Nothing but a mathematical fraud. | Bitcointalksearch.org

wxa7115

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Bitcoin is GOD

Quote from: siniminomorocomunisakito on May 10, 2023, 10:41:15 PM

Quote from: FirmWars on April 21, 2023, 07:10:16 AM

What do you think about this project madness? Will you dare invest in a project like this?

You know what they say, "crypto never sleeps." But before we start investing in altcoins, we have to do our homework first! It's like choosing a date, you wouldn't just swipe right without checking their profile first, would you? Same goes for crypto, check out the project and the team behind it before you swipe our hard earned money. And remember, while some may get lucky with a meme coin like PEPE, it's not always rainbows and unicorns in the crypto world. So maintain our common sense and invest wisely, my friends.

If Someone Wants To Upgrade, Don't Sell Your BTC for Meme Coins. Wink

Unfortunately there is a great deal of people which choose the shotgun approach and match with every single person near them in the hopes of getting a match, and they do the same when they invest hoping that one of the coins in which they invest makes them a fortune.

However with the thousands of coins which are released on the market each year even such approach is unprofitable, as the majority of the coins out there are just scams or mediocre projects, which is why we try to keep discouraging newbies to invest in meme coins, and newbies keep ignoring us and then they suffer the repercussions of such shortsightedness.

inthelongrun

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Activity: 1848

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The Martian Child

People are looking for the next meme coin this cycle after Shiba Inu made it at the top during the last cycle. I've never been a fan of meme coins but last week I was tempted to bet a little amount. Not for long-term purposes of course but it's more of a gamble with the money I can afford to lose. So I included it in my watchlist. This week I am supposed to DYOR this meme coin but upon knowing that it is already valued at $600 million, it is a "No" for me. I don't care if it was listed on Binance. I also heard that this meme coin is also listed on one of our local exchanges here.

The market is down and there are a lot of potential altcoins that are cheap to buy. I would rather choose from them than a meme coin that is already valued at $600 million.

lemonandfriesonetwo

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Activity: 653

Merit: 11

Quote from: kamvreto on May 10, 2023, 11:10:01 PM

Quote from: siniminomorocomunisakito on May 10, 2023, 10:41:15 PM

Quote from: FirmWars on April 21, 2023, 07:10:16 AM

What do you think about this project madness? Will you dare invest in a project like this?

You know what they say, "crypto never sleeps." But before we start investing in altcoins, we have to do our homework first! It's like choosing a date, you wouldn't just swipe right without checking their profile first, would you? Same goes for crypto, check out the project and the team behind it before you swipe our hard earned money. And remember, while some may get lucky with a meme coin like PEPE, it's not always rainbows and unicorns in the crypto world. So maintain our common sense and invest wisely, my friends.

If Someone Wants To Upgrade, Don't Sell Your BTC for Meme Coins. Wink

Crypto never sleeps and will continue to do its activities. Many new altcoins keep popping up and are now enlivened by the unstoppable memecoin. everyone wants to get instant riches from memecoin, but they don't know the risks. the risk of losing even more would be enormous. will be healthy as played and will turn to be too frantic and too greedy when it starts to enter. so a healthy psychology is needed and management also needs to be done.

Those memecoins are weeding out all the people that should not be vested in serious projects.

It's best for them to lose now and return when cryptocurrencies are fully implemented seemlessly in the world.

kamvreto

legendary

Activity: 1946

Merit: 1157

Enterapp Pre-Sale Live

Quote from: siniminomorocomunisakito on May 10, 2023, 10:41:15 PM

Quote from: FirmWars on April 21, 2023, 07:10:16 AM

What do you think about this project madness? Will you dare invest in a project like this?

You know what they say, "crypto never sleeps." But before we start investing in altcoins, we have to do our homework first! It's like choosing a date, you wouldn't just swipe right without checking their profile first, would you? Same goes for crypto, check out the project and the team behind it before you swipe our hard earned money. And remember, while some may get lucky with a meme coin like PEPE, it's not always rainbows and unicorns in the crypto world. So maintain our common sense and invest wisely, my friends.

If Someone Wants To Upgrade, Don't Sell Your BTC for Meme Coins. Wink

Crypto never sleeps and will continue to do its activities. Many new altcoins keep popping up and are now enlivened by the unstoppable memecoin. everyone wants to get instant riches from memecoin, but they don't know the risks. the risk of losing even more would be enormous. will be healthy as played and will turn to be too frantic and too greedy when it starts to enter. so a healthy psychology is needed and management also needs to be done.

siniminomorocomunisakito

member

Activity: 416

Merit: 34

Quote from: FirmWars on April 21, 2023, 07:10:16 AM

What do you think about this project madness? Will you dare invest in a project like this?

You know what they say, "crypto never sleeps." But before we start investing in altcoins, we have to do our homework first! It's like choosing a date, you wouldn't just swipe right without checking their profile first, would you? Same goes for crypto, check out the project and the team behind it before you swipe our hard earned money. And remember, while some may get lucky with a meme coin like PEPE, it's not always rainbows and unicorns in the crypto world. So maintain our common sense and invest wisely, my friends.

If Someone Wants To Upgrade, Don't Sell Your BTC for Meme Coins. Wink

lienfaye

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Activity: 3010

Merit: 629

Quote from: FirmWars on April 21, 2023, 07:10:16 AM

I am not surprised at all because PEPE devs or team, whoever they are used mathematical scam to deceive those people, PEPE solves no issue we are facing in the crypto space, not a single one, yet people FOMoEd

Many investors wants to join the ride thinking it would be profitable to invest in the current hype coins regardless of if it has use case or not. What matter to them is the profit they can possibly get, while ignoring the risk of losing their money.

Quote from: FirmWars on April 21, 2023, 07:10:16 AM

What do you think about this project madness? Will you dare invest in a project like this?

Well, I missed to invest on this one but I already tried to invest in meme coins before. It is profitable if you're lucky to take profit during peak price but it's quite risky. Many investors lose their money for being late to sell or because of greed wanting to gain more. Hence it is not advisable to invest in meme coins because it has no real use case to be sustainable. If you like to take risk then only invest what you can afford to lose because it is not similar to established coins whereas it can survive even the market is bearish.

wxa7115

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Activity: 2702

Merit: 704

Bitcoin is GOD

Quote from: o48o on May 06, 2023, 05:19:29 PM

Quote from: lemonandfriesonetwo on May 05, 2023, 04:08:58 PM

Shitcoin is shitcoin no matter who peddles it. Period.

That doesn't really mean anything. Or at least it means different things to different people depending where you are coming from. If you are a bitcoin maximalist everything but a bitcoin is a shitcoin.
You can believe that coins without purpose are shitcoins, that are fixing if they aren't fixing a problem they are shitcoins. This however leaves us with a question, what is a problem worth fixing with a blockchain. As one could say that most of them are made up-
Then there is a group o people saying that meme tokens/coins are shitcoins as they only serve the purpose of pump and dump. But how that's not a worthy purpose next to other ones that are claiming that they are fixing healthcare or whatever. Those are that selling snake oil that's never going to be adopted.

When it comes to altcoins, it's all grey area. Least meme tokens are honest about what they are solving.

In a way you have a point, if the developers behind a meme coin are clear and honest about what they are trying to achieve with their meme coin, then as much as some of us may not like it if such a coin succeeds we will not be able to say anything about it, except that we would never invest in such coin.

However this is very rare, for what I can see the majority of those which release those meme coins make promises about the performance of their coin, like their coin becoming the next shiba inu or having a 100x potential, and without a doubt this is a case of misleading advertising, as a great deal of the meme coins out there will never give that kind of performance to anyone that dares to invest in them.

bayudndy

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PredX - AI-Powered Prediction Market

Quote from: FirmWars on April 21, 2023, 07:10:16 AM

(...)What do you think about this project madness? Will you dare invest in a project like this?

I stand aside from the resonance it creates with its supporters and opponents, although I don't like it, but I don't hate it either. The diversity of the cryptocurrency market makes it possible for us to decide for ourselves what comes out. Honestly it doesn't surprise me how popular it is in such a short period of time, the strong and fast spread is a shady way of attracting me to how many people approach memecoin, I don't want get enticed and don't want to entice anyone to invest with these either.

Blowon

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Activity: 1932

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Vave.com - Crypto Casino

well, that's their respective perception, if you think of this as mere mathematics, I don't think so because the investment here really buys with money and decisions that are ready to take risks for targeted profits. yes, some projects are sometimes prepared to deceive their investors, but we really know that that is the risk in investing here.

Nalweyiso

newbie

Activity: 74

Merit: 0

You can see PEPE developers have employed tactics that may seem questionable, using a mathematical approach to draw in potential investors. While it doesn't address any significant issues in the crypto space, the fear of missing out (FOMO) has played a significant role in its popularity. Claims of astronomical returns, like turning $26 into $1.2 million, seem too good to be true, and without solid evidence, skepticism is warranted.

Some investors who put in $50-$100 reportedly made $8,000 and cashed out, which is a substantial gain. However, it's puzzling why certain wallet addresses didn't take profits and are now sitting on millions – especially with a meme coin like PEPE. It's possible that the developers themselves are buying the token with small amounts of money, while the wallets that took profits early on are likely the actual investors. It's essential not to be fooled by these tactics.

btc_angela

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Merit: 551

Quote from: FirmWars on April 21, 2023, 07:10:16 AM

Some people claimed that 26$ was invested and turn 1.2million dollars, but from my own findings I don't think it's true and there is nothing to prove it either.

Yeah, read it somewhere, I don't know if this is true or not though, not interested.

Quote from: FirmWars on April 21, 2023, 07:10:16 AM

I was able to find out that those who invested 50$ to 100$ where able to make 8,000$ and they cashed out, very expected from a human, that's already a big gain, but some wallet addresses failed to take profit and now they are sitting on millions, who does that? With a meme coin.

That's how it is though, just imagine, small investments like that and you take that risk, and it turn out that you gamble and win. So obviously they will have to cash out and enjoy their winnings. That only happen to a lot of meme coins, like Doge and Shiba in the beginning.

Quote from: FirmWars on April 21, 2023, 07:10:16 AM

Apart from this, PEPE has now opened a deceiving portal for investors, many will crave for a project like PEPE and the crypto space will witness a new numbers of King PEPE, PEPI INU, BSCPEP, PEPE Finance, something with PEPE name.

What do you think about this project madness? Will you dare invest in a project like this?

Why not? but the problem is how early you gonna be a bag holder for this kind of meme coins? If you are late then you might profit but not that huge. So it's better to just invest on project like BTC and Ethereum. It's safe and you just have to have that mental toughness to go to a bear and bull market. And it's somewhat enjoyable and it's going to be worth something in the end.

o48o

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Leading Crypto Sports Betting & Casino Platform

Quote from: lemonandfriesonetwo on May 05, 2023, 04:08:58 PM

Shitcoin is shitcoin no matter who peddles it. Period.

That doesn't really mean anything. Or at least it means different things to different people depending where you are coming from. If you are a bitcoin maximalist everything but a bitcoin is a shitcoin.
You can believe that coins without purpose are shitcoins, that are fixing if they aren't fixing a problem they are shitcoins. This however leaves us with a question, what is a problem worth fixing with a blockchain. As one could say that most of them are made up-
Then there is a group o people saying that meme tokens/coins are shitcoins as they only serve the purpose of pump and dump. But how that's not a worthy purpose next to other ones that are claiming that they are fixing healthcare or whatever. Those are that selling snake oil that's never going to be adopted.

When it comes to altcoins, it's all grey area. Least meme tokens are honest about what they are solving.

lemonandfriesonetwo

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Quote from: o48o on May 05, 2023, 02:14:17 PM

Quote from: FirmWars on April 21, 2023, 07:10:16 AM

-cut-
What do you think about this project madness? Will you dare invest in a project like this?

Has OP changed their opinion yet? When binance accepts a meme token immediately it's clear that this team obviously had some highly influential connections and early holders.
In this space it's all about who you know. No matter of the fundamentals, if you get right people from the start you can create a phenomenon out of nothing. Just like Pepe did.

I am still regretting buying a wrong pepe in solana chain and not waiting for eth based meme token. But then again, no one would have known, exept maybe the devs who lured in right influencers.

Shitcoin is shitcoin no matter who peddles it. Period.

o48o

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Leading Crypto Sports Betting & Casino Platform

Quote from: FirmWars on April 21, 2023, 07:10:16 AM

-cut-
What do you think about this project madness? Will you dare invest in a project like this?

Has OP changed their opinion yet? When binance accepts a meme token immediately it's clear that this team obviously had some highly influential connections and early holders.
In this space it's all about who you know. No matter of the fundamentals, if you get right people from the start you can create a phenomenon out of nothing. Just like Pepe did.

I am still regretting buying a wrong pepe in solana chain and not waiting for eth based meme token. But then again, no one would have known, exept maybe the devs who lured in right influencers.

yazher

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You own the pen

This is how it works and they already know how they will execute such plans before they release their coins, that's why you really need to be careful when it comes to altcoins because there are lots of hypes and foolishness going on around, especially with the said kinds of coins. Shitcoins are only there in the beginning and when you look at them, you might gonna just think of them as legit coins but the reality comes after the hype because no one will ever talk about it except for those people who didn't sell their coins waiting for more price increase which will never gonna happen again.

wxa7115

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Bitcoin is GOD

Quote from: Jackl87 on April 29, 2023, 09:18:03 AM

Quote from: FirmWars on April 21, 2023, 07:10:16 AM

It's funny how people around you just pissed and ruined my day because they missed the crazy gains from PEPE, a shit meme coin that's making some noise online since two days now, it really got people good Grin

I mean those who missed out.

I am not surprised at all because PEPE devs or team, whoever they are used mathematical scam to deceive those people, PEPE solves no issue we are facing in the crypto space, not a single one, yet people fomoed

Since Elon Musk made that tweets about Dogecoin like 2 years ago or so, we are witnessing that crazy wave of useless meme-coins. I agree with you, that PEPE just like every other meme coin is solving no problem and is also not generating any new use case or something like that. It is just another useless shit coin. From time to time though it happens that one of those shit coins is able to create a lot of attention for whatever reason. PEPE apparently was one of those. I don't know why though.

There is not really any reason for this to happen at all, this is just like someone that wins the lottery and then they try to find a reason why this was the case and they even develop a method they share with everyone else, the truth is they just got lucky and there is really no reason for their sudden fortune.

The same is true for this coin, people are going to spend sleepless nights and countless hours trying to find out what made this coin different, but they are simply wasting their time, because there is nothing that makes this coin unique, they just happen to win the lottery.

danherbias07

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Leading Crypto Sports Betting & Casino Platform

There was one before but I forgot the name. SPRG or something near it. From cents to thousands of dollars but it only happened in a blink.
The coin was listed in Yobit and we all know what kind of coins are mostly listed there. Mostly shit or worst scammers coins. Before, they are not called meme coins, just dust coins, or shit.
It happened before and is still happening now and a lot of investors are still biting this get-rich scheme. I don't understand why they had not learned their lessons. It will keep on happening, with no project to support it, just a coin made for fun, or an experiment of some developers that are hunting for money.
Let's avoid this and I am sure they will stop if no investors are foolish enough to buy it.

Rampagoe004

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https://duelbits.com/

I don't like investing in shitcoins. If I don't see the latest innovation or some brilliant idea in developing a project then I assume it's shitcoins. I'm aware of the bidding that PePe has made but in my view it's not something I would invest in the project.

Jackl87

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Quote from: FirmWars on April 21, 2023, 07:10:16 AM

It's funny how people around you just pissed and ruined my day because they missed the crazy gains from PEPE, a shit meme coin that's making some noise online since two days now, it really got people good Grin

I mean those who missed out.

I am not surprised at all because PEPE devs or team, whoever they are used mathematical scam to deceive those people, PEPE solves no issue we are facing in the crypto space, not a single one, yet people fomoed

Since Elon Musk made that tweets about Dogecoin like 2 years ago or so, we are witnessing that crazy wave of useless meme-coins. I agree with you, that PEPE just like every other meme coin is solving no problem and is also not generating any new use case or something like that. It is just another useless shit coin. From time to time though it happens that one of those shit coins is able to create a lot of attention for whatever reason. PEPE apparently was one of those. I don't know why though.

slashz9

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Meme coins like PEPE can be highly volatile and unpredictable, with price movements driven more by social media hype and market sentiment than by any fundamental value or utility of the project. While some investors may be able to make significant gains in the short term, it's important to remember that these gains can quickly evaporate, especially if the hype dies down or if there are any negative developments related to the project.

Topic: Nothing but a mathematical fraud. (Read 335 times)