0.1 ETH to $30M in 46 days

by undefined1 on 4/22/2021, 12:16:41 AM with 12 comments

  • by sebmellen on 4/22/2021, 12:43:04 AM

    Ah yes, the SAFEMOON literal Ponzi scheme. Beautiful.

    Number go up, number go down. But damn, look at that chart https://coinmarketcap.com/currencies/safemoon/. It’s one of the cleanest looking pump-and-dumps I’ve ever seen.

    This is not something to celebrate or condone. A lot of people who don’t know better are losing their savings trying to play along with the hype.

    See https://stockhead.com.au/cryptocurrency/this-is-a-scam-crypt... or https://www.benzinga.com/markets/cryptocurrency/21/04/207213... for more.

  • by ctur on 4/22/2021, 12:37:59 AM

    This is inscrutable to anyone not familiar with whatever that site is and the underlying systems and terminology.

    Someone should write a blog post or something to explain it, then link that here so we can all be in awe, or outrage, together.

  • by ayoubElk on 4/22/2021, 12:33:47 AM

    Can someone explain how it was done?

  • by reidjs on 4/22/2021, 12:42:02 AM

    I’m confused. At what point did they convert it from crypto to USD?

  • by quyleanh on 4/22/2021, 12:32:41 AM

    Such a clever movement. That is beautiful of blockchain.

  • by foogazi on 4/22/2021, 2:15:43 AM

    ELI5: what happened here?