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Why TF does it matter? He wants to buy so he is. Plus, 88 has offered ample, and simple, explanation. None of anyone's business why he buys.
Is no one is allowed to diversify their interests or involvements? BTW...The CCT Facebook page has over 27K likes.
"Just because" never equals "Is Fact".
Need facts.
Ugly report on Robinhood. Stock value worth less than its cash. Ouch.
https://www.bloomberg.com/news/articles/2022-06-15/robinhood-s-stock-is-now-worth-less-than-its-cash-on-hand
Care to provide any online claims by seed investors, or others, that this is a scam? I've been searching since your post to see if I can find any. Performing the DD. We need to know the truth and I'm pretty sure that by now we all want the truth. I can't find anything representing that this is a scam. If there was anything, it wouldn't have taken long to find it.
Back it up or don't post it. Vendettas don't serve any of us.
A pure sign that things are totally upside down is when the value of my BEACH holdings are = to FEG.
FEG outpaced BEACH nearly 20 - 1 not too long ago. Now, the FEG thieves and the markets have taken their toll. BEACH is still doing some good work but I think they would be wise to cross market with some other projects and not run solo.
It is what it is. It sucks. Saying it multiple times per day won't ever change it. But, perhaps, it gives you some comfort.
We move, adapt, pivot and look for new plays. FEG can still rise from the ashes of their own burnt down house. It is worth the watch bc many of us still have a ton of tokens.
What up WillyMon!
Great post.
The "new users and new wallets" statement...it got me thinking.
Humanity has become so keen on disposable everything. The attention span for most is near zero. Throw some money around here or there in crypto, it's just a scratch off ticket or Lottery Ball game for possibly millions of people.
How many Wallets will become abandoned because people just lose interest, or they chased a coin/token near the peak and it will NEVER, EVER recover? They played the game. They lost. On to the next game of chance. "Where's my wallet?" Who knows? Don't care.
There will be a crap ton of dead money, coins, tokens, NFTs just laying around for eternity.
The sad thing...this economy collapse is ALL MANUFACTURED.
Treasonous, in my opinion.
I may start DCA buying AVAX every 2 weeks. Just accumulate it over time.
Now the wait is on for FEG to get it's S**T together. Such a shame. I did take some early profits on it but I once had a nice 5 figure holding and it has evaporated to ZILCH.
BEACH and SVT might as well hold a funeral for them.
Absolutely X. Also 100% agree on the confidence and money flow problems that it would exacerbate.
It was on the FOOK TG:
https://t.me/FOOKToken/12014
I read on a TG post that "some" Smart Defi tokens are asking FEG to reopen trading for them.
FEG states that they do not yet have a fix for the...ahem...exploit. I don't see how in the world that FEG can allow tokens to trade on FegEx if there is no fix and the liquidity has been...ahem...pilfered.
This all makes no sense. I read a lot of talk but do not read any answers. I have a good chunk of change (now near worthless) in the handful or so of SD tokens that I own. But I sure am NOT about to want to trade them on an exchange that is, as of now, still unsafe.
One of my personal mottos is "There is always time to do things right ONE TIME". I implore the FEG team to test, retest and test again the fixes that they are working to implement. Test it until it is foolproof. Then, audit it to death and have a second set of probing eyes audit it.
It is critical to whatever arises from the FEG debacle to be bulletproof and user friendly. It is critical that people can have the ability to recoup massive losses. It is essential that the legit SD developers have a clear and unobstructed path to proceed with their projects.
Acquiescing to a certain group to re-allow trading on a known, suspect platform is reckless. It must not happen.
Because the final episode of this comical farce of layered narcissism is just around the corner, then it (they, everyone) can be turned off.
And like I said, no one is obliged to answer anyone's questions.
Just bc a topic is raised doesn't provide it legitimacy.
Exactly.
Dang, it sure seems like it's a chase and endless search for the pot of gold at the end of the rainbow.
Move to this, move to that, check out this...no...wait...that one is screwed, and so are these and those...DAMMIT...let's turn over this stone. Whoa!!! Whale sighting over there, let's run!!!
This is a nightmare. I think the flippers may just be right; take the 3 - 5 % and get out and move on. The life changing home runs may be extinct.
SHIB and DOGE may have been manufactured to fleece money from the masses, and at what an opportune time with a manufactured event keeping most of the populace at home.
No one is obliged to answer anyone else's questions.
That "connect wallet to vote" requirement is total BS. TOTAL. Iam with you Lakers.
Yeah I know...these sites want to verify if a person is legit and has tokens.
Well....VERIFY THE F-ING PEOPLE WHO ARE WRITING THE CODE ON THIS WONDERPUS NEW PRODUCT AND THOSE TAKING LOANS OUT AGAINST SAID PRODUCT THAT MAY OR MAY NOT HAVE LIQUIDITY TO BACK THE LOAN!!!
So...FEG gets "exploited" and THEN wants peeps to connect their wallet to a voting site for legitimacy?
Have people just lost their minds? The look is bad. The arrogance is far, far worse.
Thanks X...pretty sure this LUNC boat has already sailed on me.
One way or the other, we will all find out soon enough.
Agree with most of that, Meitze. But...there's a lot of ways to get one's hands on 40K without selling shares when/if/perhaps those shares will be worth (allegedly) multiples of that in a few months.
As I think about it, I would rather see shares sold here, at these prices, than if it gets on a run and it gives the appearance of "get out while the getting is good".
Just to be clear, that is 332 thousand, eight hundred and seventy. Not the decimal number of 332.870.
All in all...when one of the principals divests themselves of that many shares a few months prior to things allegedly changing for the WAY, WAY BETTER, that is a very negative sign. No two ways around that look.
Perhaps there is an explanation....???
Would live to hear it.
Ted be selling: https://newsfilter.io/a/11efa67c74f3a0fe21aadffb413ac929
Lotta shares, not much money in the grand scheme.
Thank you for this communication.
My prayers and best wishes for the SINU team and the SD community as the navigation out of this disaster unfolds.
My lone request is that there is, at minimum, monthly communication about the state of affairs. That will provide credibility to those in charge of the project(s) and provide the investors with the knowledge that we at least have something, even if on life support.
YES! THIS!!
100 % agree. Wait it out for what? For FEG to make no decisions and take a "vote"? Time to make hay. Screw what FEG may or may not do. One of these SD tokens needs to do the leading, the rest can follow.
Take a break y'all. It is Memorial Day Weekend. This will eventually take care of itself. Let's just be thankful for a while, at least a day or two.
Agree with this, too. I want good people to succeed and evil people to BURN.
Agree with this stance. Thanks, X. You too, Lakers.
Giving up...perhaps. I just need to recoup losses, losses that were contrived by evil people (or a person). I cannot leave my funds in the hands of unknown people that hide behind community votes and don't have a clue that outside audits are critical to the success and sustainability of a project (the FEG idiots).
I'll leave a bit to run (FOOK, maybe) hoping for a home run. But I can't even sell my Itty bitty stash of ROX on pancake bc of liquidity issues. After 2 weeks of this horseshit, that is unacceptable and I am stuck. So are others. And "THEY" don't care.
Spin Doctors...Nice
This all feels like total bullshit, from FEG to LUNA to SD, etc... Reel people in, pump it up, take their time to lay all the bait, buy belief in the system along with PEOPLE'S HARD EARNED MONEY over an extended time and then...BAM. IT'S GONE.
If I can recoup even 25% of my altcoin and SD investment, I will sell and be the F**K out of all of this. My finances aren't even close to ruined but this has affected a LOT of people in a bad, bad way. Whomever is part of this crap needs to burn in hell for 3 eternities and longer.
Appears the summer doldrums are already upon us in Cryptoville.
This is "Ground Hog Day" in here. Nothing changes with Xeriant. Add peeps to BoA, announce JVs that have yet to earn a dime, boast on social media all the things they do that have yet to earn a dime, keep getting further in debt, keep digging a hole for the retail investor, keep pushing the goal line farther away...
I'll keep holding...just because the slimming chance remains.
The consulting fee on top of the salary is a giant crock of BS. That's a bad look.
I'd be willing to stake all my shares in XERI that some of these are the same person.
XERI sure puts out some slick social media stuff about "they're collaborating with..." or "work to improve the safety of..." and "building cost effective and sustainable solutions...."
It would sure be nice if XERI could show some progress in MAKING SOME DAMN MONEY with the same fervor as they toot their own horn about things that stretch the limits of believability and proof.
That is a GREAT TAKE, GIGACHAD.
As a worldwide society, the unwillingness to destroy the destroyers has become a massive problem. Society must not tolerate those that destroy what is good.
There is a Yellowstone episode titled "Meaner Than Evil". That is where good has to go in order to eradicate evil.
The developers see only the beautiful garden that they are developing.
The hackers see the dirt, insects, fence, pesticides, fungicides and all other barriers and are constantly looking for the way in.
Same here on the loss side but haven't bought any additional.
Me too 88
The part that amazes me is that this exploit was not that intricate when compared to malware, code infiltration or exfiltration or even a pure, old fashioned hack.
Some reverse engineering and risk assessment of this process would, most likely, have revealed this vulnerability.
Now, the horse is out of the barn. The only "we should have" thought processes need to be directed at the solution.
This also opens the door wide frikkin open for regulation and oversight by the government(s). I fear that these projects, and exchanges, become just another tradeable commodity and the beauty and freedoms we longed for with DEX will now be in the control of those who have always controlled (and eat the first and best piece of every pie placed in front of them, leaving crumbs for the rest).
This CAN be done right. I don't think it now gets done with the original dream and intent.
That's sad. We'll see.