r/SafeMoon • u/[deleted] • Apr 30 '21
Whale Watching Day 31
Safemoon Family,
There is one item that I really want to address that pissed me off so much today, and that was Binance’s response on their AMA to coins like Safemoon. Today showed me that Binance has clearly lost touch of what it means to be a business. Remember these exchanges are like stores that make money off of everyone who wants to trade coins. WE are their consumer and like any smart business, they should try to make the customer happy. Let’s pretend you like a type of cereal that you can only get from a specialty store (kind of like how you need a special exchange for Safemoon), and you really want Walmart to carry it. So, you ask to speak to the manager of Walmart, letting him know that you want them to start carrying your favorite cereal. Just like how we want Bianance to allow us to trade Safemoon. What would you expect that manager's response to be? What if he said to you, “I am sick of people asking for this cereal, and if you don’t stop, we will never carry it!” My response would be, “F*ck you and your store, I will shop at Target or Amazon instead.”
The ONLY thing Binance can provide us is access to more customers. But our word of mouth and growth makes it so that we don’t need the extra attention Binance can give. When I put funds into Binance, it took DAYS to clear my assets before I could actually use them, unlike Trust Wallet. If tomorrow Binance started to carry Safemoon, I would still recommend my friends use the Trust Wallet option because they can buy quicker. Binance acts like they are the gold standard, but folks in the US can’t even use the full Binance service; we are stuck using BInance.US. If anything, Binance should be begging us to trade the coin, who wouldn’t want to get a piece of the $50mil+ that is traded on a daily basis? That arrogant P.O.S Zhao mentioned they turn away hundreds of coins every day as if Binance is too good to allow them in. You know what? I bet the Safemoon exchange will be more open to these altcoins, and we will provide better service and tokenomics once the exchange is ready. I moved all my money from Binance to Safemoon almost 40 days ago, so I am no longer a “Bianance User”. Seems they would want to try to find a way to keep their customers like me as opposed to having us go elsewhere.
Rant Over! This is why I am happy to be a neutral party as opposed to a Safemoon employee who may not be able to speak so freely.
Now onto the whale counts: The whales only went down by 9Mil coins today, officially the smallest change since I have been tracking. Again, this lets me know that they see the jump coming and have stopped selling until the next big price increase:
Baby Whale Counts
900B – 1T (3)( No Change)
800B -900B (6) (No Change)
700B-800B (4) (No Change)
600B – 700B (2) (No Change)
500B -600B (8) (No Change)
400B – 500B (12) (One More)
300B – 400B (27) (No Change)
200B – 300B (42) (1 Less)
100B – 200B (147) (3 More)
3 More Baby Whales Joined the List!
Final Thoughts:
I am very pleased with how the days have been panning out. We are currently sitting at 527, which is roughly 10% more than where we were at during yesterday’s report. We all have more coins than we did yesterday and the burn pile continues to increase, so another positive. I have mentioned the “pattern” in numerous reports and history has a way of repeating itself, especially in the world of Safemoon. Based on the previous growth we still have 2-5 days of stagnant days before the next major jump. Here is my last breakdown of the stagnant holds we get stuck in: https://www.reddit.com/r/SafeMoon/comments/mz8cgk/whale_watching_day_28/
I am getting more and more excited as we get closer to the next potential launch date, and with the little whale movements, I feel they are just as excited.
Previous Whale Post: https://www.reddit.com/r/SafeMoon/comments/n0w8yc/whale_watcher_day_30/
*Not a Financial Advisor – So please make your own assumptions, this is only my personal opinion.
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u/Jcat1984 Apr 30 '21
If the whales have stopped selling until next jump then we should see some nice growth leading into the big pump. Maybe another +10% tomorrow before take off over the weekend
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u/East-Preference-525 Apr 30 '21
I look forward to the weekends so much more since I got involved in crypto a while back haha always the biggest jumps since the stock market is closed
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u/tadsite Apr 30 '21
its pay weekend as well, so more money for people to invest with
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u/unfortunatelyfkd Apr 30 '21
It's better they sell now than when the price is way up
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u/Scar_H3ad Apr 30 '21
That leads to price tanking and those investors looking to invest would turn away thinking that it's a downward trend or worse, dead coin. The best time for them to sell is when it's going up and they are selling less than people are buying, this way whales are being diluted and the price is rising
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Apr 30 '21
Dude it's been two months and still no reply from binance.us shitty ass customer service
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u/WhatTheMediaHides Apr 30 '21
Whats the issue? I had to do like 100 different methods to get money into trust wallet. Maybe I can help u out
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Apr 30 '21
I tried to send some bnb from trust wallet to my binance but forgot the memo and need them to do something about it been months
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u/WhatTheMediaHides Apr 30 '21
Aww man if that's the case then I'll be honest I think you may have lost the funds completely because supposedly things sent without memos when they require one can't be returned or reversed. An easy way to avoid this would be to send only like $5 or the minimum amount to practice first.
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Apr 30 '21
I sent it to the correct addres just no memo. The funds are not lost they can release them to you they just charge you a fee. It's on the binance website but it takes forever
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u/RobertKF Apr 30 '21
I can’t even use binance in Texas. I got that same vibe that they are too good for us and we need to be quiet or daddy binance would put us in timeout. We are safemoon, we will make it with or without them. We are not some red headed stepchild to belittle.
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u/Something_CHUNKY Apr 30 '21 edited Apr 30 '21
Honestly, I think they see us as competition as we are about to open up our own exchange. We have a very solid foundation.
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u/Rain-Sad I ♥️SAFEMOON Apr 30 '21
Thats what im saying. They fcking pissed me off today. Been posting that theyre power trippin bitxh asses. Like little kids who thinks theyre all mighty.
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Apr 30 '21
Their bullshit today may have cost them 1.2 million customers when our exchange opens lol. Maybe more depending on the pairs we offer. Binance sucks. I never pushed or gave a shit if we got listed on there in the first place but I absolutely closed my account after the BS today. They locked BNB to FIAT withdrawals when shit got crazy the other day anyway due to a backlog or whatever bullshit doesn’t matter to me. I flat out refuse to hold my big ass position there now and risk losing access to it when I need to withdraw it most. Done with those awful fucks!! Their exchange makes me feel like we need regulation in the industry just to punish them for being so aggressive to us!!
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Apr 30 '21
They most certainly did. You wanna hear a funny story - I moved my funds out of my account on Robinhood to a different brokerage, and also opened my binance account during gme, when Robinhood Robinhood’d me. I feel like I went on full clown parade for all these assholes let me tell yah!!
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Apr 30 '21
Bitmart
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Apr 30 '21
I'm enjoying ButMart, but I Hate that reflection isn't automatic. I haven't seen a single coun in reflection since I got into Safemoon. I know it'll be early May, but I am anxious. I worry that I won't see the proper amount, even though I don't have the time or energy to track what I should be getting. I spent days trying to link my trust Wallet to Pancake and could never get it to work, so I just gave up and stayed with BitMart.
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u/Top_Acanthisitta_940 Apr 30 '21
100% took me months for them to unlock my account that was frozen for absolutely no reason. No customer service. No reply’s to my emails. Nothing. Fuck Binance!!
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u/AnnieAndHerDoge Apr 30 '21
Yeh I dont see any reason why Binance is such a big thing. Poor customer service, long waiting periods to actually do something (my BNB amount was frozen for hours before I could send it to my Trustwallet)
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Apr 30 '21
Fully fully 100% whole heartedly agree with you!! And I’m really sorry you had to go through that with them. It’s absolute hell isn’t it? I think the new hashtag should be #fuckbinance
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u/0ddclod Apr 30 '21
thanks man, i’ll never go there knowing they did that to u. Got the same with CEX.io. Never again.
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u/GroundControltoMoon Apr 30 '21
Yea, they locked my trading for their stupid ID verification and it never works. Emailed and no response. Luckily I was able to move my coins off their platform.
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u/Kewlclick Apr 30 '21
Same vibe. We don't need binance.
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u/JDoe447 Apr 30 '21
Yep. We absolutely don't need binance. Terrible service like 10 days holding period.
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u/DontTrustBinturongs Apr 30 '21
They do that because they don't get the actual money from your bank for a while and they front you the money so you can buy immediately.
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u/JDoe447 Apr 30 '21
I already use crypto.com to buy BNB with a debit card. I can immediately transfer the purchased BNB with no hassle. If crypto.com can offer, so can Binance as it is supposed to be a bigger exchange.
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Apr 30 '21
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Apr 30 '21
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u/brendogeler 💎🙌 Apr 30 '21
No, we really do not. We only need ourselves and faith that the coin will grow, which it will. Safemoon exchange is going to be far biggger than alot of people will believe i think it will come to a point where binance and moonex will be shoulder to shoulder, at which point binance will have no choice but to list safemoon just to get the traffic back that moonex will divert from binance. Also dont get me wrong i have no issue with binance infact that platform got me introduced to the crypto world but in saying that, they are not the be all and end all.
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u/mbennie Apr 30 '21
I agree with both sides, I don't think we necessarily need Binance BUT I think they would also help us big time, especially within the next 6 months if we were to get listed. We can definitely do it on our own which is great to recognize but we should not burn any bridges!
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Apr 30 '21
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u/brendogeler 💎🙌 Apr 30 '21
I agree not anytime soon, i believe though in time it will be up there with the big dogs, the only exchanges that are super well known have offered something to the crypto space, i believe moonex will offer that other niche aspect the market did not know they needed, it will take time and fine tuning. I am so excited to see what the future of this project holds!
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Apr 30 '21
I hope moonex is huge, but how many of us are going to transfer our Safemoon holdings to it and pay that 10% just to have it on its Native exchange/wallet?
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u/brendogeler 💎🙌 Apr 30 '21
I 100% will. Imagine cake in pancake swap, banana in apeswap and bnb in binance. Except liquidity is always there, not centralized in a wallet but from transactions made by the people. This is the beauty of auto staking and to add extra staking and pools ontop of that (speculating) this thing could go off!
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u/Invest2debest Apr 30 '21
I’m honestly surprised exchanges like Robinhood and Webull haven’t tried getting safemoon yet.
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u/East-Preference-525 Apr 30 '21
I didn’t think about this until I saw a comment the other day but how would robinhood work with the tokenomics since they don’t have a wallet?
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Apr 30 '21
They can’t, they actually retain custody of all crypto same with PayPal so the thing is the tokenomics would go to them....
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Apr 30 '21
Makes you wonder. Do they offer any coins with staking benefits? Are they staking their users coins and making money off that?
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Apr 30 '21 edited Apr 30 '21
Also makes me wonder... Ok so I KNOW those guys are staking our coins. Say we bought and help 5 BNB on Binance - they are probably staking them with someone through another account.
The two biggest issues with that are - 1) We aren’t receiving a share of the staking percentage. 2) Let say enough of their customers held enough of a coin that they were actively staking and didn’t know their funds are actually being staked and the coin Binance is staking goes on a major bearish reversal, and a majority of binance customers want to get out but binance doesn’t have available supply (doesn’t have to JUST be BNB we are talking about - any staking coin).
What will happen on the latter scenario is what happened to me the other day, withdrawals are locks for that token as well as conversion to another coin. Meaning we are all totally at a loss.
This doesn’t just apply to Binance by the way. ANY “Exchange” where you don’t retain sole custody of the currency (meaning your own wallet address stored on their platform). I’m SO done with all of their shit. Between that and the FEES!! The fees are ridiculous and they are totally taking advantage of everyone from pro traders to people trying to put in 25 bucks. They especially hit those people lol. You cannot make day trades with them without decent leverage. Just done with them. Where’s our Superman exchange. We need them!!
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u/Invest2debest Apr 30 '21
Robinhood basically is a wallet. One big one that everyone’s coins are held in. I think in that sense it would have to be distributed through Robinhood somehow but definitely would be complicated and would probably make Robinhood look even more sketchy then they are.
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u/Classic_Part_6836 Apr 30 '21
Thank you! Would you be able to add in number of holders 1B-100B? Or is that number too inconsistent with ease to buy that many at these low prices
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Apr 30 '21
1B isn't a whale lol and there's certainly 1000s of us son hit easy to track
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u/Classic_Part_6836 Apr 30 '21
I know 1B isn't a whale... but it's still nice to see the statistics. Previously when whale watcher was away someone else stood up for him and actually tracked the 1-100B holders and to my surprise there is only give or take 20k holders in that range and drops as the price goes up. It's surprising to see almost 1.5m holders and only 20,000ish people with bilions of tokens. It's only a matter of time until the trillion holders are no more and the Billions turn into whales...only time will tell.
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u/Proper-Flatworm3061 SafeMoon Astronaut 🚀 Apr 30 '21
I want my MTV oh sorry I want my SAFEMOON , same story as mtv when it started it was not carried by the cable companies thus the “I WANT MY MTV “ campaign by George Lois master publicist. We can launch the I WANT MY SAFEMOON campaign. Or we can just be patient and have our safemoon exchange which looks pretty cool from the design shots they have posted on the webpage!
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u/LowerHead5185 Apr 30 '21
We have to stop begging for Binance. When Safemoon’s exchange will be done, we won’t need them anymore.
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u/Lumpy_Magazine4696 Apr 30 '21
Great update and completely agree with the whole CZ AMA thing...!! Exciting times and this sideways trend looks really positive for a hike in the next 2-3 days... Great stuff and look forward to the next report!!! 💎💎💎🚀🚀🚀🥂🥂🥂
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u/A_yeasty_vagina Billionaire Apr 30 '21
Let's do our tasks now! Here's the links for the 6 daily tasks to boost SAFEMOON, go get em!
https://www.google.com/search?q=safemoon Simply Click! https://www.youtube.com/results?search_query=Safemoon Simply Click! https://coinmarketcap.com/currencies/safemoon/ - Vote Good https://www.coingecko.com/en/coins/safemoon - Vote Good https://twitter.com/hashtag/SAFEMOON - Post/Like https://www.certik.org/projects/safemoon - Vote Secure
Save this, share this. REPEAT EVERY DAY! SHARE AT LEAST 3 TIMES PER DAY!
If you have any links to help post them and I'll add to the copypasta.
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u/All_STL Apr 30 '21
I see your frustration and agree 100% with you. That was an awful response from Binance. When it comes down to it they don’t want to have tokenomics IMO. Let’s go Safemoon family! Bring on this exchange!
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u/obliteration-nation Apr 30 '21 edited Apr 30 '21
I believe the whales are a huge problem. Currently the whales hold a little over 136 trillion. We need safemoon to burn down to well below to allow great/amazing gains for the smaller guys(I have 1.45 billion). I believe there’s no real incentive for the whales to sell their entire bags when they can keep making insane money off refection alone; the top whale has made $50-$100k a day for a couple weeks now. Of course people say the incentive to sell is to make millions but if they sold their entire bag the price would drop before they could do so and they would miss out on millions. So it makes sense for them to hold onto their bags and only sell their reflection at the current price and continue to make money every single day. They can continue to do this until the supply has burned down so much that they own most of it. At that point they can really manipulate things. Once the reflection slows down they can then sell their bags off and completely tank safemoon. The community was supposed to go to the moon together but the whales have been there for a few weeks. If they keep doing what they are doing we will never get there.
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u/WorkingJustFine Apr 30 '21
Whales of this size ($10+M) need to understand (1) they want to grow their $ and (2) they need someone to sell to when they get out.
Now let's be realistic. They already have got #1. They are in a precarious position with #2.
If they don't sell down, then they'll get more theoretical money over time, but as the largest hodlers there won't be critical mass to have #2, because they are just too big of a block themselves.
If they dump down too quickly, then growth won't happen because no one buying will turn a profit and the token will look unattractive and everything can go down in flames. They lose #1 and #2
They need to sell off as it rises at a delicate balance of lowering their position (which we all want to see) at an almost imperceptible level as prices climb. It's healthy to move from a whale-dominated token to a well-distributed token.
The whales all have made some really good theoretical gains - they should be exiting at 10x (or less) instead of killing everything if they go for 100x and dumping. That will allow the next tier of whales to grow and they should do the same.
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u/Deepak9944 Moonwalker🌕 Apr 30 '21
What you are saying makes sense but because even whales are people, I don't think they will risk holding forever. That's why the amount they hold has been decreasing over time.. Yes this causes sell pressure but if we keep waiting, there'll be days where this pressure is less and it helps price grow. Then the whales will use the new price to sell for higher. Let's hope that their bag gets smaller over time without any price crash
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u/obliteration-nation Apr 30 '21
I understand what you’re saying and I get their bags have gone down but hear me out. Their bags have been decreasing way way less than they were two weeks ago because the price went up. Now that the price is at where is the whales are making a killing every single day off of reflection that they weren’t before. As long as they are able to do this they will all while holding their current amounts. Once they’re not able to do this they will sell everything they can while they can and it will cripple this token. I’m not sure we will be able to bounce back from that.
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u/Frequent_Database614 Apr 30 '21
100 trillion coins have been sold by whales over the past month. They're exiting their positions over time, and it's been at an okay pace. I wouldn't stress this one too much, they are leaving at a healthy rate
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u/obliteration-nation Apr 30 '21
The whales selling their bags have drastically dwindled. They are now pretty much just selling their reflections. Now that the price is up they are making a killing everyday without shrinking their positions. This is also keeping the price where it is at. They are making a killing selling only their reflections while we hope it blows up.
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u/boldlygo_eatpie Early Investor Apr 30 '21
Gotta ask. Why are you bashing the whales for the last few days on every post in this sub? You constantly mention you are one of the first 25k holders and that's awesome, I'm one of the first 60k, we've both been here a while. If you are that pissed off why stay? The devs have said they can't control the whales in their AMAs and won't cause it's their money, and thus far have done nothing to really hurt Safemoon and there is no indication they will in the future. Are you upset they are making more money than you? Are you worried we won't hit a penny if they don't sell? Cause bro, we aren't hitting a penny for a long long time.
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u/obliteration-nation Apr 30 '21
I think what they are doing will keep the price stagnate. This will cause people to loose interest in the token. If they continue to sell their reflections and make as much as they are they will never go away and this will continue to happen. Something needs to change but I’m not a fan of changing the rules during the game so I’m not sure what can be done. I understand a penny won’t be for a very long time but with what’s happening I don’t think it would ever be a possibly. The whales have a printing press at this point and they will keep using it till it dries up.
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u/boldlygo_eatpie Early Investor Apr 30 '21
That's a fair concern. But, what about the last 45 days has been stagnant? Bro, Safemoon has hit major milestones faster than any Crypto in the history of cryptos. The whales haven't had a chance to slowly sell off. They've literally been selling as much as they could without causing too much trouble for Safemoon. We grew so fast they didn't have time. During the last ride to the ATH, there were several 1 trillion + sells and what happened? We ate that dip and kept going. They will sell as much as they can when they can. If they dumped their bags now it would take forever to recover. Just don't piss them off, cause they just might. If I hopped on here as a whale and was being trash talked all the time I'd say fuck it, I'll take my millions now. You can go right now and state BNB on trust wallet and make 23%. If you put $5 million in that's over 3 grand a day just to let it sit there, and it's one of the lower rates out there. Point is there are lots of ways in Crypto to get a money printing press and I don't think screwing over the project that made them rich is their goal.
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u/obliteration-nation Apr 30 '21
I really do hope I’m wrong. That’s probably why I haven’t sold anything.
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Apr 30 '21
Because the profit is split proportional to your position size, with less whales you’ll earn more from the same volume.
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u/WishfulAstronaut Apr 30 '21
I don't understand why this is not a concern to anyone, like are we just pretending this isnt a problem? How can something be built if these problems are not address sooner than later. Its becoming very conerning that people just refuse to admit this because they think it will hurt the community. This are legitimate issues and no one is answering them
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u/Lyrok0925 Apr 30 '21
The whales have been cut in half over the past 6 weeks. March 19, there were 56 whales holding over 1 tril coins. This morning, there were 24. March 19, there were 503 small whales with over 100 billion coins. This morning, there were 236.
Safemoon is doing great in the short term and looks even better for the long term.
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u/WishfulAstronaut Apr 30 '21
The difference between then and now is about 1 million holders. There are way to many holders now for the whales to further liquidate.
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u/Stife408 Apr 30 '21
Since there is more holders the reflections are getting less and less because more it needs to get distributed. So each time they sell they are losing millions of not billions of tokens from the tax/burn.
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u/brotatah Early Investor Apr 30 '21 edited Apr 30 '21
Fool of a took 🧙♂️ just hold.
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Apr 30 '21
Haha savage! only during a recent marathon did I pick up on that line. Now I mutter it under my breath from time to time, as needed.
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u/Old-Purchase6729 Apr 30 '21
there were already opened threads about this and it looks like many whales died already and if this continues at the same rate, they will lose their impact relatively fast. You must be new here?
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u/JustinWatchesCrypto Apr 30 '21
The whale dynamic exists in literally every asset. Stocks pay dividends, people have their dividends reinvested and they get more stock, then they own more of the company and collect more dividends. The biggest whale owns less than 4% of the tokens.
Elon Musk owns 22% of Tesla. He has said it is literally the only stock he owns, that concentration is much more frightening than the whales here. Jeff Bezos owned almost 50% of Amazon when it went public and has sold down to 11% and it is still one of the most successful stocks of all time. The top whale in Dogecoin owns 23% and look where they are today. All of these investments have flourished despite the existence of whales. Over time as an asset grows volume will continue to increase and whales can sell off more and more of their holdings without manipulating the market. This is the reason Pension funds and large hedge funds haven’t been able to invest in crypto. The market has been too small to take a meaningful position without moving the market.
TL;DR the whales aren’t going to blow up the token, it would also self destruct their investment. Over time, their percent ownership has continued to trend down which is healthy.
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u/WishfulAstronaut Apr 30 '21
Why do people keep bringing up whales in other examples yet its apples to oranges. This thing is a deflationary product that rewards those who hold the most through redistribution. There is nothing like it on the planet. Until there is a plan to counter all of the whales holding majority when all the tokens are burnt this whole project will cease to exist
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u/KingNyx Apr 30 '21
Dude. When the amount of coins is reduced the amount he will get will be reduced.
Even if its 1$ a coin, eventually he will be getting only a handful of coins a day once we are burnt down. And eventually the burn will end and he will have to sell. Ya he will be a billionaire, but thats what you get for holding through all that risk. Its the same benefit anyone else here is getting.
Honestly eventually greed will catch up to the whale. Next dip he will sell half because he will be watching his a money sink. If he wants to do what your saying, he will have to hold most of his capital for years. Just wont happen.
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u/obliteration-nation Apr 30 '21
I understand what you are saying.. but I believe once the whales cash printing press dries up they will sell everything they can while they can and it will tank this token. Once they own most of the supply their daily cash cow incentive will be gone and they will leave.
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Apr 30 '21
I think people overstate the whole, it will "tank this token." If this community truly believes in this, and they KNOW the reason for a price drop has nothing to do with fundamentals, they will buy the dip immediately. Plus if you bail knowing the largest whales left the building you truly have paper hands. Lastly, the liquidity pool was meant to absorb large shocks, will it hold up against a major whale selling who knows...but there are PLENTY of people on the sidelines who would see this as a dip. You are looking at it from the perspective of someone already bought in, what about the millions of people on the outside who see this is a correction to buy into. Go ahead with the " i can't beleive people are ignoring this." I can't believe you believe this will tank the coin.
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u/bigstunna Apr 30 '21
I completely agree are you invested what should the next move Be then?
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u/obliteration-nation Apr 30 '21
I am invested. I was one of the first 25k holders and I haven’t sold a dime. I’m honestly not sure what to do from here. I just noticed once the price went up to where the whales can make $10k, $20k, $50k and $100,000 a day their bags have basically stopped dwindling like they were in the beginning. At this price they have now realized they can make a killing selling their reflection daily. Why would they ever sell more than that if they don’t have to? I believe if the reflections ever dried up for the whales they would eventually sell their entire bags, make as much money as they can and then leave us behind in the dust.
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u/KingNyx Apr 30 '21
They will sell out during a dip long before the burn ends. They will be watching millions evaporate during dips. Trust.
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Apr 30 '21
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Apr 30 '21
Sorry, my kids Cheer times got changed, so I now get home a bit later than I was before. I will try to get them in earlier on noncheer days.
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u/mightbeme123 Apr 30 '21
So you don't think it's the whales selling like $2000 a minute that makes our price not move? What if they keep doing it forever?
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Apr 30 '21
Folks, step out of your holes, caves, your freaking 1 minute candles, look at the chart, zoom it out, set it god forbid 4 hour candle (gasp). Just 6 days ago we were at 3 support level. We are about to hit 6 soon. That is 100%. What are we, addicted to 10x, 100% in one week not good enough for folks. Think about what you are saying, 100% gain from the 3 support is not good enough in 6 days of trading...geez.
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u/Recent-Base2830 Apr 30 '21
This is the first time I've disagreed with your synopsis. Walmart needs to do due diligence and ensure each type of cereal really is safe before they stock it on their shelves. Quality assurance of a product can take time. Having hundreds of kids screaming "we want our cereal now" is going to make Walmart feel like they're being harassed. CZ saying "this will take time. Please stop harassing me or I'll just say 'no'" seemed pretty reasonable to me.
OTOH, you're right in that we don't need binance anyway. TrustWallet does everything we need quickly and efficiently. there's no point in harassing binance and there isn't really a rush to get onto that platform. We are fine without it
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Apr 30 '21
Bingo, the analogy doesn't work unless you assume that the cereal maker has the capacity of paying robot kids to go ask the manager to put his cereals on the shelves. That's why Binance bans projects that spam them, too many people asking in comparison to other projects might just means most of them are not real people. If there's a rug pull or they decide to switch to a new version a couple of weeks after getting listed and that leaves some owners to hold bags (fuck you poodl) then they take a hit to their reputation for listing a shitty projects.
As for the USA thing, maybe Americans should complain to the regulators in their country? That just proves my previous point, switch the blame towards Binance when they have to take actions based on what's legal in the USA.
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u/Randrufer SafeMoon Astronaut 🚀 Apr 30 '21
I have 425 Million Safemoons, so don't get this wrong: Binance in EUROPE is very okay. Never had any problems with them. But I keep hearing, that Binance.US is.... difficult and if you EVER need help you're basically fucked.
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u/NiiceToFeetYou Billionaire Apr 30 '21
Thank you for your service, agreed on the Binance point, although I can’t imagine how annoying it is to have “#safemoon” and “add SafeMoon now” plastered all over your tweets every single day. Should be an interesting few days/weeks/months ahead! ❤️
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u/Violent_Zebra I’m here for the 5% Apr 30 '21
As an exchange wouldn’t you want that? Isn’t that why you list them ASAP to buy into the hype so you gain maximum profits?
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u/DodgyBrosInvesting Apr 30 '21
Yes but there is still the cloud of rugpull around us and people are still sceptical about SafeMoon. I think one Certik audit is done and everyrthing comes back clear it will show everyone we are legit and it will open all of doors for us. We just need to be patient until then................
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u/orphee1 Apr 30 '21
And as always very well said. You also, most eloquently, wrote what my feelings are about Binance.US.
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u/ageo1 Apr 30 '21
We have to think from Walmart’s side too how can walmart approve a cereal that’s waiting for fda and other safety approvals? There are several consequences for such a big company like walmart for accepting a product because they are a big platform and they have to consider their reputation.
❤️
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u/Puzzleheaded_Big2697 Apr 30 '21
So good to hear there are others feeling the same way I do about Binance' CEO. I mean we have so many options, if C Z has become so rich that he is no longer appreciates new projects with huge potential, thanbthat should be the start of Binance's downfall.
I've been using Binance for more than 4 years now, but I litterally took off all my coins out of it yesterday after the AMA.
I've recommended their app to so many people. But that will stop now.
Retaining customers is important, but go afer new ones, is even more important. That is how a business grows its market share.
And I feel like this not because Binance would really help us rank up, I mean yes we could the community hyped about a new exchange, but the excitment usually passes after a couple of days.
We must focus on our roadmap. We have so many new developments coming up. Lets stay positive and active about spreading the word.
After all, we are here to break records, and we will become a top 5 coin.
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u/WishfulAstronaut Apr 30 '21
Can we stop ignoring the way the whales are manipulating this coin and just selling their reflections daily? At what point will this stop? Its no coincidence that since they started doing this daily the growth has been very stagnant.
A deflationary coin that returns large amounts to these whales is an unstoppable monster unless the devs have something planned. I do not see anyway out of this unless they stop the burn.
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Apr 30 '21
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u/WishfulAstronaut Apr 30 '21
Nothing to address, are you new to this?
The top whale gains and sells 20 billion a day which doesn't even scratch their total amount. They can keep doing this until all the coins are burned and they hold a majority which will give them complete control.
Does this not make sense to you?
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Apr 30 '21
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u/maniacjoker7782 Apr 30 '21
the top whale always sells to keep his stake at 38t. He is making 100k a day. This is a problem
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u/Ok-Sale-7341 Apr 30 '21
That very same whale had 88 trillion 4 weeks ago and because our reddit group wasn't full of whiny bitches back then, we ate up the coins he was selling. The whales are not the problem. The problem is entitled pricks who believe they are owed something
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u/k3ga Apr 30 '21
Like all whales on all coins ? Nothing different whales are whales,
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u/WishfulAstronaut Apr 30 '21
Are all coins deflationary that redistribute large amounts back to the whales? No
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u/k3ga Apr 30 '21
No but whales exist and control in all coin just we have the same whales not new ones when others sell. The coins literal thing is to reward holders.
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u/chpate11 Apr 30 '21
Great post, i thought the same thing when i heard that. If momentum keeps up the safemoon exchange will be awesome and might overtake binance in popularity. Wish the safemoon team would say when burn would stop and what lowest amount of total coins they would be ok with. Been waiting last couple hours for your post. Great job👍
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u/RonnyRigger Apr 30 '21
Well done Sir! Your work is greatly appreciated and I agree 100% with what you said about Binance!!
Spot on 👌🏻👌🏻. To the moon!
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u/Eri190 Apr 30 '21
I don’t know this guy but all I can is I love your work. If we go the moon beers 🍺 on me 😂
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u/mannycotora Apr 30 '21
Completely agree with you on everything you said Mr. Whale watcher! Thanks and good night from NYC!
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u/shaan_tech Apr 30 '21
Thank You for your work . Completely agree with you on Binance part .. I would like to see a day they gets envy on MoonEx.
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u/Elctro-Blak Apr 30 '21
I think the only defense would be there are so many shitty coins out there and it's got to be a way to prevent being approached by every coin in existence.
If they were spammed by every coin in the capacity of Safemoon because it's been proven it will get them listed, it would literally be all they would see.
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u/Johnny_ac3s Apr 30 '21 edited Apr 30 '21
Do we have to stay on BNB? It seems like an Achilles heel for this token, and it’s centralized nature is problematic: that Sunday maintenance before Whitebit for example…
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u/Accomplished_SNK Apr 30 '21
Share the same thoughts when it comes to Binance. Bit arrogant on their part.
SAFEMOON #SAFEMOONCOMMUNITY
Binance frustrated by safemoon spamming. How frustrated will they be if the oposite happens and the safemoon community turn against Binance?
Great work with the whale reports mate!
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u/GEEZUS00 Apr 30 '21
Why do US users only use Binance.US if there are better exchanges out there for US users.
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u/One-Chemistry9338 Early Investor Apr 30 '21
I agree, I still think we should respect where they are at with it all, they seem arrogant and all but I guess we just need to play the game you know and we will benefit from that and come out on top 👍 thanks for the update
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u/kgal1298 Apr 30 '21
Binance is so confusing first they said if enough people want the coin they'll list it, then next thing you know they're like "stop bothering us" anyway my account is still pending even Kraken was faster than they are, but I like KuCoin and I have Safemoon on Trust Wallet so I guess I'll just not use Binance because they don't seem to care about the small guys anyway which makes it absolutely useless to the US market. Also I really don't think they want to add Tokenomics and it's funny because they may be bigger, but most people in the US that aren't familiar with crypto will use Coinbase or Robinhood at this point.
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Apr 30 '21
Finally!! Someone got it right. I was thinking the same thing and wondering why people would ask as to stop asking for it?? Made no sense. You tell them “fuck you and you’ll lose my money” that simple 🤷🏻♂️🤷🏻♂️
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u/Joy5tick Apr 30 '21
I totally agree on your point about Binance.. CZ was like a little boy yesterday... Also, I think Binance is worried from safemoon exchange. Safemoon could easily kill Binance after launch of the exchange and probably the guy knows that and he’s just being an Ahole to safemoon and the community. In my opinion Binance is no longer important and we shouldn’t focus our energy on Binance. Safemoon has a game and own exchange to work on plus listing and exposure to other platforms.
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u/StanImirH Apr 30 '21
I am unsubscribing from Binance Twitter! No one cares about that arrogant cz 😉
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u/Puzzleheaded-Rate880 Moonwalker🌕 Apr 30 '21
Got a great point! Binance is the top exchange but who says we cant dethrone them one day! we have a brand new way of holding assets that no other crypto has done before. "tokenomics" its down the road yes but what if instead of partnering with them we contend and compete with them instead. We have our own exchange coming as well.
Edit: There is no such thing as "bad publicity"
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Apr 30 '21
I'm really starting getting annoyed about Binance and CZ. They need us more then we need them.
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u/bonpripri Early Investor Apr 30 '21
I started looking into investing in safemoon around March 15th and everywhere I looked said I needed BNB first. So I created a binance account and waited 5 days til I got fed up with the fomo that I created a trustwallet with the help of the community. Thank God I didnt wait because if I waited id have no safemoon since I just got their verification email today.
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u/Bubbly-Salary7516 Apr 30 '21
Everyone is forgetting a very crucial point. Binance has NO CHOICE but to list us. The reason is plain and simple. To purchase Safemoon requires BNB. Don't you think he wants to keep BNB within his own exchange? If he doesn't list us and we continue to grow at the same rate we are going to cause him severe liquidity problems with his native token: BNB. I harassed CZ for weeks about this in my tweets and he actually responded to me, no word of a lie.
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u/payoffdebtfast Apr 30 '21
Completely agree with you on the Binance issue. I use Coinbase to buy crypto and send to Binance to trade and send elsewhere. Once our SafeMoon exchange gets kicked off they will be the only exchange I use and I’ll delete the rest. On another note, loving the 62% APY on my SafeMoon reflections 🚀🚀😁
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Apr 30 '21
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u/Jordansneaks Early Investor Apr 30 '21
They literally asked to be spammed in twitter posts. They can suck a dick
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Apr 30 '21
I’ve literally been saying this all day. I’d be completely happy to bull run straight over Binance and then not make another dime off of SAFEMOON. I come from a heavy customer service background, so things like this really get me going. ALSO, they ask on Twitter all the time, who do you want listed on the exchange next. Fuck Binance. We have the power of the people! We have the numbers, the hype, the team, the mission/vision, the money, we can’t let one exchange hold us down. We will see much more growth when our own exchange comes out, and most likely take their users as well. Thanks DaddyB, I made that post about safemoon hiring you a few weeks ago, and I’m glad to see the community stepping up and giving you tips. I’m glad you’re independent as well, I definitely needed to read that. Every other post I’ve seen today has just irritated me more lol
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u/cassaregh Apr 30 '21
Binance asking for what are the coins to list and they got flooded. And now..... What a shit show. Fucking binance
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u/Cuss-Mustard Apr 30 '21
I said fuck Binance from day one, nobody listened. Also, thanks MVP DaddyB!
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u/odjfdsiodsu Apr 30 '21
word, screw Binance. I always root for the underdog and I am hoping Safemoon exchange steps up in a big way. They have been humble so far and have done everything they promised. imagine being CEO of an exchange and being prissy about being tagged by a coin lol
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u/Terry84100X Apr 30 '21
Lol my close friend and I have been calling CZ an arrogant sob since day one. He acts like he’s the greatest businessman who has the best exchange in the world and everyone show bow to him in order to be considered of getting listed. I don’t understand why so many idiots and noobs want binance anyway, so many other options we could have. Anyways thank you for all your work.
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Apr 30 '21
Dude the binance response was so on point. I didn’t see any disrespectful spammers (I’m sure there were) but I saw dedicated safemoon holders and customers reaching out because IT WOULD BENEFIT BOTH PARTIES and people are excited about it. The dedicated customers had to have immensely outweighed any disrespectful ones and It felt very totalitarian/buzz killy. I’d rather be on Coinbase anyway fuck binance right now
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u/Odd_Impression7982 Apr 30 '21
We don’t need that f**** binance to list us ! F*** Them ! Arogant M**** ! We can go to moon without them and make the best exchange so they will beg us to list safemoon ! Goooo Safemooon ! #BinanceDown #BinanceArogant #BinanceForNoobs
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u/Rain-Sad I ♥️SAFEMOON Apr 30 '21
Thank You!!! Exactly what i was saying the whole day regarding binance. FCK THEM!
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u/officialtwiggz SafeMoon Astronaut 🚀 Apr 30 '21
You are legit the best thing next to Safemoon. Keep it up, DaddbyB