Someone lost $80,000 using Balancer Pools

Ouch. People really need to stop using protocols they don't know how to use.


etherscan.io/address/0xf1ad4bfdf8829d55ec0ce7900ef9d122b2610673#comments

Attached: Screenshot_20200629-102547.jpg (1080x2160, 829.11K)

*inhales*
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

Even the nice guys get hurt.

A lot of people are getting rekt using Balancer lollol

How exactly did this happen

How can you land this much money to be so fucking reckless with it.

Typical LINK holder.

It looks like the user set the ratios incorrectly between Chainlink and DMG since DMG didn't have any pricing on Balancer yet.

Based. Linkies deserve thsi

Based

That guy is definitely on Zig Forums

Let this be a lesson. Store your stinkies away and don't fucking touch them, because the only reason you even have them is you are LUCKY and the chances are you are probably fucking retarded and anything you do with them to try to better yourself is going to fuck you in the long run.

A lot of people have made this amount and way more in crypto off of initial investments as little as $1000. They still think about it as if it's $1000, and they start to believe the $80k will turn into $8 million one day so what's $80k in the scheme of things. They don't ever stop to think "this $80k came out of thin air and it can disappear out of thin air just as easily, maybe I should secure at least some of it".

Balancer will probably refund him as well like they're doing with those sta tokens that got rekt yesterday.

medfen on suicide watch

but i warned people on every single fucking thread about them putting link into balancer

They were shilling people on the belief that putting their link coin in balancer would earn them 6% every week. Who believes that

0 pity for defi crash test dummies
and i'm pro eth and pro defi

Vitalik can always roll back Ethereum if there's ever a big hack

Faq
Q:Are my funds at risk? whats the downside?
A:Your funds are never at risk and always yours! 10% daily returns!

this is why the SEC will eventually ruin everything.

>Vitalik can always roll back Ethereum if there's ever a big hack

It would have to be another for fork, Etheruem classic, the current would become Etheruem Boogaloo, then the new Etheruem.

Some mathfag tell us how much that nico guy lost in the dmg sale directly+unrealized profits now that it's $1.20. Back at $0.8 people were saying he lost $50k

He should've received around 50k dmg tokens but only received 9k

that's a lot of dmg

The same guy threaten to sue DMM when this happened, then threaten to sue Balancer Labs yesterday after the STA hack

I dont think ETH would actually fork again unless it's something major.

I made $1000 by manually arbitraging mispriced pools. (not this one). There was a short period of time before anyone managed to write a bot

not a fortune but nice payout for one transaction

You can do this with coins that aren't whitelisted and their price isn't picked up by Balancer Labs yet. People will have to figure out their own ratios if they want to create new pools with these tokens, which could end up in huge fuck ups

this i would never risk more than 10k now
the insane depression and regret these people are going to feel in a few years when the next altcoin cycle comes around is going to be insane
when 400 eth is going to be like 1.2m or something lol

>medfen on suicide watch

medfren has had a pretty hard week

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All the rollbacks for bitcoin stopped once ETH was created this is undeniable evidence that lord vitalik is actually part of team Satoshi, along with Finney and Sergey.

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yep im up quite a bit and still catch myself

Lmao this dude is gonna rope himself in a few years.

imagine getting scammed because you decided to send your crypto into a ponzi scheme that markets itself as a defi platform.