of this to light. Much appreciated.
It feels like we finally have someone leading the SEC that's actually a working class investor instead of a corporate one. Almost like he got screwed once or twice and wants to make sure it doesn't happen again. To anyone.
How do you think his rules will affect crypto? Obviously it will create regulations for them. Listings and what not. It will probably affect the creation and operating of exchanges. I know we don't have much on Gildex at this point but all of us know that Henry wants to get in on that game.
Please do! This method is longer. Maybe more transaction fees. But those are a drop in the bucket when this thing takes off! And it's hopefully only a temporary inconvenience until SM Exchange is operational.
Beautifully* even. Stupid cell phone.
I agree. Beautiful written!
Not sure the Hero of the People, Gensler, would be amused. Just want to make sure he catches that MM signal. ;)
I agree. Theres a big present under the tree this year and its from Uncle Henry. And I can hear it neighing...
Can I create a user named Sid Adelle and just bash the heck out of the proposed new rules?
I'm feeling... HOPING... that it will be bigger... I think there is sufficient evidence at this point through all the DD on this board (and off-board) to suggest that there are way more projects than we are "officially" aware of.
I'm ok with a $1 a year from now. We'll have a more realistic outlook once we see the last report that needs to be filed.
I like that site that someone posted yesterday or earlier today that showed the current coin count and the lambo estimator.
safemoonsupply.com