TradingView is letting me give away 4 annual subs for their Black Friday Sale.
Here are the rules:
- Like & RT this post
- Guess the price of Bitcoin at 14:00 UTC 11/25
- One guess per person
Top 4 closest win.
& check out the sale here ➡️https://t.co/JxFhffvuzo
Hong Kong has the "best ingredients" to become the Web 3 hub in the world, @9gagceo says.
The CEO of @Memeland is excited to build in Hong Kong, with its easy access to China, low tax and the existing infrastructure.
Since guys on my team advised on the @pain deal I got a bit of insight into how these launches work.
First observation: snipers
1) Snipers were able to buy supply before the full LP was finished setting up on Meteora. The snipers spent $40k in fees fighting for first block access. This led to the chart going ballistic for the first 10 minutes. Was hard to avoid, despite working w the best in the biz at launches.
2) The snipers ended up having market orders that went out of control, sending the chart to $2bn. This was before anyone even received their airdrop.
3) The two casualties of it all were (a) the snipers who overpaid and lost a ton (buying from other snipers who were better) and (b) the chart (attached). Things settled to the $120mn range in about 15 minutes, once people started getting airdrops.
Second observation: fake Dexscreener page
4) A scammer set up a token with the name of the contract address as the token name. This made anyone who input the CA into dexscreener search get a fake token that ended up sucking up 6-figs of liquidity. There are so many scam tokens doing real volume. Awful to see.
5) To avoid this, you need to input the CA directly into the URL as opposed to searching anything on DexScreener. Only way. The scams spoof volume too to make them seem real.
Third observation: the team
6) The guys who worked w Harold recognize the environment we're in and wanted to make things as smooth as possible for the pre-salers and the community. All unreturned money from the pre-sale went into providing liquidity. Nice to see pre-salers have a W right now.
Just wanted to put this out as a warning about the CA scam and a bit of insight that I got to see about snipers and how these launches work.
Dear People in Pain,
Thanks again for your overwhelming support of $PAIN.
But I fucked up.
I meant to dump on you like Hayden, but I accidentally locked my share of $PAIN for 20 years.
I can only unlock my $PAIN on my 100th birthday. You are all invited.
Yours Painfully,
Harold
Dear People in Pain,
Waiting is painful.
So, I want to give you some updates:
• My team is working hard with the right partners to ensure that $PAIN's launch is painless and fair.
• The 80% refund will be airdropped to eligible wallets before $PAIN is available for trading, so you can get more $PAIN if you want.
• $PAIN will also be airdropped to eligible wallets. We will announce the official contract address and tokenomics on X and our website (https://t.co/mSqfwzy6c1).
• There will not be any claim. Do not click on scam links or fake tokens to inflict more pain on yourself. Enough is enough.
Yours Painfully,
Harold