Surf bros... I'm getting a bit sea sick here...
Surf bros... I'm getting a bit sea sick here
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It do be like that
lol
Told you that shit was a rugpull.
it wasn't a rugpull, the devs did a "buyback" that backfired hard
There were 3 possible scenarios for the buyback:
-price goes up after buyback
-price stays the same after buyback = people dump because they bought Surf since they expected it would pump
-price crashes after buyback
The price crashing was much more likely than the price going back up, especially because many people had voiced their intention to dump during the buyback
Regardless, this is devastating to the project
-Many people believe price is a derivative of the fundamental value of the project, so something that falls 50% in a single day usually has something wrong with it
-People burned by the buyback will now actively FUD the project out of anger
-Discord/Telegram chat will now be much more negative
-Clones will be created by former holders (look at the large amount of CORE clones created after CORE fell from its ATH)
All the points above will drive potential buyers away, resulting in a death spiral
>-Many people believe price is a derivative of the fundamental value of the project, so something that falls 50% in a single day usually has something wrong with it
Name something wrong with this belief.
The experiment failed miserably
I made a decent profit on this, oh well it was fun for what it is what - a different farming shitcoin.
How the fuck do I convert my LP tokens back into ETH? Once I unstake I just have these worthless LP tokens that it gives me no options to do anything with besides stake again
Click remove liquidity on their site it'll take you to uniswap and youll get your ETH and whatever else you were pooling back
the devs went silent after their event backfired. expect a rug pull
surf n JusDefi
>>-Many people believe price is a derivative of the fundamental value of the project, so something that falls 50% in a single day usually has something wrong with it
>Name something wrong with this belief.
Dentacoin
>devs announce a "reverse buyback"
>dump SURF to buy back their ETH they put in originally
>price collapses
literally unironaically scammed
At least the admins arent crybabies who blame the community for their problems like nyans
aaaaaaaaaaaa
If their intention was to scam they would have simply withdrew everything instead of doing the "buyback", since the price falling means that people will pull funds out of the platform, which means that they'd get less from rugging
>price doesn't matter
>wait for the whirlpool
>it's surf that's in the whirlpool
>whirlpool price is going down
are the devs being wilfully ignorant on purpose or what?
I feel so stupid not selling earlier, watched the price dump all the way to $1.1 before I sold. Still made a small profit but blergh.
Yeah, first supposedly improved fork is already in, ski.finance, I might ape in with some of the SURF profits on launch
are we done with these retarded farming scams yet? there is absolutely no reason for any of them, and they always dump....because that's what happens when you constantly expand the circulating supply and give tokens to retards for free.
wheewww glad i was smart with this one. sold all my farmed tokens >$1. i knew the inflation will kick its ass. realistically can go down to .10 - .3
Wow, no way! Another anonymous pump and dump scam. /s
Get into legitimate projects where devs have revealed themselves, have working products, and aren't yet another copy and paste finance / food farming ponzi with 100000% APY's.
This project is legitimate as could be:
blog.cryptokek.com
They have a working analytics dashboard stats.cryptokek.com functional DAO, a YouTube channel, Blog articles, and a kick ass community to boot.
The token code base is fully audited and secure and there are no backdoors to prevent selling or transferring of tokens like so many recent scams. The ability to mint tokens was permanently disabled too. A truly hard capped cryptocurrency driven by the community.
A true diamond in the rough.
Why would you ever buy anything being spammed in random threads. Obvious scam. Everywhere I went for a couple of days it was You mus surf with us sir. Ride the wave of poo
I feel even more retarded because I'm still holding
You should be all in on TOMO sir.
I’m holding AND buying the dip. Phase 2 hasn’t started yet, better to evaluate price one the whirlypool opens.
>I’m holding AND buying the dip
I WANT MY MONEY BACK
The devs keep selling their surf saying they're 'compounding' or some shit and their followers lap it up saying its bullish. Its a cult at this point. We have to save these people, waco style if necessary
the devs claim that price doesnt matter now because they have apps that will provide a use case.