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Topic: Honestly do we really got rugpulled in pandemic? (Read 415 times)

hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
November 19, 2023, 09:19:54 AM
#51
That season has given us the wild ride, both positive and negative and that has given the best and worst on this market and also from the world. The best is like when the exposé of those real scammers in the community that has taken sums of money from the innocent users and swindled everyone, like was successfully made us a fool that they're the angels of the market. But lo and behold, they're the real devils that have planned it all along. And going with the real world incidents, it's like an actual reset for the majority but what I don't like from this scene is that the rich became richer.   Undecided
That was really a terrible one. A lot of of new projects were hyped that time that made us really excited to invest on the high potential ones but only to find out that those development teams suddenly shut down those projects and disappear in the market. Lucky are those who were never tempted to risk their money but a lot of those who have lost their money in an instant.

This incident had made me realized that no matter how you do research on the project, that is still not enough guarantee that we will never get scammed. Scammers have become smarter and they really make sure to attract the people first until they take advantage of the investors money and left the market  taking the investors assets.

Also during the pandemic, all the people around the world when COVID-19 started were all really staying at home and were not allowed to go out, and all the establishments were also closed, so the only opportunity for people would be online while they were at home. They were participating to get profit here in the cryptocurrency business.

But sadly to say, there are also many crypto project scams that have come out, which some people thought were legitimate and would take time, so most of the projects only lasted for weeks.

We stay at home because we don't have a choice but to do it. This is government order that's why we need to follow even if we don't like what we see about their implementations or disagree on the news they released. Although its really shady to see how the count bloated up since its just they are installing some fear to people so that they can crumpled some countries economy. That's why its really great to have cryptocurrency and we are earning from it since we don't have any problem at that time since we are continuously earning.

Also there are so many people trying their luck to earn at that time that's why many scammers enter the scene and target those newbies who's trying to earn from crypto then offering some good profit if they trust there money to their programs presented.
full member
Activity: 1554
Merit: 115
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC


... new projects were hyped ...teams suddenly shut down those projects and disappear in the market. ...
To think that we have to go through all these messy scams in life, just for happy ending, idk, may be it is what we deserve, btw I'm outta here! ciao.

... to get out of such a difficult condition, it is important for us to be able to realize ...
Luckily the thing we face today is a lot very similar to many thing in the past, I'm not saying the 9-11 is a great precedent, but we can see the same 9-11 coming and we can prepare for it quickly. Mistake is the answer.

...Instead of avoiding it, it is better to face it,...
Face it? I'm not changing my avatar btw, I would keep my quote for as long as possible, also I'm not asking you to seek advice from anyone like me. Smiley

... always move forward, ...we want to achieve in life...
lmao, like we even have a chance, when our entire life is under the house rules. So who and what is the house? Is it the US govt is the houses? Smiley

... altcoin like celcius and so on are getting into bankruptcy, ...
Really? I don't even know this companies is up to something extremely shady!

... masks, lockdowns, and getting vaccinated. We're being manipulated... instant wealth...
And a lot of people, notably the one who work hard for money is unable to grasp the scams! They got totally hooked by the greed, don't get me wrong, that feeling of having on the pit of the pinnacle in your life is totally irresistable, who doesn't want to be in that comfort zone?

Quote
...The rich get richer through shady means, and the poor get poorer... to get away with questionable actions...
Rich people playing god in life, poor people playing along? And poor people back-stabbing another poor people because they wanna save their jobs! Is it not shady enough?
copper member
Activity: 1988
Merit: 905
Part of AOBT - English Translator to Indonesia
I would say yes we got rug pulled in pandemic in the real world or the crypto world in the real world there is so many businesses are closing anything is get disrupted there is huge demand and low supply in some goods and stuff and creating expensive price government print more money to be use as stimulus but ending up make the inflation get worse.

in crypto the second wave of covid in 2022 to be exact the bear market has officialy come an reallly there is bunch of project got rug pull as well
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
That season has given us the wild ride, both positive and negative and that has given the best and worst on this market and also from the world. The best is like when the exposé of those real scammers in the community that has taken sums of money from the innocent users and swindled everyone, like was successfully made us a fool that they're the angels of the market. But lo and behold, they're the real devils that have planned it all along. And going with the real world incidents, it's like an actual reset for the majority but what I don't like from this scene is that the rich became richer.   Undecided
That was really a terrible one. A lot of of new projects were hyped that time that made us really excited to invest on the high potential ones but only to find out that those development teams suddenly shut down those projects and disappear in the market. Lucky are those who were never tempted to risk their money but a lot of those who have lost their money in an instant.

This incident had made me realized that no matter how you do research on the project, that is still not enough guarantee that we will never get scammed. Scammers have become smarter and they really make sure to attract the people first until they take advantage of the investors money and left the market  taking the investors assets.

Also during the pandemic, all the people around the world when COVID-19 started were all really staying at home and were not allowed to go out, and all the establishments were also closed, so the only opportunity for people would be online while they were at home. They were participating to get profit here in the cryptocurrency business.

But sadly to say, there are also many crypto project scams that have come out, which some people thought were legitimate and would take time, so most of the projects only lasted for weeks.

That is actually true, due to the pandemic many people were forced to work online, so they have the time to explore the internet and then some find out crypto industry and learn about it. Back then P2P earning games were popular, and many investors invested in them cause they gave a lot of people a profit, you could literally see it on the news that they had bought a house by just playing. I think that's one of the reasons why some of the scammers literally step up on their game, cause there's a lot of hype and popularity in the crypto such as NFT so they would do a lot of things just to scam people. But despite those issues, we can't deny that those years were actually profitable years (based on my experience) cause there were a lot of options to earn back then not only by trading and investing. Still, we know that it won't last due to scammers so it won't be a long term.
sr. member
Activity: 1316
Merit: 268
★Bitvest.io★ Play Plinko or Invest!
That season has given us the wild ride, both positive and negative and that has given the best and worst on this market and also from the world. The best is like when the exposé of those real scammers in the community that has taken sums of money from the innocent users and swindled everyone, like was successfully made us a fool that they're the angels of the market. But lo and behold, they're the real devils that have planned it all along. And going with the real world incidents, it's like an actual reset for the majority but what I don't like from this scene is that the rich became richer.   Undecided
That was really a terrible one. A lot of of new projects were hyped that time that made us really excited to invest on the high potential ones but only to find out that those development teams suddenly shut down those projects and disappear in the market. Lucky are those who were never tempted to risk their money but a lot of those who have lost their money in an instant.

This incident had made me realized that no matter how you do research on the project, that is still not enough guarantee that we will never get scammed. Scammers have become smarter and they really make sure to attract the people first until they take advantage of the investors money and left the market  taking the investors assets.

Also during the pandemic, all the people around the world when COVID-19 started were all really staying at home and were not allowed to go out, and all the establishments were also closed, so the only opportunity for people would be online while they were at home. They were participating to get profit here in the cryptocurrency business.

But sadly to say, there are also many crypto project scams that have come out, which some people thought were legitimate and would take time, so most of the projects only lasted for weeks.
hero member
Activity: 2968
Merit: 913
What do you mean by "we"? The people in India suffered from the pandemic in a different way compared to the people in USA.
The old people suffered during the pandemic in a different way, in comparison to the young people. There's no "we", if you ask me.
Some people got paid stimulus checks for nothing and they enjoyed a big "vacation" during the lockdowns, while others had to survive without government aid and without a substantial income. Who got "rugpulled"? The first group or the second group? The answer is pretty obvious, but do you think that the governments had any choice. Without the lockdowns, the healthcare systems would've probably collapsed, causing the death rate to reach unprecedented levels.
Searching for conspiracy theories about "rugpulls" planned by the global rich and powerful elites is a completely different subject.
 
full member
Activity: 1554
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0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
... conveying ... rugpulled... invest in something or ...real life business instead of trading,  ...
Rugpull, it is some urbanize joke or some sort, obviously there is countless pump and dump across many shitcoins every single day constantly, which is harmless in nature, but it is unprecedented one of them pump and dump successful at rug and pull a group of middle class into losing life saving. It would be my very own version of rugpull if I was to define it in plaintext, I can see some coin are definitely rugpull, not all of them, it is easy to see btw.


...getting out safely and unscathed. Just getting out of this situation seems very difficult... economy and trade will ever stabilize again...
It seem the mess is purposely targeting mainly middle classes, it is again and again they are the one who always get screwed over and over again, but it is intriguing how is nobody notice the disaster they get themselves into...

... overusing that stupid non-word ... teenager or 20-something-year-old...

But there seem to be no better suggestion, it is a brand new words I have no idea the origin, it might be a mis-translation derive from some other language who know lmao! I think the origin might be Japanese word?

... governments would side with the companies and make them richer ...
Lmao, govt side with the business and companies that make them rich? I suggest otherwise, govt is eagerly trying to kill business, not side with them, govt can gain benefit and get richer after they extract wealth from the business owner, killing them by the process, it is clear how today many business are dead, got killed and wasted in GTA style.


...who had been robbed into those pandemic...
So it was nothing more than a urban legend? I can't be sure nobody is getting poorer by now, nobody is jobless by now, no shop is closing down, I means there is nothing the nothing-burger.

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...to think ...to have that kind of popular control and having those monopolized ...
Is it there is control freaks around us? And the control freak are invisible? the control freak are hiding and their names not exposed? That sound like some espionage grade debunking lmao!

Quote
...make out those kind of conclusions not unless if there's a solid proof...
Ok, have a proof... May be you want a proof to convince someone who is very logical, someone who have much higher logical power, someone who have 100 IQ! Btw there is no proof to anything, there isn't anything like proof of work either, so it is too bad, you would not get what you are after in life.


Quote
... is why it would be always best that you should be having that savings ...
Well, you are suggesting having saving, obviously everyone have their life saving in the form of paper cash, but too bad, it seem reality is very ironic. A lot taxpayer and heavy savers ended up paying the price of the crisis, but how? Cringeworthy.
full member
Activity: 770
Merit: 106
During the pandemic, it was actually a time when it was not easy to survive and make a profit, so in my opinion, it became an opportunity for the scammers to cheat a lot of people who were relaying profits online. They took advantage of the opportunity during the pandemic season.

Even in the crypto industry during this period, many projects came out that some thought were good opportunities, but most of the things that happened were purely rug pull, especially those that came out during this period in the trend of NFT and P2P games.
legendary
Activity: 2954
Merit: 1159
That season has given us the wild ride, both positive and negative and that has given the best and worst on this market and also from the world. The best is like when the exposé of those real scammers in the community that has taken sums of money from the innocent users and swindled everyone, like was successfully made us a fool that they're the angels of the market. But lo and behold, they're the real devils that have planned it all along. And going with the real world incidents, it's like an actual reset for the majority but what I don't like from this scene is that the rich became richer.   Undecided
That was really a terrible one. A lot of of new projects were hyped that time that made us really excited to invest on the high potential ones but only to find out that those development teams suddenly shut down those projects and disappear in the market. Lucky are those who were never tempted to risk their money but a lot of those who have lost their money in an instant.

This incident had made me realized that no matter how you do research on the project, that is still not enough guarantee that we will never get scammed. Scammers have become smarter and they really make sure to attract the people first until they take advantage of the investors money and left the market  taking the investors assets.
it was also mainly because in the pandemic the market was getting all bearish, even the supposed to be giant of altcoin like celcius and so on are getting into bankruptcy, can't expect the lesser coin to perform better and not having that slight interest in rugpulling the masses.
that was really horrible experiences for those that are just delving into investment in cryptocurrencies and already facing such horrible condition, but it could be a good experience to learn that even the altcoin with hundred millions market capitalization are not really immune towards bearish and could also just gone like some shitcoins out there. should also teach to many people how essential it is to diversify portfolio to mitigate risk of losing all the investment altogether.


We got a sharp dip in bitcoins and altcoins during the start of the pandemic but that was also the trigger for the last bull run where the price of bitcoin rose from 3800$ to 68,000$.  Those who sold early during the pandemic would be regretting themselves.

Any major bad event will cause a sharp decline in the financial markets but usually, the bitcoin market recovers very quickly as compared to the stocks or forex market. You can see that currently; the world is in crisis due to Gaza War and the Ukraine / Russia war but we have seen around 10,000$ surge in bitcoin prices within a period of only one month.
member
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We are going to be plagued by a pandemic for several reasons. With a virus called Covid-19, a dire financial turn is in question. As a result of this epidemic, the business sector, labor expansion, financial capacity and education are in crisis. It has created an economic depression in the global market and has taken the form of an epidemic in the society. Changes in business resources and closures are causing changes in the employment of workers and increasing unemployment. Economic depression is a complex problem that can affect the economy constitution and financial process and it can lead to various military, social and political problems. Coping with the Pandemic Crisis Basically, the actions of the World Bank, International Monetary Fund and other financial institutions have advised and helped in the economic and social reparations and the pandemic and are also supporting the social and financial aspects of the students.
full member
Activity: 1554
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0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
...consequences of the pandemic, ...global economy is still suffering from the consequences of the pandemic, the impact of which could extend for an additional three years...
Idk how is someone very influential could precisely estimate the duration of certain period of a cycle, three years... Obviously the person must have possess a crystal ball, and having some outworldly special ability to make them predict future to as far as three years, not even a known person could precisely predict something as short term as lottery grand prize number combination.


FTX crash is in 2022...
...Yup, you certainly have made some sense, there is mini crash in btc price in 2021, where the price retreat a staggering number to sub 30k! But it eventually recover to ATH again a short while later to finally ended up to what we have seem many bubbles happening in the space in 2022, btw the whole picture is still very much full of smoke, we are all totally dumbfound, it is totally not easy to describe the incident in plaintext!


...I believe that since three years ago, the world has felt worse ...
Honestly having the feeling worse is very subjective, it can't be logically make into a metric to gauge any globally occurance. So everybody is feeling worse because... they just feel so! Also every family member does have the same feeling! Smiley


...were rug pulled back then in the pandemic, ... jobs, and businesses have been forced to close ...has recovered after almost 3 years
How time flies, I can't believe it nothing we has been done for a long time.


...for the huge profits it can bring, ...are indeed enthusiastic,

...know about finance as a whole is very lacking, ...
People aren't learning, or they have too short memory, I think most people have a hard time to recall something happens in as short as ten years ago, it is kinda sad gullible guy keep falling victims to frauds.
full member
Activity: 476
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The pandemic was really beyond our control, and behind the scenes, it seems like COVID has been manipulated by those who've made us follow their strange policies like wearing masks, lockdowns, and getting vaccinated. We're being manipulated. Clearly, it's a huge business for them to gain instant wealth, while we'll never really know what's truly going on behind the scenes. This successful massive scam has left many people feeling helpless due to fear.

The rich get richer through shady means, and the poor get poorer. In the end, those in government positions in every country seem to get away with questionable actions, all within the legal boundaries of the rules they themselves create.

The world health organization warns us and does the government force us to wear masks to reduce the spread of covid Was that a bad thing for us? I don't understand why you think we are manipulated in this way. If wearing a mask and getting vaccinated were on the agenda to make a profit through business then what will you say about those unnecessary medicines doctors prescribe us when they can be controlled only by following good food consuming behaviors? Most of our illnesses can be cured through good food consumption practice and doctors know this and still prescribe medicines that can affect our bodies in the long run. We are being manipulated every day.
hero member
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The effect of the pandemic is elongated and that is what we are still passing through now that the price of food and other things are increasing. If the pandemic had never surfaced, we would have been living a regular lifestyle by now and keep spending and enjoying life effortlessly. The pandemic had made many of us to realize our mistakes and try and develop something that would work for us and give us money even online. Cryptocurrency price really skyrocket during the pandemic and that alone gave many investors huge profits to take home.

If we investigate in more depth, the pandemic did not appear by itself without cause and effect due to human actions or parties being lazy in protecting the surrounding environment. Because any disease will definitely be difficult to come if the environment around us is clean and not dirty, as well as the economic environment which in general has experienced a lot of price increases in the food sector and other necessary goods.

The pandemic is an obstacle to making any progress in life because with it, almost everyone cannot carry out activities and access freely in their respective environments, making development slow and even delayed. Meanwhile, investors who often use the crypto space to continue to develop their economy, I think they will not be so affected by this because they are still comfortable enough to continue carrying out their activities as usual.
sr. member
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Eloncoin.org - Mars, here we come!
The pandemic was really beyond our control, and behind the scenes, it seems like COVID has been manipulated by those who've made us follow their strange policies like wearing masks, lockdowns, and getting vaccinated. We're being manipulated. Clearly, it's a huge business for them to gain instant wealth, while we'll never really know what's truly going on behind the scenes. This successful massive scam has left many people feeling helpless due to fear.

The rich get richer through shady means, and the poor get poorer. In the end, those in government positions in every country seem to get away with questionable actions, all within the legal boundaries of the rules they themselves create.
The effect of the pandemic is elongated and that is what we are still passing through now that the price of food and other things are increasing. If the pandemic had never surfaced, we would have been living a regular lifestyle by now and keep spending and enjoying life effortlessly. The pandemic had made many of us to realize our mistakes and try and develop something that would work for us and give us money even online. Cryptocurrency price really skyrocket during the pandemic and that alone gave many investors huge profits to take home.
legendary
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Lots of the supposed conspiracy theories during that time actually came true, that’s all I’ll say on the matter though. I mean we were led to believe COVID was a deadly virus that would wipe out large % of the world. We were then told the ‘vaccine’ would stop you getting the virus, then it was 90% effective, then 75%, then 50% & so on. An actual vaccine stops you contracting a disease, it gives you immunity. Lots of the richest people in the world profited on what happened. People like Bill Gates were buying big pharma shares before the virus happened. It all stinks but we’re the little people & we’ll never be told what is really going on. Let’s remember they gave us $1,400 stimulus cheques but then left us with insane inflation after printing trillions, doesn’t seem like a good trade for us.
sr. member
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But what can we do better than blame one side? I know the difficulties in many areas that have caused disruption to the seamless pattern that was previously practiced in society. Disease, war, poverty, pollution,... Yep, these things are not just happening, but they are happening with greater intensity. Maybe this is the main reason why I realize that this life is inherently nuanced but not good and needs a way to escape from that, and fortunately I have found a way to escape from those constraints.
Sometimes being unsatisfied in life is just a challenge for us all to improve together.
We can do better. It only takes courage and other positive traits. In fact, many of us already did it. We survived the pandemic and we discovered our other side which we can say much better than the other. Life can be inherited and many can dislike it but it is still possible to change it.

So, we should stop blaming our ancestors for giving us a bad life and that we don't wanted. Instead, just use those effort or time to start changing your self. I'm sure that they can be proud of you and you are also going to be proud of your self. IDK or I'm not sure if being unsatisfied is truly a challenge? Because I also think that it is only a product of being uncontended on what you already have. But again, we can use that as motivation to improve.

Anything bad now helps us, facing it or avoiding it is a choice. Even the problems that have appeared in this market are considered very negative, but perhaps, looking with more open eyes, a bright future is still waiting for us.
Not all bad helps, but it can also depend on the person. Some don't want it or wants to avoid it but some faces it because they think it can be able to craft them as a better person.
legendary
Activity: 3444
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which is all but a simulation to the real world rugpulling in 2008 esque that still leave many guys totally confused and living in denial and got caged like a fangless lion and unable to get out.

Anyway the main point is, do we successfully get out of this nearly unharmed?
That's the thing though, there is always a lot of warnings and clear indications of upcoming hardship or even catastrophe like 2008 but we always have a lot of people who live in denial and don't want to see those warnings so they end up paying a dire price.

Can we get out of such situation unharmed? Definitely not. Every single person is affected by the economy whether it is during good times or bad. The only thing we can do is to reduce the "damage" we are going to experience.
For example over the past couple of years certain investments have been very risky, specially in tech sector. So if you were a stock market trader you would stay away from those.

With recession and inflation we have certain other types of companies showing better potential which could be very profitable. Specially with the Great Shuffle where a company shutting down in one place means open market for similar companies in another country to fill that gap.
For example over the past year that I've been talking about economic crisis, all my topics could act as signals for the market. We saw companies that crashed in a lot of sectors (eg. detergent, energy and fertilizer/food industries) while soared in another country in the same sector. Shorting their stock in the crashing market while buying it in the soaring market that was filling that gap was super profitable.
hero member
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...wild ride, ... The best is like when the exposé of those real scammers
Isn't it scammer is always the wolf dressed in well-dress white collar that look smart attire. But man, gullible people keep falling for them, scammer keep doubling down on fooling them, the cycle never end.
You bet it. That's how they look and legally robbing people's money. They seem to be smart and good looking and I am one of those people that have been gullible and thought that they're brilliant, intelligent and seems to be perfect. But thank goodness, that whenever if it seems too good to be true, they mostly not true.

Quote
going with the real world incidents, it's like an actual reset for the majority but what I don't like from this scene is that the rich became richer.   Undecided
Of course rich always get richer. It is not a fairy tales where you can meet a genie and all of a sudden you are granted with superhuman ability. It is a zero sum when the rich get poorer, nobody would have the motivation to improve with everything going zero sum.
I guess those people that have been once rich and then became poor, they've got still a poor mindset. Unlike the actual rich, they've got all focus on their riches and multiplying it and they just did it during the pandemic and it's going to continue while we're seems everything is back to normal now.
sr. member
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★Bitvest.io★ Play Plinko or Invest!
The pandemic was really beyond our control, and behind the scenes, it seems like COVID has been manipulated by those who've made us follow their strange policies like wearing masks, lockdowns, and getting vaccinated. We're being manipulated. Clearly, it's a huge business for them to gain instant wealth, while we'll never really know what's truly going on behind the scenes. This successful massive scam has left many people feeling helpless due to fear.

The rich get richer through shady means, and the poor get poorer. In the end, those in government positions in every country seem to get away with questionable actions, all within the legal boundaries of the rules they themselves create.

Seeing how now the government no longer enforces things as strictly as when the Covid 19 pandemic was at its peak, it really made me realize that we have all been pranked by those who want to make money and make quick profits. I still remember clearly in my mind how my little family and I were in decline at that time, my partner was fired from the company where he worked, I had to move to my in-laws' house, my children also couldn't go to kindergarten, there were many bad experiences and also bitter memories which we all definitely feel.

Fortunately, now we are all back to normal and doing our activities well, although the issue of inflation and war still affects the prices of basic commodities, but I'm sure we can get through that.
legendary
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Feels like that sometimes I can understand that, but I wouldn't say rug pulled to be fair. I would say that the inflation situation and money printing all feels like it was a period that wasn't really all that great, but the reality is that we are not going to end up with something that shouldn't be all that weird. I get that it is not all that shocking, but at the same time we are going to end up with a situation that has to be a bit different.

I get that it is not going to end up with all that weird feelings, but it is not technically a rug pull, it was all legal and not theft. The rug pull idea is that the creator would take your money and leave, this wasn't like that but it wasn't a fair situation neither, so I could understand the logic a bit. I believe that we need to make sure that we are doing better and we could move on with this situation and be better. It wasn't a rug pull but it wasn't fair neither, we need to work harder to equalize the score.
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