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Crypto currency

ax1 said:
Safemoon is an entire ecosystem including their own exchange, not just a token. There is going to be a "cold" wallet coming out soon too. There will be a full tokenomics system for all coins (such as earning coin just for holding bitcoin) although thats going to work on the exchange, and I just assume the wallet will be integrated but I dunno how this will all work and if it will work directly on the wallet.

The wallet is going to be better interface that trustwallet, implement saved contacts and hold other tokens, and will have a reliable price which has been a constant problem with trustwallet.

You will be able to buy tokens directly, but this feature probably wont be on right away.

You should be able to transfer from trustwallet to safemoon wallet for free, but be aware Bitmart is under control of a centralized system so its going to be their own final call. I just transferred mine out and they took all the tokenomics out as a fee ahead of time instead of losing the tokens over the transfer.

There is going to be fun stuff on the wallet such as "savings jar" and setting goals. Potential to buy goods and services.

Hold to cancel feature, such as setting yourself 10 seconds to change your mind if you make a mistake.

Physical Safemoon Card may be implemented into the app, not sure if confirmed but probably.

Built in crypo calculator, probably also useful for tokenomics.

Safemoon is trying to build an empire.
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Much more in depth overview.
 
If you guys want to see how much reflections you can earn you can go on safemoonmark.com and go to the calculator.

If you own a billion Safemoon and Safemoon hits $1 billion dollars in volume you can earn $50 a day on reflections, as long as thats a feature. Doesnt matter what the price is, all that matters is 24 hour volume. Of course, price matters afterwards but not relevant to reflections.

Right now Safemoon is about $13 million, I have a billion Safemoon and Im getting 70 cents, lol.

In comparison Dogecoin has about 1.8 billion.

Once the exchange comes out Id expect volume to pick up significantly.

Safemoon Joe breaks it all down from yesterday's video.

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ax1 said:
If you guys want to see how much reflections you can earn you can go on safemoonmark.com and go to the calculator.

If you own a billion Safemoon and Safemoon hits $1 billion dollars in volume you can earn $50 a day on reflections, as long as thats a feature. Doesnt matter what the price is, all that matters is 24 hour volume. Of course, price matters afterwards but not relevant to reflections.

Right now Safemoon is about $13 million, I have a billion Safemoon and Im getting 70 cents, lol.

In comparison Dogecoin has about 1.8 billion.

Once the exchange comes out Id expect volume to pick up significantly.

Safemoon Joe breaks it all down from yesterday's video.

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that means i would be getting .07cents
 
Tomorrow is the big day for Shiba Inu....we all finally get paid and find out how (those who held a full 7 days) much the APY.

BONE is about $4.20 each now, we will be getting paid in that but in staked form (Woof) as well as WETH which is wrapped ETH.

In addition we all get a pool created from the fees (collected 0.1% of all the eth fees) paid in xShib, which is staked Shib.

Unlike traditional staking where you have to stake your earnings, via xShib, this will automatically reduce the circulating supply which may effect price, we will see but it should influence it.

So we are going to gain 3 tokens in total. Will post results staking 180 million.

For those of you who have energy to do liquidity pairs, the apr is upward reaching almost 200-400%.
(link to liquidity pair apy)
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Keep in mind you going to need eth to stake, I spend almost $20 worth to get there.

Full detail breakdown

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So much going on lol
 
Safemoon briefly hit the 26s…if this hits under 25 I’ll pull money out of a tree and top my stash off.
 
Alright gents, finally filled my MTV, Sylo and DSLA bags to my liking. I'm not adding anymore money into crypto until amc squeezes. Hopefully we can get out of this correction/dip/bear/whatever were calling it soon.
 
GreenMachineX said:
Alright gents, finally filled my MTV, Sylo and DSLA bags to my liking. I'm not adding anymore money into crypto until amc squeezes. Hopefully we can get out of this correction/dip/bear/whatever were calling it soon.
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Its been hard for me not to buy more Safemoon!

Just give me squeeze first, out of correction afterwards!
 
Safemoon and Simplex update, sounds really good.

Simplex usually charges 15% directly through them, but as a partner fees will be 2-5% with a minimum $10 purchase. This does not include any other fees that a platform charges outside of Simplex and the 2-5% fee range there are no clarifications for that as of yet.
 
ax1 said:
I’ll be taking a break from buying crypto for a long while…still be participating in here though keeping up to date and posting news.
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Damn, just 7 days later I lied to myself and just picked up another 67 million safemoon, lol
 
Whisky said:
how much is a billion worth in real money right now?
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At this current dip 1 billion even is about $2,700. It’s currently floating around $0.0000027.

I’m still averaging down as I did get a small chunk when it was higher but I did dramatically get my average down these past 3 weeks and more than doubled my holdings.
 
Samemoon AMA updates

Open Beta wallet is getting near, still in closed Beta with 500 users

Safemoon is working hard to not only eliminate the tokenomics fee from wallet to wallet, but from Bitmart to the Safemoon wallet as well minus whatever the exchange charges of course.

Documentary in the making. Safemoon is as of right now being filmed/documented by a documentary team for a potential future movie on Netflix.

*****Safemoon credit card will contribute to volume....although tokenomics will be waived, the transfer of Safemoon to Fiat will have its volume accounted for and will somehow still help with reflections....more on this later.

Simplex wallet fees as I posted earlier today.....Simplex feature will not be available right away.

John just tested positive for the CCP-Virus and the other guy is in isolation as well.

All from the hard work of Safemoon Joe summarizing the event. Key points all posted above to save time for you busy people
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Whisky said:
how much is a billion worth in real money right now?
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Forgot this, when you buy there is a 10% tokenomics fee so you would need to buy 1.1 billion if you want a billion. This is for pancake swap of course, dunno what the deal is with centralized exchanges but I’d guess they would charge that one way or another such as simply raising the token cost.
 
ax1 said:
Tomorrow is the big day for Shiba Inu....we all finally get paid and find out how (those who held a full 7 days) much the APY.

BONE is about $4.20 each now, we will be getting paid in that but in staked form (Woof) as well as WETH which is wrapped ETH.

In addition we all get a pool created from the fees (collected 0.1% of all the eth fees) paid in xShib, which is staked Shib.

Unlike traditional staking where you have to stake your earnings, via xShib, this will automatically reduce the circulating supply which may effect price, we will see but it should influence it.

So we are going to gain 3 tokens in total. Will post results staking 180 million.

For those of you who have energy to do liquidity pairs, the apr is upward reaching almost 200-400%.
(link to liquidity pair apy)
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Keep in mind you going to need eth to stake, I spend almost $20 worth to get there.

Full detail breakdown

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What was your Shiba staking earnings?
 
GreenMachineX said:
What was your Shiba staking earnings?
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Sorry forgot to post it.

So all I did was a basic stake, called bury. Alot of other people did liquidity pairs who turned out far better than I since the 2 week liquidity event offered them the most.

Staking 180 million Shiba I earned about 7 Bone's worth $3.60 each at the moment along with a couple bucks worth of wrapped eth.

Also earned 3,300 Shiba.

All together about $27 in rewards in todays value.

Only 1/3rd of the Bone's and Eth are available, the rest are locked for 6 months.

I can stake the couple of BONE I have available (2.3869 to be exact) as well, but it costs about $8 in eth to stake them!!!!!! Will wait to build these up and for Ethereum V2 to come out which will address insane eth fees.

After some time rewards for Bone and Eth will be about 1/10th of what it is now.

I could have prepared for this a little better and gone with liquidity pairs but these insane eth fees held me back from playing around. It probably would have been worth it if I did but I would have to get about an additional $1,200 worth of eth or purchase BONE seperatly to make the pairs that paid the most, and Ive been putting my funds into Safemoon.

BONE is limited to 250,000,000, so the potential for higher value is there if this ecosystem is a success.
 
ax1 said:
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I might not be seeing it, but how long did it take to earn $27, $9 of which is immediately available? And how much $ is that staked? I'm looking at staking all around because there's nothing easier than passive income. I'll be staking the mtv I just bought and it's at 40% apr right now.

Edit: meant to quote your other post.
 
GreenMachineX said:
I might not be seeing it, but how long did it take to earn $27, $9 of which is immediately available? And how much $ is that staked? I'm looking at staking all around because there's nothing easier than passive income. I'll be staking the mtv I just bought and it's at 40% apr right now.

Edit: meant to quote your other post.
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Payments are weekly but this first week may have been 11 days Im not sure. I should have marked down the date.

I have 180 million staked, I cant see my value right now since its in xShib but it was over $1,300 worth of Shib (at one point that hit almost $7k before Vitalik did his thing, ggrrrr)

The liquidity event is in full effect for 2 weeks and dwindles down.

You want to go to Shibaswap.com and go to woof but here is the direct link so you can see what type of liquidity pairs work the best. Keep in mind that your going to hate the eth gas fees!
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ax1 said:
Payments are weekly but this first week may have been 11 days Im not sure. I should have marked down the date.

I have 180 million staked, I cant see my value right now since its in xShib but it was over $1,300 worth of Shib (at one point that hit almost $7k before Vitalik did his thing, ggrrrr)

The liquidity event is in full effect for 2 weeks and dwindles down.

You want to go to Shibaswap.com and go to woof but here is the direct link so you can see what type of liquidity pairs work the best. Keep in mind that your going to hate the eth gas fees!
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Gotcha. Yeah, so a pretty low return as well it seems. I'll stick with what I got and add MTV staking when I get the chance.
 
GreenMachineX said:
Gotcha. Yeah, so a pretty low return as well it seems. I'll stick with what I got and add MTV staking when I get the chance.
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I have a long term outlook on Shiba, will hold for years if I have to unless I hear something. Collecting coins along the way is nice, but surely Im depending on the success of the coin. Im much more bullish on Safemoon of course.
 
damn getting beat down so much

ETH 1760
BTC under 30K
vet .05

not even looking at my shib and safemoon lol
 
Picked up another 240 million Safemoon, now on the 1.559 billion mark. Having 1.3 billion just didn’t look right.
 
Math on 1.56 billion Safemoon.

If we get volume up to 1 billion a day that’s $78 a day in reflections, market price doesn’t matter. (Right now we only generate 15 million in volume)

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A consistent 1 billion average a day in volume gets me to 3.392 billion safemoon.

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Keep in mind Safemoon’ speak was seeing about 150 million in volume a day simply running as a meme stock with no products.
 
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My previous post is edited, I posted I make $8 in reflections, that was wrong.

If we have 1 billion in volume 1.56 billion safemoon will turn to 3.392 billion safemoons after reflections giving me a current market value of almost 8k based on today's price and we hypothetically averaged 1 billion in volume from today on....of course we are only at 15 million daily.
 
GreenMachineX said:
You passed me! Noooooooo!!!! lol
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I thought you still had more than me??? LOL

I couldnt resist the price, but if it goes lower down under the 20s I dont mind, Ill buy more.

This is a big gamble on my part and for now by far my biggest holding.

I see alot of people feeling like shyt about Safemoon when nothing has fundamentally changed about the company, they have only confirmed what looks like an entire independent (with bridges to other platforms) ecosystem since a couple of months ago.
 
ax1 said:
I thought you still had more than me??? LOL

I couldnt resist the price, but if it goes lower down under the 20s I dont mind, Ill buy more.

This is a big gamble on my part and for now by far my biggest holding.

I see alot of people feeling like shyt about Safemoon when nothing has fundamentally changed about the company, they have only confirmed what looks like an entire independent (with bridges to other platforms) ecosystem since a couple of months ago.
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Nah, you win! lol
The only way I'd buy more safemoon is if AMC squeezes. Otherwise, any more new money goes to more MTV, ADA or Matic. Eventually I want to get 1000 ADA like Cheeky Crypto talks about.
 
GreenMachineX said:
Nah, you win! lol
The only way I'd buy more safemoon is if AMC squeezes. Otherwise, any more new money goes to more MTV, ADA or Matic. Eventually I want to get 1000 ADA like Cheeky Crypto talks about.
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I think we both have it pretty good with Safemoon long term.

More Safemoon news:

PAPA had a photo picture posted with the Moonpay.net people at their headquarters. Having both Simplex and now Moonpay would be great, not confirmed yet.

And wtf does this mean?
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I'm
ax1 said:
I think we both have it pretty good with Safemoon long term.

More Safemoon news:

PAPA had a photo picture posted with the Moonpay.net people at their headquarters. Having both Simplex and now Moonpay would be great, not confirmed yet.

And wtf does this mean?
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I'm pretty sure he's just saying to buy the dip, no?
 
ax1 said:
So much for being out a long time!!! LOL!!!
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i dropped 100$ more on safemoon and $50 on shib

ok no more buying, until amc or mmat moon
 
Something about Safemoonmark.com calculator

The default numbers on the calculator are going to be based on todays overall volume.....however although we are supposed to get reflections based on that volume, volume has been split between the exchanges and something like trust wallet, we dont get full reflections on Safemoon if I understanding this correctly.

On trustwallet I was supposed to get over 600k in reflections based on the calculator, in real world Im getting about 1/4-1/3rd of that, my tokens are being reliant on pancakeswap's volume.

Good news, I heard they are working on tokenomics v2 and addressing this issue, at least improve it.
 
GreenMachineX said:
I'm
I'm pretty sure he's just saying to buy the dip, no?
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There is some additional cryptic messages when he posts but I think your right at least....more particular when he said bnb being in rough water hurting Safemoon perhaps they are rushing the dependency on it and moving on to the independent blockchain sooner than later.
 
ax1 said:
Something about Safemoonmark.com calculator

The default numbers on the calculator are going to be based on todays overall volume.....however although we are supposed to get reflections based on that volume, volume has been split between the exchanges and something like trust wallet, we dont get full reflections on Safemoon if I understanding this correctly.

On trustwallet I was supposed to get over 600k in reflections based on the calculator, in real world Im getting about 1/4-1/3rd of that, my tokens are being reliant on pancakeswap's volume.

Good news, I heard they are working on tokenomics v2 and addressing this issue, at least improve it.
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What does reflection mean in this ?
so i entered 125mil is what i hold currently .. besides the USD value i dont understand much lol .. plus i hold in bitmart so can't really do much there then to cash out

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For those of you who dont know, Safemoon Mark is a software person who started doing youtube video's and the Safemoon hired him to be part of the team. His video's explaining the platform and crypto in general are technical and excellent.

Then there are the youtuber type Safemoon Joe, my favorite and Safemoon Michael.....they actually both collaberated for a podcast a couple days ago....I used to think they were enemies for copying one another, LOL I guess Im dumb.

There are other Safemoon "..." but I choose to ignore them, to many of them.
 
GQdaLEGEND said:
What does reflection mean in this ?
so i entered 125mil is what i hold currently .. besides the USD value i dont understand much lol .. plus i hold in bitmart so can't really do much there then to cash out

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Reflections are the tokens you get from tokenomics. When you buy and sell there is a 10% transaction fee (bitmart would include it in their own fee I think) some goes to liquidity, some goes to a burn wallet, and some goes to all of us....what we get is what is called reflections.

Bitmart pays you once a month.....On trustwallet I get it in real time everytime I refresh the wallet I have more Safemoon.

Just be sure you know that the calculator isnt giving the specific exchanges volume, but rather overall volume. Things are mixed up with tokenomics and being worked on.

Once the Safemoon Wallet comes out you may be able to transfer there with the 10% being waived, you will get regular Bitmart fees of course but we have to wait until this comes out and settles as Safemoon has no control what a centralized exchange does.
 
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