So what's the purpose of this thread? every people who're not buy BALD coin are stupid or we should invest all of our money into BALD in order to make $1 Million?
You can try it by yourself to invest in BALD coin or any other shitcoin to make a lot money in a day, don't forget to give an update about your decision. We have seen few news there are some people make money through shitcoins and we forget there are so many people are get scammed through shitcoins.
Topic: Some smart guy converted $1000 to 1 million in one day with $BALD coin (Read 358 times)
August 30, 2023, 03:46:02 AM
August 29, 2023, 02:11:04 AM
It's not smart.
It's called (Insider-Trading) he got early-information about the listing. Fun-fact, my self working as moderator we got some early information as well for the project I was manage to hit listing on exchange.
I can buy the token before listing on the new exchange. So, this one it's not smart just because he got insider-information and make him (insider-trading).
I'll be leaning to this one instead of the fact that he's just lucky, but thinking which has a higher chance of it to happen, I think having an insider is more feasible than the investor just being lucky. Being lucky in investing into projects like this is like 1 in a million.It's called (Insider-Trading) he got early-information about the listing. Fun-fact, my self working as moderator we got some early information as well for the project I was manage to hit listing on exchange.
I can buy the token before listing on the new exchange. So, this one it's not smart just because he got insider-information and make him (insider-trading).
I remembered when I joined in a bounty campaign back in 2018, I manage to join a channel for a particular project where they are sharing the updates there earlier. It's like an inside-trading channel. I manage to maximize it as well gaining profits selling their tokens, but at the same time I feel bad for those investors, and those who joined in their bounty campaign that isn't on that channel because they are already at a loss because developers already sold their tokens way earlier.
Anyway, I don't believe that the person who manage to x1000 his 1000$ isn't lucky, but he has access to an inside-trading channel like you said. To those who are believing that the guy is lucky, wake up, and think that it's almost impossible to happen.
August 28, 2023, 10:17:45 PM
(...)
How many of us is willing to take that risk?
High risk, high reward.How many of us is willing to take that risk?
For sure a lot of people tried this one and most of them lost their money for sure because of the wrong timing.
Other people also tried it on different meme coins which ended rugged, and they are hoping the same will go with other meme coins that gave huge returns.
August 28, 2023, 06:55:58 PM
It's called (Insider-Trading) he got early-information about the listing. Fun-fact, my self working as moderator we got some early information as well for the project I was manage to hit listing on exchange. -snip-
This makes more sense. Because most people frequently buy in stages and do so several months, weeks, or days in advance, at least that's what I have done in the past for other shit tokens. But if it isn't insider trading, then he is just winning the gamble.That’s always how it goes; same happens for a lot of stocks that get bought or taken over; every company should have a policy that insider trading is never allowed but it is hard to fully control it. I bought some shit tokens before in the hopes it would go x10 or higher but still waiting on that moment lol.
August 28, 2023, 12:09:15 PM
I believe that many people get inspired by such stories and then invest. Later, they tend to express varying opinions about the volatile crypto market. In my view, this seems impractical unless someone possesses insider information about a project's certain success. It appears that the person must have some inside knowledge and decided to take a chance. However, I must emphasize that even then, investing $1000 carries a significant risk in the unpredictable crypto market. If you ask me, even if I had access to such information, I wouldn't invest more than $200. Taking a $1000 risk, despite no guarantees in the crypto market, is commendable.
August 27, 2023, 10:49:05 AM
It's called (Insider-Trading) he got early-information about the listing. Fun-fact, my self working as moderator we got some early information as well for the project I was manage to hit listing on exchange. -snip-
This makes more sense. Because most people frequently buy in stages and do so several months, weeks, or days in advance, at least that's what I have done in the past for other shit tokens. But if it isn't insider trading, then he is just winning the gamble.
August 26, 2023, 12:16:31 PM
It's called (Insider-Trading) he got early-information about the listing. Fun-fact, my self working as moderator we got some early information as well for the project I was manage to hit listing on exchange. -snip-
This makes more sense. Because most people frequently buy in stages and do so several months, weeks, or days in advance, at least that's what I have done in the past for other shit tokens. But if it isn't insider trading, then he is just winning the gamble. August 26, 2023, 09:18:38 AM
Here the problem is not in the amount of losses but in psychology. When a person has earned a lot of money, he is more naive about investments and makes rash investments. Unfortunately, this has been my own experience.
That is why certain category of people become poor again very fast. Like if someone wins a lot of money in lottery, he will loose it all in few months because he is not aware where to invest that money to get consistent income. On the other hand, those who get increment in income gradually, are more proper with the investments. That is why there are so many millionaires who started from zero. However, I think that someone who did what I stated in OP must be a smart guy, he is aware of many similar opportunities in crypto.
August 25, 2023, 01:48:38 PM
I agree with you. Indeed, if we see such stories with crazy earnings on the Internet, it means that they just want to lure us into another shitcoin. It often happens that many memcoins are similar in name and design and investors get the impression that this is the gem with which they can repeat the success they have read about before.
Also, what the cryptonews media hype do not tell everyone is the investor who has earned $20 million has not yet sold the tokens and cannot sell the tokens because the total liquidity provided in Uniswap is not enough to cover everything if he dumps. This is why those tokens dump after they are listed in Binance and the other big exchanges. They need the exit liquidity.
If we are talking about PEPE, this case tells us that liquidity can be enough even when considering the use of only decentralized exchanges. If you take a look at the very famous PEPE wallet that bought tokens at the lowest price, you will see that it sold in small portions exclusively on uniswap. Now, after the passage of time, he still decided to use centralized services. Apparently, the hype has decreased a lot and liquidity on uniswap is not enough to sell millions of dollars worth of tokens. Slippage can happen.
August 25, 2023, 01:12:53 PM
Getting profit in these types required a luck and the better luck, as well as its required a lot of risks as well. The risks of losing and the risk of management as well. Portfolio can be make better with the luck many times. As I had seen many of the investors, they lose due to their bad luck.
August 25, 2023, 01:06:50 PM
this kind of thing i'm pretty much sure that it can be pulled by people that have insiders advantage, and I do agree with some statements that these kind of news was spread for marketing stunt in purposes of
garnering attention from the so called meme coins fans to invest in it, even like that we all should know well the fact that such massive investment might only happened to this one person, the other are already very late to invest since the price has already gone up.
at best it will be some measly gains, at worse, instead the token will be going downhill since here on, after all if the news of meme coins massively gaining some rally already spread through some media, then we can be sure that its pretty much late to invests, not that i'm gonna invests in these meme coins anyway.
in short, don't get too tempted on this situation. we don't know the real situation here. most alts will give you false hope and once you get in, as you said, you are already too late.garnering attention from the so called meme coins fans to invest in it, even like that we all should know well the fact that such massive investment might only happened to this one person, the other are already very late to invest since the price has already gone up.
at best it will be some measly gains, at worse, instead the token will be going downhill since here on, after all if the news of meme coins massively gaining some rally already spread through some media, then we can be sure that its pretty much late to invests, not that i'm gonna invests in these meme coins anyway.
but if that person has nothing to do with the BALD team, then i would say, he's a very lucky person gaining such amount from his investments. but should be very careful in his succeeding investments as he may got mistake and lose a lot.
Most altcoins can still give some early profits before they collapsed but it's still not advisable especially for the newbies. There are so many legit coins out there which can also give us a better return but with only less risks so why look for the others?
August 23, 2023, 10:38:28 AM
The reality is that there is no cleverness or luck here, a premeditated evil scheme and rugbull with this coin.
As a few mentioned earlier similar to many memecoin projects, most likely the wallet address comes from people on this project team.
Ironically, people only like to look at big profits and ignore the fact that, for the same $1000, out of hundreds of thousands of participants only one gets such a profit, and most of the rest. losses. It's fair to say this game was never worth participating in.
As a few mentioned earlier similar to many memecoin projects, most likely the wallet address comes from people on this project team.
Ironically, people only like to look at big profits and ignore the fact that, for the same $1000, out of hundreds of thousands of participants only one gets such a profit, and most of the rest. losses. It's fair to say this game was never worth participating in.
That's exactly what I thought when it was rug-pulled the next day. Things like that almost never happen for no reason, usually, it's a part of some scheme.
August 23, 2023, 07:46:42 AM
The reality is that there is no cleverness or luck here, a premeditated evil scheme and rugbull with this coin.
As a few mentioned earlier similar to many memecoin projects, most likely the wallet address comes from people on this project team.
Ironically, people only like to look at big profits and ignore the fact that, for the same $1000, out of hundreds of thousands of participants only one gets such a profit, and most of the rest. losses. It's fair to say this game was never worth participating in.
As a few mentioned earlier similar to many memecoin projects, most likely the wallet address comes from people on this project team.
Ironically, people only like to look at big profits and ignore the fact that, for the same $1000, out of hundreds of thousands of participants only one gets such a profit, and most of the rest. losses. It's fair to say this game was never worth participating in.
August 22, 2023, 11:41:18 PM
~
Something similar happened with PEPE, when a story about an investor who bought 250$ worth of tokens and earned 20 million was actively spread. All these stories are created to fuel the hype. 99.9% of everyone who buys such tokens will never be able to repeat the same success. Be realistic.
These sort of stories will fuel the new investors to try their luck and hence these sort of crazy stories of random people without any faces making millions is a sure shot way to keep churning out shit tokens and creating the hype of a million dollar promise so that new investors are attracted towards these shit project and as mentioned earlier by some of the users, majority are inside jobs as they are aware of the pumps well before the general investors and those users usually earn a substantial profit before the bubble bursts. Something similar happened with PEPE, when a story about an investor who bought 250$ worth of tokens and earned 20 million was actively spread. All these stories are created to fuel the hype. 99.9% of everyone who buys such tokens will never be able to repeat the same success. Be realistic.
I agree with you. Indeed, if we see such stories with crazy earnings on the Internet, it means that they just want to lure us into another shitcoin. It often happens that many memcoins are similar in name and design and investors get the impression that this is the gem with which they can repeat the success they have read about before.
Also, what the cryptonews media hype do not tell everyone is the investor who has earned $20 million has not yet sold the tokens and cannot sell the tokens because the total liquidity provided in Uniswap is not enough to cover everything if he dumps. This is why those tokens dump after they are listed in Binance and the other big exchanges. They need the exit liquidity.
August 21, 2023, 12:47:34 PM
welcome to insiders profits 
This is definitely insiders trading and i would be a fool to believe that. It may be the case that they are trying to create hype by showing tempting offers to get investors. I hope those 4 addresses are probably insiders. However i am not at all surprised by such an event as there are many such pitfalls to be found in the crypto market.
This is definitely insiders trading and i would be a fool to believe that. It may be the case that they are trying to create hype by showing tempting offers to get investors. I hope those 4 addresses are probably insiders. However i am not at all surprised by such an event as there are many such pitfalls to be found in the crypto market.
August 21, 2023, 11:49:49 AM
~
Something similar happened with PEPE, when a story about an investor who bought 250$ worth of tokens and earned 20 million was actively spread. All these stories are created to fuel the hype. 99.9% of everyone who buys such tokens will never be able to repeat the same success. Be realistic.
These sort of stories will fuel the new investors to try their luck and hence these sort of crazy stories of random people without any faces making millions is a sure shot way to keep churning out shit tokens and creating the hype of a million dollar promise so that new investors are attracted towards these shit project and as mentioned earlier by some of the users, majority are inside jobs as they are aware of the pumps well before the general investors and those users usually earn a substantial profit before the bubble bursts. Something similar happened with PEPE, when a story about an investor who bought 250$ worth of tokens and earned 20 million was actively spread. All these stories are created to fuel the hype. 99.9% of everyone who buys such tokens will never be able to repeat the same success. Be realistic.
I agree with you. Indeed, if we see such stories with crazy earnings on the Internet, it means that they just want to lure us into another shitcoin. It often happens that many memcoins are similar in name and design and investors get the impression that this is the gem with which they can repeat the success they have read about before.
August 19, 2023, 09:03:42 PM
Is this the same Bald token that was being issued and traded in Coinbase's new Base network? I am very sorry to be again the messenger of bad news, however, if we are talking about the same token, this is a rugpull speculated to be created by Sam Bankman-Fried or someone who want to make it appear that it was him.
The rug-pulling of short-lived, heavily hyped meme coin bald (BALD) has a whole cast of characters, but is one of them Sam Bankman-Fried?
On-chain data suggests interactions between the memecoin BALD’s deployer contract and one of the wallets tagged by Nansen as belonging to Alameda Research - the trading company founded and controlled by Bankman-Fried. The data was cited by several blockchain sleuths on the social media platform formerly known as Twitter and later validated by CoinDesk.
Wintermute’s head of research, Igor Igamberdiev, tied another wallet address 0xccFa05 to Alameda, stating its owner showed strong technical capabilities and proved to be a savvy DeFi user: Trading on the first version of dYdX and Oasis, as well as voting on the first proposals from SushiSwap.
Source https://www.coindesk.com/markets/2023/08/01/bald-token-rugpull-may-have-links-to-sam-bankman-frieds-alameda-data-shows/
Rugpulled by Sam on FTX, rugpulled again on Bald token hehehehehee.
The rug-pulling of short-lived, heavily hyped meme coin bald (BALD) has a whole cast of characters, but is one of them Sam Bankman-Fried?
On-chain data suggests interactions between the memecoin BALD’s deployer contract and one of the wallets tagged by Nansen as belonging to Alameda Research - the trading company founded and controlled by Bankman-Fried. The data was cited by several blockchain sleuths on the social media platform formerly known as Twitter and later validated by CoinDesk.
Wintermute’s head of research, Igor Igamberdiev, tied another wallet address 0xccFa05 to Alameda, stating its owner showed strong technical capabilities and proved to be a savvy DeFi user: Trading on the first version of dYdX and Oasis, as well as voting on the first proposals from SushiSwap.
Source https://www.coindesk.com/markets/2023/08/01/bald-token-rugpull-may-have-links-to-sam-bankman-frieds-alameda-data-shows/
Rugpulled by Sam on FTX, rugpulled again on Bald token hehehehehee.
Yeah, this is also what I read as well, the someone SBF is also involved or at least he has something to do with it. Not sure how he did it if he is in jail (if I'm not mistaken), but the influence of this guy and his name could really go down in infamy in crypto market if it is proven that again, he pulled this one that makes people losing huge money again.
And maybe this is just a tip, and there could be more projects that we are not aware of that could be tied to SBF and Alameda.
August 19, 2023, 06:58:14 PM
this kind of thing i'm pretty much sure that it can be pulled by people that have insiders advantage, and I do agree with some statements that these kind of news was spread for marketing stunt in purposes of
garnering attention from the so called meme coins fans to invest in it, even like that we all should know well the fact that such massive investment might only happened to this one person, the other are already very late to invest since the price has already gone up.
at best it will be some measly gains, at worse, instead the token will be going downhill since here on, after all if the news of meme coins massively gaining some rally already spread through some media, then we can be sure that its pretty much late to invests, not that i'm gonna invests in these meme coins anyway.
garnering attention from the so called meme coins fans to invest in it, even like that we all should know well the fact that such massive investment might only happened to this one person, the other are already very late to invest since the price has already gone up.
at best it will be some measly gains, at worse, instead the token will be going downhill since here on, after all if the news of meme coins massively gaining some rally already spread through some media, then we can be sure that its pretty much late to invests, not that i'm gonna invests in these meme coins anyway.
in short, don't get too tempted on this situation. we don't know the real situation here. most alts will give you false hope and once you get in, as you said, you are already too late.
but if that person has nothing to do with the BALD team, then i would say, he's a very lucky person gaining such amount from his investments. but should be very careful in his succeeding investments as he may got mistake and lose a lot.
August 19, 2023, 06:56:14 PM
this kind of thing i'm pretty much sure that it can be pulled by people that have insiders advantage, and I do agree with some statements that these kind of news was spread for marketing stunt in purposes of
garnering attention from the so called meme coins fans to invest in it, even like that we all should know well the fact that such massive investment might only happened to this one person, the other are already very late to invest since the price has already gone up.
at best it will be some measly gains, at worse, instead the token will be going downhill since here on, after all if the news of meme coins massively gaining some rally already spread through some media, then we can be sure that its pretty much late to invests, not that i'm gonna invests in these meme coins anyway.
garnering attention from the so called meme coins fans to invest in it, even like that we all should know well the fact that such massive investment might only happened to this one person, the other are already very late to invest since the price has already gone up.
at best it will be some measly gains, at worse, instead the token will be going downhill since here on, after all if the news of meme coins massively gaining some rally already spread through some media, then we can be sure that its pretty much late to invests, not that i'm gonna invests in these meme coins anyway.
August 19, 2023, 06:52:38 PM
~
Something similar happened with PEPE, when a story about an investor who bought 250$ worth of tokens and earned 20 million was actively spread. All these stories are created to fuel the hype. 99.9% of everyone who buys such tokens will never be able to repeat the same success. Be realistic.
These sort of stories will fuel the new investors to try their luck and hence these sort of crazy stories of random people without any faces making millions is a sure shot way to keep churning out shit tokens and creating the hype of a million dollar promise so that new investors are attracted towards these shit project and as mentioned earlier by some of the users, majority are inside jobs as they are aware of the pumps well before the general investors and those users usually earn a substantial profit before the bubble bursts. Something similar happened with PEPE, when a story about an investor who bought 250$ worth of tokens and earned 20 million was actively spread. All these stories are created to fuel the hype. 99.9% of everyone who buys such tokens will never be able to repeat the same success. Be realistic.
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