/biz/ - Business & Finance

it wont rug ever

>>23643876
biz told me it's a scam

cuz they cant rug lol

>>23643876
>people still talking about SURF

give it up guys, this project will NEVER launch. The devs will keep delaying because they're incompetent and think they can release a "revolutionary" new token. NOT HAPPENING.

>>23643876
Sire..

>>23644084
IT KEEPS LAUNCHING

>>23643876
I wish you were here surfing with us

The devs are retards too. They think they have the magical formula for printing money. It is retarded and always will be. If you believe in this shit then you deserve to be poor.

>>23644908
Stay poor, faggot

>>23644943
you will make it bro

>open source
>audited
>30k eth liquidity
>real team
>nearly 2k eth in the whirlpool
Whirlpool money that is already locked up (~650,000K) gets paid out proportionally to the SURF/ETH LPs once the whirlpool opens. We'll have an easy one click stop to enter our retirement fund and never have to leave.

>>23646016
Lol, enjoy your billion dollars of monopoly money

>He really thought TideRider would risk the schizo cosmic karma by rugging anons after making a promise like pic related

>>23646061
Good intentions only take you so far, anon. There's a difference between a rug and a ponzi. This may not be the former but it is absolutely the latter.

>>23643876
>make a rug scam
>decide to rug later because too many recent ones rugged immediately
>start posting things like “WHY HASNT IT RUGGED” then with a bunch of replies like “it’s legit it’ll never rug!”
>wait til a handful more suckers get in
>rug
Nice plan.

How many surf to make it

I have 30k SURF, thinking of holding until whirlpool activates....anyone know if anything else is coming in the meantime?

>>23646076
You are mistaking the layers of an innovative project in a space built on the ability to compose projects into more interesting things with layers of obfuscation in a ponzi scheme. read the source code, read the audits, bring up ANY function you don't like to the team members. They've been transparent for TWO MONTHS while building, not accepting funds until after the source was public for days. If you think this is a rug you are sorely mistaken.

>>23646076
>i.. Its a p..onzi!!

When people start using the ponzi fud then you know there is a shortage of fud

Rugpull imminent. Pajeets inviting their victims.

>>23646195
>If you think this is a rug you are sorely mistaken.
Did you read my post at all? Or are you just copy/pasting a prescripted reply?

>>23646203
The reason you see the word used a lot is because it's so commonly the case in these defi projects. This isn't a token that has some kind of use like Chainlink does. The whole point of Surf is to make people rich. It's a ponzi.

>>23646210
Misspoke near the end, but my point still stands from the first sentence. This is not a ponzi scheme. DYOR using the tools readily available to you, if you decide after that it's a ponzi I would say fair game and be cool with you ignoring the project. But I think if you looked into it more you'd see this is legit, and I don't want anon's to miss out.

>>23646233
I would say it could be applied to 99% of crypto projects, including link from what i gathered they dont really see much actual usage rn

>>23646233
The whole point of any investment venture is to enrich the investors. This happens to be a block-chain investment venture which feeds the profitability of future projects back into the LP holders of this project who are staked in the whirlpool. It's meant to be a one stop shop for financial exposure to all of the pseudo-anon devs with fairly large reputations. It is made short term profitable by fees which are collected from whales trying to pump and dump the price, or dumping the farmed tokens they have. It uses fixed APY to host a fair launch of a token that will pay money to holders from the projects built on top of it. The devs will post the source code for the other projects BEFORE the whirlpool accepts any funds, just as they did with the beaches, and anyone who is SURFING, will make it. This is not a weird project because the intent is to make the investors rich, you're just a newfren uncomfortable with the space and anon devs because you can't read .sol files.

>>23646244
>This is not a ponzi scheme. DYOR using the tools readily available to you
The white paper says the end-game is rewarding people for holding SURF tokens with more SURF tokens. And a vague "please look forward to it" about other projects that will maybe be tacked onto it as well.

So I ask again, why would someone buy SURF tokens after the whirlpool opens? This is where it looks like people are just gonna be in a race to sell.
>>23646348
>feeds the profitability of future projects
So, literally nothing but a brand with a promise of things to come.

I have to make my morning coffee to fold clothes with my gf, but please stop by and ask more questions to decide if you'd like to start SURFing or not. I've made good money off of this and want to pay that forward.
XK8tmavbEP

>>23646382
Someone buys SURF tokens before, during, and after the whirlpool launch because the devs will have already posted the source code to the projects launching on top of the whirlpool, if you're so afraid of getting scammed because you can't read .sol files then wait until the source code for the other projects are dropped and then you can FOMO in at $20. By all means stay away if you don't think audited and open source contracts are trustworthy.

>>23646382
Why does Clement follow their twitter? Why did CMC shout them out on twitter and list them within an hour of their launch? Up on coingecko too. How much money is staked in beaches right now?

>>23646467
>if you're so afraid of getting scammed
I have already said I don't think this is a scam. That doesn't mean it's viable or sustainable. With all due respect I don't think you actually know what a "ponzi scheme" is.
>>23646492
Yes, a lot of people are talking about SURF. It does have a marketing fund, after all. I am willing to believe the intentions of the development team are genuine, but that doesn't mean this is sustainable or worth putting money into. Right now people are investing in a hypothetical because of the excitement of getting in on the ground floor, which is why you keep talking about FOMOing. You're letting that sense of urgency drive your decision making because you can't differentiate something not being a scam and something actually being a worthwhile investment.

>>23646532
I'm sorry you missed out on the soft launch, and I hope you reach your desired bag size.

>>23646559
I don't wish ill on anyone, you included. We all just wanna make it, anon. If I were invested in this at all, I'd be selling my bags the moment the "whirlpool" opens.

I followed surf since the very beginning, was very excited for it, but when it soft launched I didn't have the apy leverage I was looking for to safely continue. Such a shame. I made a couple hundred bucks but felt the need to get out of there since speculation was through the roof and I was not making much at all per block.

>>23643876
It won't rug. It will just slowly dump to next to nothing.

Are the devs anonymous?

>>23646768
Yup.

>>23646719
What do you mean? With 5000% apy and the price of the token somehow moving up even poorfags could farm it with a decent profit

>>23646866
I'm talking about soft launch when apy was all over the place. I tried to put myself in a derisked position when the rebase apy started but the volume was way bigger than I thought. Since my plan of farming derisked fell completely apart I kind of panicked, i accounted for what I'd take if I pulled out and sold, and settled for it. Happy for the people who are making it big on Surf tho

>>23646348
>The devs will post the source code for the other projects BEFORE the whirlpool accepts any funds
do you have a source on this? as far as i know the whirlpool will start in less than four days

the market cap is already at $5 million
isn't it a bit late to buy?

>>23647392
Its worth if you are planning on buying 5+ eth worth and farm. Otherwise i wouldnt personally buy.

>>23646866
You probably wouldn't even earn your gas back. All rewards are in SURF tokens and the price has gone down 10% in the last few hours already. I suspect it'll go under $1 today.

>>23643876
I thought this was a scam to. It's ok anon.

>>23648333
>>23648333
by poorfag i mean around 3-5 eth. The apy is fixed, you get more surf if the price goes down.

>>23647126
He doesn't. He's completely talking out of his ass.
Now ask yourself, why would people be intentionally lying to you about this project?

>>23648471
>you get more surf if the price goes down.
you're still holding a coin that is rapidly losing its value

>>23648825
But it will go back up because of the super secret project. Trust us.

People sit here and fud and I've doubled my investment already through farming, likely will triple. Stay poor fags

>>23648586
ponzi is definitely on the table. but i can't tell. so far i put the odds of this being a ponzi/scam/rug at less than 50%

>>23648918
lel, this

I'm making ~$3 per minute. Comfy AF.

>>23648825
>11 posts by this ID
>rapidly losing its value
What is this brainlet fud. Its been out for 2 days holding a fairly steady price with 8 million in luqidity. It could drop in price every day i would still make money.
But Im sorry dude i cba discussing with someone who reaches for the generic its a ponzi fud.

>>23648937
It's literally a ponzi scheme. Read the white paper. The token's value is self-fulfilling based on the promise of new people buying in. Which there is no reason for anyone to do after phase 1 is over.

>>23648825
based reverse fudder, almost made me sell

>>23649007
post the math that proves that the whirlpool isn't going to dry up eventually

>>23648980
yes it seems like some ponzi like dynamics but the thing is there are other stuff pointing at not being a scheme.

>>23648980
If it's any form of scheme, which it isn't because the devs promise the token no worth until they publish the code for their additional projects, it's the inverse of the photo you posted. Whales who are treating the token like a PnD are going against the stated intent of the token and are playing into the tokenomics of long term holders. There are systems in place to reward long term holders and punish dumpers and short term holders. This does not make it a ponzi.

>>23648980
Okay. It did launch, it didn't rug, devs did everything as promised with great website and contracts. People fudded it so long and everything they said was wrong. So now you are saying it's a ponzi. Tell me what happens when they release external systems to make it a positive sum game? Will you come to discord and say sorry? Will you say sorry to fellow anons who didn't buy SURF because of your fud?

>>23649270
>Tell me what happens when they release external systems to make it a positive sum game?
Then, and only then, will there be an actual reason to consider this a long-term investment. You're putting the cart before the horse.

>>23649270
Also the fact that it didn't rug is nice, but "it's not a scam" is a pretty fucking low standard of excellence when deciding what to invest in.

>>23649351
I invest in one of the best dapp developers. You may not know proof, sol_dev etc but I've been in the space for few years now so I trust them. I would trust them with my money and I can vouch for them. With this knowledge I can post in this thread without being anxious about shilling a scam to anons.

>>23649460
yes i think there are legit people involved but his point stands that "it's not a scam" is a very low standard for investment

>>23649270
>Tell me what happens when they release external systems to make it a positive sum game?

what happens is that if that's the case and its successful then only the devs and the naive people that fall for ponzis are going to make the money like pic related

>>23649563

I'm trying to sell half my stack so I can provide liquidity but uniswap won't let me? I tried with two different wallets on both my phone and pc. is there something I'm missing?

>>23649614
Put slippage at 2%

>>23649643
Doesn't work. I've tried up to 10% even

>>23649651
What message do you get?

>>23649614
do you have enough eth for gas?

>>23649662
"The transaction cannot succeed due to error: UniswapV2: K. This is probably an issue with one of the tokens you are swapping."

>>23649669
Yes

>>23649685
remove decimals. use a whole number of surf.

Ok weird I can however sell the entire stack...

>>23643876
wtf moon

>>23649710
Ok there we go. Thanks

RUG IN PROGRESS

RUG IN PROGRESS

RUG IN PROGRESS

RUG IN PROGRESS

RUG IN PROGRESS

RUG IN PROGRESS

>>23650580
fuck off, its in a multisig with the guy from unipower

it's ogre

There is definitely something wrong with $SURF.
I bought 5.3 ETH worth (1485 $SURF) last night at $1.37 and went to bed... woke up to it at $1.90 and my stack was worth 6 ETH ... the math doesn't add up... $1.90 - $1.37 = $0.53 .... $0.53 x 1485 = 787.05 .... if ETH is at $390.00 my stack at $1.90 should have been worth 7.3 ETH not 6 ETH

>>23650919
Is it possible that you're just a retard?

>>23650919
your're retarded. obviously if your just holding your math is wrong. if your LP there is a 10% tax.

>>23650676
RUG IN PROGRESS

RUG IN PROGRESS

RUG IN PROGRESS

RUG IN PROGRESS

RUG IN PROGRESS

RUG IN PROGRESS

>>23650919
slippage?

The devs are literally some of the most popular devs in the space. They are the admins of a discord server of 500+ people for solidity and have been for months

>>23651543
Why does that mean I should buy SURF?

QNT

>>23651543
>They are the admins of a discord server
ok, I trust them now

>>23651543
500+? im all in

>>23651586
With that attitude you shouldn't.

>>23651637
>So why should I buy SURF?
>Because the developers are trusted and it's not a scam!
>But, why?
>FINE, DON'T THEN
Enjoy your bleeding token

>>23651586
he's taking the piss, 500 people is nothing
some holders are actively FUDing this because they want the price to fall so they can farm more, since the number of tokens farmed/block is based on the current price

>>23643876
What's the minimum for decent farming?

>>23651993
You weren't supposed to say this shit wtf. Cmon man

>>23646194
THE EVENT is coming but I don't know what that is.

>>23653696
deleted website, tg, and discord