InvestorsHub Logo

xZx

Followers 1270
Posts 80968
Boards Moderated 4
Alias Born 02/17/2005

xZx

Re: Norgy post# 2338

Monday, 05/30/2022 7:40:30 PM

Monday, May 30, 2022 7:40:30 PM

Post# of 7761
i do think there's hope for BurnIt and probably several others. my rugpull comment had to do with SD itself. the fact that they were hacked is a form of rugpull.

we were all drawn to SD because it was a rising baseline value, supposedly safe, the whole idea was "antirugpull" then the exploit happens.

and after the fact i'm wondering why wasn't the contract audited? sure, it's water under the bridge, but i have to think spending money on audits would be more important than some sponsored ads for SD in yahoo finance, etc.

and let's be clear, none of this relates to BurnIt or any other SD project. these teams were merely using SD code to launch.

and they can relauch on pancakeswap, other DEXs. many will do that imo. some may also return to fegex or whatever it may be called, if that can happen down the road.

but you can see why this is frustrating, right? i mean, we're all just trying to find a way of controlling the chaos in these markets. maybe one day we can, but the search is exhausting.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.