To start with the thread should be on altcoin discussion and not bitcoin discussion board.
Those who hold sol are already on the profit side and if I’m to be a holder I don’t see reason why I won’t take profit now that the coin have appreciated in price, what ever the team is doing is for there own interest if they don’t handle the project well it will definitely drop in value which might not be easy for it to recover.
Altcoins to me are not currencies which should be held in someone wallet for long as a means of long holding assets you never can tell what the team will come up with which could affect your holdings that’s why it’s always good for me to enter when I feel the price is right and exist when I see some profit.
Topic: SOL LONG TERM HOLDERS COULD BE IN DANGER!! - page 2. (Read 229 times)
I don't want to be controversial on this, cause I know different persons on this forum may like SOL and this could be one thread that could get me a lot of backlash, so I've decided to not give any conclusions on anything regarding this topic, but I would give-up my facts I've researched for you all to see and make a decision for yourself regarding my points:
👉SOL developers have been found out to be lieing about their total supply and hid a wallet with additional tokens. And they only admitted this after being caught and called out.
This action here proves that solana might have plans to mislead the public with lies for a totally selfish reason, unknown to me and not to be bias, I think this is a major red flag in making investment decisions to me.
👉 As at 2021 to 2022, Solana server has been shut down seven times during this period, and I can't see the excuse for this, because blockchain should never have downtime. And here is a screenshot of what Justin bons CIO and co-founder of a pioneering cryptocurrency VC fund Cyber Capital said on x.
Also there are rumors of them faking stats and numbers. Artificially pumping volume and all that.
👉 I'm majorly concerned about this, I know it isn't my business but doesn't it sound fishy to anyone else that solana could process billions of transactions at zero cost for users, disguised in the idea of innovation, my question is simple 🤔 How do they make their profits? Or are they really all for the public?
👉 concerning their decentralization, its quite obvious they show a very high level of nakamoto co-efficient ( For the newbies who don't know this means - The Nakamoto Coefficient helps measure the minimum number of validators or nodes that would need to agree to prevent a blockchain from operating correctly. The larger the Nakamoto Coefficient is compared to the number of nodes or validators, the more decentralized the blockchain network is).
I totally agree with him on this one and I think you should look into it too.
To round it all up read Eth Zurich report on how their proff of census is flawed and their road map. I'll leave this one to you guys to tackle this for yourself.
Here is a link to it
👉https://tik-db.ee.ethz.ch/file/9d40dad802dd12d9ba1f1b7c1759920c/
Every thing I've pointed out to is not to judge or say that solana is a scam, I'm just giving everyone a heads-up just incase anything could happen.
And in the tech and crypto world today big companies has crashed even the most trusted of them like lunar. And I know despite everything our favourite crypto Bitcoin has been most reliable.
So to be safe I'll advice you can take advantage of their pumps or bull run and grab your profits. But never hold for long least they dump on you. If you really looking for something to hold, then invest in Bitcoin. If you can't buy it in full, buy in bits through DCA.
DISCLAIMER!!
EVERYTHING POINT IVE MADE HERE ARE BASED ON WHAT IVE READ AND ANALYSED MYSELF. ITS BETTER YOU DO YOU OWN RESEARCH BEFORE MAKING ANY INVESTMENT DECISIONS OR TELLING OTHERS ABOUT IT.
THANK YOU
WISH YOU ALL SAFE ENTRY INTO THE NEW YEAR.
Link to read full article on Justin bons review on SOL
https://u.today/solana-sol-has-far-too-many-red-flags-seasoned-investor-says?amp#h2
👉SOL developers have been found out to be lieing about their total supply and hid a wallet with additional tokens. And they only admitted this after being caught and called out.
This action here proves that solana might have plans to mislead the public with lies for a totally selfish reason, unknown to me and not to be bias, I think this is a major red flag in making investment decisions to me.
👉 As at 2021 to 2022, Solana server has been shut down seven times during this period, and I can't see the excuse for this, because blockchain should never have downtime. And here is a screenshot of what Justin bons CIO and co-founder of a pioneering cryptocurrency VC fund Cyber Capital said on x.
Also there are rumors of them faking stats and numbers. Artificially pumping volume and all that.
👉 I'm majorly concerned about this, I know it isn't my business but doesn't it sound fishy to anyone else that solana could process billions of transactions at zero cost for users, disguised in the idea of innovation, my question is simple 🤔 How do they make their profits? Or are they really all for the public?
👉 concerning their decentralization, its quite obvious they show a very high level of nakamoto co-efficient ( For the newbies who don't know this means - The Nakamoto Coefficient helps measure the minimum number of validators or nodes that would need to agree to prevent a blockchain from operating correctly. The larger the Nakamoto Coefficient is compared to the number of nodes or validators, the more decentralized the blockchain network is).
I totally agree with him on this one and I think you should look into it too.
To round it all up read Eth Zurich report on how their proff of census is flawed and their road map. I'll leave this one to you guys to tackle this for yourself.
Here is a link to it
👉https://tik-db.ee.ethz.ch/file/9d40dad802dd12d9ba1f1b7c1759920c/
Every thing I've pointed out to is not to judge or say that solana is a scam, I'm just giving everyone a heads-up just incase anything could happen.
And in the tech and crypto world today big companies has crashed even the most trusted of them like lunar. And I know despite everything our favourite crypto Bitcoin has been most reliable.
So to be safe I'll advice you can take advantage of their pumps or bull run and grab your profits. But never hold for long least they dump on you. If you really looking for something to hold, then invest in Bitcoin. If you can't buy it in full, buy in bits through DCA.
DISCLAIMER!!
EVERYTHING POINT IVE MADE HERE ARE BASED ON WHAT IVE READ AND ANALYSED MYSELF. ITS BETTER YOU DO YOU OWN RESEARCH BEFORE MAKING ANY INVESTMENT DECISIONS OR TELLING OTHERS ABOUT IT.
THANK YOU
WISH YOU ALL SAFE ENTRY INTO THE NEW YEAR.
Link to read full article on Justin bons review on SOL
https://u.today/solana-sol-has-far-too-many-red-flags-seasoned-investor-says?amp#h2
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