what will happen to dog coin tonight with elon on SNL
sell the news event?
maybe the guy who has 30% of the supply will market sell 0.5% of his stack and send the price to $0
well thatâs gotta be elon so
I feel like Iâm gonna wake up tomorrow and Doge is going to be over a $1 or under $0.25.
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Can I create a coin named 
So the name of the coin is literally the emoji? How could it go wrong?
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Worked for Prince.
Itâs probably viscous and acidic and corrodes everything it touches.
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Decent time to consolidate your BTC wallet if you have small amounts in multiple addresses, can get 5 sat/b tx.
Oh nvm you meant this:
Iâm kinda bearish and wary on everything Elon related, hence me staying away from this last DOGE superpump.
Ok itâs hilarious those little flairs got huge when copy pasted so Iâm leaving them in.
1 day ago¡edited 1 day ago
ill tell you my story. early january i was poor as fuck. i was also very mad at myself that i failed to make money in crypto for years while everyone around me got rich. february starts, BSC starts gaining traction and I buy a little bit of bnb to gamble with, for fun. first few ventures go well and Iâm happily making small flips with my friend for a week or two.
At this point I know everything is just gambling. Everyone in the space currently is other crypto vets who also know itâs just gambling, we are just chilling, pumping and dumping on each other with small sums. It was kind of fun actually. And the entire community is based around telegram app.
About mid february we start to notice something is changing. There are fucking influencers who were starting to shill BSC gambling shitcoins to huge amounts of normies. I thought, well lucky us, weâll get a little extra cash, and I stopped thinking about it. But it didnât stop, that wasnât the top. Actual e-celebs started talking about shitcoins. People with their faces revealed, telling their followers to buy a deflationary shitcoin because its âgoing to the moonâ. I literally cannot believe my eyes.
We were all forced to recognize this reality when SafeMoon happened. Safemoon literally broke every boundary of shitcoins because itâs marketing and hype was so good that they convinced normies that it was actually not a shitcoin, it was DeFi. You have to understand, before safemoon, we used to set the âlimitâ that a shitcoin would go to, whenever it would hit like 1 million mcap weâd all think it was the top, cuz how can a shitcoin be worth a million dollars right? How wrong and naive we wereâŚ
Personally, I never bought a single safemoon. Instead I got in on the ground floor of 4 of the 5 biggest safemoon clones. Wonât give numbers but you can probably tell how much money that was. For literally doing nothing but riding a ponzi scheme.
Itâs painful. There are so many people who lost their life savings on this bullshit. You can see them in the telegram a day after it crashes, asking people âWhen will it go back up?â âare the devs going to market?â âwhat happened guys?â. It breaks my heart a bit - but not enough for me to stop. You see, Iâm a fucked up greedy person as well - the worst feeling to me, is missing out. I canât handle it if I miss out on the next big shitcoin. It doesnât matter that the profits are all about stealing from people who buy the top, it makes me feel so shit that I canât sleep. And thatâs pretty much what kept me doing this 18 hours a day from early February to May 2nd.
But itâs not pocket change these people put in. Can you imagine buying 200k worth of a shitcoin and losing everything? Not a fantasy. Iâve personally seen it happen COUNTLESS times. It doesnât even faze me anymore. Itâs not like a casino where you lose a couple grand each day slowly. People legit think this is their solution to their financial troubles, and they go balls deep. They are so fucking stupid. In some cases this is literally their life savings, 30 years of work, and they did this shit.
I pretty much stopped on may 2nd, I could see the signs that it was finally coming to an end. people finally wisened up, and it took them long enough. the profits are much less now thankfully and I can actually sleep without thinking im missing out.
As for how I operated, guess Iâll say that too. Yes, itâs all about connections, yes I was in secret insider groups. I legit woke up in the morning and immediately read through telegram for the next 5 hours before eating anything, every single day. Often Iâd set alarms in the middle of the night to wake up for shitcoin launches, and that was a hell in of itself.
Shitcoins are very, very predictable to me, if you can keep your emotions in check, and if you are so deep into it that you know what makes a shitcoin tick. Remember this saying. If you look around the table and you canât see who the sucker is, itâs you. So just keep that in mind - how is the token supposed to attract new people to the scam after you buy in? After that itâs kind of predictable. New gimmicks, clean marketing, uniqueness, influencers. Influencers are the gold standard of shitcoins. If you can convince a normie influencer with a million active twitter followers⌠just think, how many new buyers are there to pump your bags. It really is that simple. Gimmicks included special tokenomics (none of them are anything but a zero sum game though), having doxxed devs (for a while it was revolutionary that a shitcoin dev would reveal themselves, and they pumped hard), being a âcharity coinâ that donated to real charities (this was huge for a while, now its an oversaturated idea, way overdone now), having porn NFTs (still an ongoing gimmick. i missed out on this one pretty much completely unfortunately).
You would also literally just buy clones of successful shitcoins. As I said before, safemoon pumps, which people took as an excuse to make literally thousands of safemoon clones. Literally just following the same space theme⌠safemars, safegalaxy, fairmoon, safenebula, just, put two fucking words together and make sure one is an astronomy term, then copy paste the safemoon code. so fucking stupid and people wouldnât stop buying. When the first huge charity coin made itself known âSave planet earth tokenâ, you guessed it right, for 3 weeks people made charity shitcoins nonstop. Porn coins are being spammed now too, but Iâm kind of too tired to fuck with those. Oh and elon coins. people make a coin out of any cool word he tweets. blimps rock, mechazilla, for example. and just coins using elon name over and over, and doge clones whenever dogecoin is mooning, etc etcâŚ
As you can see, the âmetaâ of bsc shitcoins could change every 3 days or last for weeks. And you had to use your brain to get a feel for what the market wanted. Wasnât really that hard if you stared at tg all day like me (although it was very painful), and had the connections.
Another driver for why I couldnât stop, is because my world revolved around the connections I had in crypto. I felt very jealous if they were making gains without me. So I desperately tried to maximize my own profits and make sure I wasnât getting left behind. Donât know if I regret it or not. I do want money for myself. If people are going to buy shitcoins that do nothing, the profits may as well go to me.
Also, another reason this is so absurd, is because of the reality of rugpulls and literal scams. A âsuccessfulâ shitcoin is just a zero sum game that creates no value and makes people become bagholders. But a ridiculously high amount of coins, maybe like 30 percent, are actual scams where they pull the liquidity of the coin and just run with everyoneâs money, and nobody can sell. YOU WOULD THINK this would cause people to turn 360 degrees from crypto gambling and run away, but instead they just buy more crypto and gamble on another coin to âmake back my lossesâ. I hate these fucking fags so much. But I also am sad for them, because itâs true, the only real way for a zoomer to get rich anymore is to gamble or be a crypto schizo.
Oh, and, for all the time and escapades I had in the last few months with shitcoins, I never once allowed myself to shill a shitcoin to a noob. Iâve seen people in safemoon literally telling their family and friends to get in. Itâs so fucking retarded. Even when Iâm in a shitcoin with my bags loaded, I just hope it dies before too many people get hurt. I ALWAYS dca my profits, always, so I donât care about selling the top or anything.
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Does this mean people are going to buy any dog-themed coins now? After that, will they branch out into other animal names or specifically cats?
Hereâs why Iâm big on proper terminology though, and not just being a pedant:
Then I watched the hype on Dodgecoin but did a bit more DD on this one. I understand the supply/demand for this coin and could clearly see it as a pump and dump. I just got burned and figured there was absolutely no way in hell this would even see $.10. look at it now!
Even Spacemoon. Again, clearly pump amd dump⌠but FOMO⌠maybe get jn now and get out before the crash. I wonât be greedy!
Dumbass noobs who most likely do have the best of intentions are fucking people up with their dumbass noobery. Itâs like, if your plan is to keep everybody away and keep them safe, then yeah, sure, find the scariest word and just apply it to everything, nuance be damned.
But⌠Lol, if that doesnât work, it backfires horribly. What if somebody says âOMG Bitcoin and cryptocurrency is a pump and pyramid ponzi dump schemeâ and another replies âyou know, Iâm fine with that, I think I can navigate those treacherous watersâ then what? Thatâs how people buy random bullshit thinking itâs the ânext bitcoinâ. Some genius was really convincing that theyâre all the same.
Do(dâŚlol)gecoin isnât remotely a pump and dump, itâs just that itâs harder to explain to somebody that they shouldnât buy in towards the top of a hype cycle with price action being exponentially larger from organically created recursive feedback loops. So, âomg pump and dump omgâ.
Likewise with Safemoon; they literally advertise themselves as a hybrid pyramid-ponzi scheme, which, is not what a pump and dump is. Even further, considering theyâre upfront about exactly whatâs happening, youâd have trouble even having it fit the definition of âschemingâ.
You might notice this is a distant cousin of Illuminati style conspiracy thinking. Itâs simply easier to imagine a person or group of people pressing buttons to control things than it is to acknowledge that to our limited brains and limited computers, things are mostly chaotic.
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yes i know thats a DVD they donât have coin emojis donât @ me
Itâs exactly that. For non meme stuff the sell wall numbers form around regular periodic integers:
And then traders like me see this happening, and trade knowing the price is going to bounce off the sell wall at least a couple times, so our trades add further resistance, until the original sell wall is weakened and traders like me see that it will probably crash through so we donât trade (or, in my specific case, press my luck and and try to sell one last time, and end up selling at the beginning of a breakout) and voila resistance is cracked.
This is also how things like cup-and-handle patterns are formed:
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Hits resistance the first time then trickles down, but buying pressure overwhelms selling pressure and it trickles back up.
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Meets resistance again, now the sellers who were confident about selling at the resistance either panic or just calmly decide to sacrifice a percent or two, and chase the price down, hence the fast drop.
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Buying pressure is still there but now sell wall pressure is removed so the price recovers equally as fast.
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The sell wall is mostly no longer there, and traders like me donât see 3100 as any significant sell point even if indicators might say otherwise, so it crashes through the resistance.
Bear in mind I just made all that up and in reality itâs a mid-ranking Illuminati member named Bob McCrypto making it all happen by pressing buttons on his console in his bunker 17 miles underneath Antarctica.
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