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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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23673967 No.23673967 [Reply] [Original]

Let's talk about surf anons

Got my tokens at $1 and been farming for a few days, didnt sell any farmed tokens until todays pump but deff just getting strange vibes from this project, it seems to good to be true.

Announcing a market buy for 2.5k Eth when the whitepaper stated the 10% tax on the $surf pool was to ensure permanent liquidity also just seems strange to me....the team gets their money from the 10% fee on entering non surflp farms. I thought this liquidity was suppose to be locked and they clearly have control over it if they can just take it out to "market" buy surf

Theres around 8m liquidity locked, and the website and ui is SUPER clean and project was talked about a month before, but if you're planning a mega rug 1 month is not a lot of time to "waste" creating it.

Anyone have any insights, am I being a pussy or should I be worried about losing my Eth that is in LP tokens that I'm farming with...again this project just seems to good to be true, weird vibes in general from the team and nobody has any idea who tf they are

>> No.23674060

>>23673967
the locked liquidity will come back, the token is designed to build it up

>> No.23674126

>>23673967
All the money down the whirlpool when they pull the plug on this.

>> No.23674133

bump

>> No.23674156

>>23674126
thats what im feeling, the liquidity was suppose to be locked aka team wasnt suppose to be able to touch it.

I've regained about 40% of what I have into LP and could take my LP out at a profit.

it seems to goo to be true, and also if most people just keep farming we would all get rugged at a loss anyway.

Just strange nobody knows who even a single dev is, and the whole surf vibe just seems forced and kinda fake

>> No.23674160

>>23673967
When they first started shilling here in late august or early sep, one of em posted the wrong discord link and i stumbled briefly into a whales group. They’re smart. They have money. They want more money. But I don’t trust them.

>> No.23674185
File: 1.44 MB, 1125x2436, 719EC6EA-9E7D-4055-92B8-A64CA215D63A.png [View same] [iqdb] [saucenao] [google]
23674185

>>23674133
>>23674156
That’s my experience. I’m not touching it even with someone else’s money

>> No.23674210

>>23674185
>>23673967
>>23674126
>>23674156
If you peep warosu (or whatever your preference for archived posts) you can see from that thread in the screenshot above where they tried to delete it and then post a different link

>> No.23674225

>>23674185
And BY THE WAY
ASSHOLES
I SAID I WAS FUCKING SMART
I never woulda spilled the beans if you let me play the game. I’ve been here too long and I have more crypto than I know what to do with. But instead of any conversation you just kicked me and thus, my opinion changed from smart whale group I want to be a part of to Dick scammer group I’d like to expose

>> No.23674260

>>23674225
you don’t seem very smart tbqh

>> No.23674344

>>23674260
When you’ve gone from homeless to millionaire in 5 years you tend not to put money into a sketchy project run by niggas who won’t even talk to you on discord. But sure, insult my intelligence. I hope you feel better <3

>> No.23674374

Sorry, but this thread seems to be made just so someone can flex their millionaire skills calling scams

>> No.23674382

>>23674344
Kek
How old are you? 16?

>> No.23674405

>>23674382
Feels like it doesn’t it? How’s that make you feel inside? From my perspective, I’m trying to help you avoid a scam. Don’t throw a tantrum.
>>23674374
FWIW I didn’t start this thread lol I dislike this project and the people behind it

>> No.23674416

>>23674405
whoa even lower iq than I thought

>> No.23674439
File: 70 KB, 971x546, 8D699B1E-87BE-43B6-9D7D-E27EF9EE0D10.jpg [View same] [iqdb] [saucenao] [google]
23674439

>>23674416
I’m so sorry. You’ve got me to see the error in my ways. Thank you for caring for me. I am now one of you

>> No.23674452

>>23674439
you’re just transparently a liar
which makes you bad at what you do
consider a different profession

>> No.23674457

>>23674185
>>23674225
Based wannabe scammer.

>> No.23674462

>>23674452
Even if that were true, I haven’t lied on /biz/ today yet

>> No.23674468

I am legitimately concerned that the 'locked' liquidity can just be 'unlocked' at will to carry out transactions.

>> No.23674471

>>23674160
Shit like this is why I hope the IRS hauls them all off to jail.

>> No.23674479

>>23673967
Farming it, then compounding into the Eth/Surf Pool. Already made back my 10% after 2.5 days and now it's free money. Compounding every 8 hours for maximum gains

>> No.23674489

>>23674468
lol its all in the sherlock audit. its why they dropped it 30 minutes before they soft launched. a mod dropped it in general, not even a dev, it got buried

>> No.23674496

>>23674457
I mean I don’t mind manipulating a situation to where I’m making 100x and everyone else “only” makes 10x.
But I’m not with the rugs.
“A fool and his money are soon parted”

>> No.23674505
File: 132 KB, 600x600, 1604150268998.jpg [View same] [iqdb] [saucenao] [google]
23674505

bros. do i claim my surf, trade for eth and put it all back in the eth/surf pool? or should i just hold my surf claim until it moons?

>> No.23674516

>>23674468
>the liquid is locked bro, trust me, do I look like I'd lie?

Hard fucking pass, friendo. Anyone in crypto who tries to act like your buddy and convince you he just wants to make you rich if only you'd let him is probably either retarded or out to fuck you over. No one is friends in crypto anymore, too many jackasses here now.

>> No.23674526

>>23674462
Notice how the surfjeets scream when you criticize them, how they kvetch in their pootongue?

>> No.23674555

>>23674468
>>23674489
this 100% I read the audits after hearing about "the event" and the event just seems sketch asf so I read the audits, both have HIGH RISK

Granted say they pulled the liq and sold the underlying surf, hat wouldnt have a huge market % impact but obviously price would dump as people found out, trying to figure out if they have a way to insta-rug this to zero

>>23674185
can you link me the archived thread? your pic wont show up for me

>> No.23674571

>>23674471
Yes
>>23674526
Double yes fren

>> No.23674579

im so dumb for investing in this

i never learn

>> No.23674599

>>23674579
Still time to sell before the big ole ruggarino.

>> No.23674608

>>23674516
thats the vibe that aketches me out man, its this whole surf bruhhh tooooobular that just seems way to fake.

and the 10% fee for unstaking creates a fomo cycle of getting mad gains, but sketchy shit, but dont wanna unstake farm because if its not skem then 10% to redeposit..

I just feel like this farm HAS to be artificially held up. How can EVERYONE be making 13% a day on their investment and price is not dropping?

>> No.23674622

>>23674599
am I dumb for making this thread and still havnt taken my liquidity out?

Also can they hard rug this to zero? There LP is only 20% and they could sell the whirlpool by transfering contract address and thats 500k surf besides that idk if hard rug is possible

>> No.23674639

>>23674622
I’m not you but read the other thread rn in the catalog with more replies and go read warosu threads from sep 1-3 specifically. If I were in your shoes I would take my crypto back before other people come to the same realization, do the same, and yours becomes worth less

>> No.23674677

>>23674639
They won't rug. I know few of the devs personally, they are oldfags in this space, especially if you were in dapps you should recognize the multisig owners. They are genuinely making something good.

>> No.23674678
File: 176 KB, 1328x526, PUMPANOMICS.png [View same] [iqdb] [saucenao] [google]
23674678

>>23673967
They won't rug. The whirlpool code is already online. You can see it on chain.

This is just an farm-extension mechanism because the launch was waaay more popular than they ever anticipated. The whole thing was going to be minted within a week before this. This will probably add another week and put more money in the WHIRLPOOL for that phase when it comes

>> No.23674705

>>23674678
WTF do points 1 to 4 mean?

>> No.23674713

>>23674677
I looked at the multisig wallets, some are brand new and some are older but how do we know its not just 1 or 2 people on 6 different wallets?

Also you can trace wallets their connected to and they were selling some farmed surf earlier, why would they do this if they knew they were gunna marketbuy 2.5k eth

also quote from whitepaper

"Adds the initial liquidity to the SURF-ETH Uniswap pool using
the newly minted SURF tokens and the ETH that had been set
aside from the staking fees up until this point (this also means
that the starting price of SURF is directly based on the total
staking volume during the first 500 blocks)
○ Permanently locks the LP tokens received from adding the
initial liquidity to the SURF-ETH Uniswap pool in the SURF
token contract, ensuring liquidity forever"
when thats clearly not true if they can just remove liq?

>> No.23674802

>>23673967
Obvious scam Is obvious. Less scam farming, more working products! https://blog.cryptokek.com/cryptokek-seed-funding-has-started/

>> No.23674815

>>23674677
>>23674678
Godspeed and bless, good luck. Not for me. Part of winning long term includes knowing when to be okay with losing out. Can’t hit every pitch.

>> No.23674822

>>23674815
i agree with you, this is turning into too much risk for only a 2x

>> No.23674855

>>23674639
>biz
yeah i sold got tf out

shit just does not add up imo and rather take my free money I made off it than risk losing a good amount+my free money

if whirlpool meme isnt scam and this farm moons good for people dumb enough to stay in after the pretty obvious red flags

Literally both audits say high risk, no devs talk in telegram or even known fuck that

>> No.23674866

>>23674713
It's not about wallets but people behind them, sol_dev, mr f, blobby, pepthedon were in cgt for years.

>> No.23674878

>>23673967
I was in early. I made my money. I'm out.

>> No.23674886

>>23674855
>Literally both audits say high risk, no devs talk in telegram or even known fuck that
All functions are explained clearly, they cannot mint and they cannot stole user funds. Devs chang out in the discord and are very active there so you may want to check it out. If you have code questions reach out to Proof.

>> No.23674939

>>23674822


yup I sold out, fuck it if it moons it moons made some easy free money.


1. Whitepaper says liq was perma locked, obviously is not

2. Both audits have high risk warnings, they jus publish so apes "heeer audited"

3. They can change owner address of the whirlpool, meaning they could get the surf and sell whenever OR wait until people add their LP tokens and take them then I think?


Take the free gains and gtfo imo, a lot will get rekt because of not wanting to unstake cus 10% tax if this does end up rugging

>> No.23674958

>>23674866
yea idea who those even are, and how do you know these people are behind it?

Absolute nothing on any of their pages linking to people

>> No.23674989

>>23674958
Read this >>23674886
You should join discord as you are clearly interested

>> No.23675023

>>23674989
I was already in, and a few red flags came up. I checked out the discord and could not find any devs to talk to, even sent a DM cus didnt wanna fud the public chat

but simple as this man.
>>23674713
that quote is from the whitepaper that clearly states liq cant be removed

idc if their removing to "pump" it
they lied

>> No.23675051

>>23675023
They are active right now and answering questions just saying

>> No.23675064

>>23674939
You’re about to be so sad lol. Go buy a clone pajeet.

>> No.23675076

>>23674939
You know what the best part is and how I know you’re a retard. The same people that did the audits are the same people that threw 600+ eth in and they’re the same people still holding and compounding. Ggwp

>> No.23675154

>>23675076
>The same people that did the audits are the same people that threw 600+ eth in and they’re the same people still holding and compounding. Ggwp
People doing the audit are in on the project?

>> No.23675160

>>23675154
yes

>> No.23675164

>>23675154
They’re that bullish. You’re trying your hardest to miss the point.

>> No.23675169
File: 820 KB, 929x733, surfdidntread.png [View same] [iqdb] [saucenao] [google]
23675169

>>23673967
all good bro, take your initial out (in the next 5 days, 13% profit a day) and let your profit ride it out till the end or be a degen and keep coooooooompounding either way you'll win big

>> No.23675180
File: 190 KB, 888x888, 1603620579528.png [View same] [iqdb] [saucenao] [google]
23675180

>>23674678
Holy fucking cringe.
>strap on that surfboard leash and shift your gaze to the horizon. The incoming swells are absolutely massive
You are a faggot if you actually trust these people.
I am watching sell orders on uniswap for STA, i can see some faggots selling the bottom for SURF. So damn cringe.

>> No.23675200

>>23675180
>calls something cringe
>posts statera pic
You’re the biggest idiot on the board kek

>> No.23675252

>>23675200
Lmao I’m scared of sharks so I’m not surfing but this made me laugh

>> No.23675261
File: 689 KB, 750x993, E0B03892-A7EC-40A5-9994-511705A92467.jpg [View same] [iqdb] [saucenao] [google]
23675261

Surf is already running out of Juice. time to join a project that is going to be way bigger and hasnt even launched yet. Aries is big boy pants

discord gg 6yBPcpzpSQ

>> No.23675276

>>23675076
>>23675154
isn't this a conflict of interest

>> No.23675279

>>23675261
>already running out of juice
>about to do a 2500 eth buy
Kys stinky pajeet

>> No.23675300

>>23675276
The point is that if the auditors thought the contracts weren’t safe, they wouldn’t have went in themselves.
>guys auditors aren’t humans they aren’t allowed to buy whatever they want!
Kek

>> No.23675319
File: 15 KB, 238x237, 62167AF3-6704-4FB4-8021-EF93AD6D0AF8.png [View same] [iqdb] [saucenao] [google]
23675319

>>23675279
sorry bro. these Japs will wipe the floor with you. whatever surfs TVL is you can pretty much count on Aries being 10X more. like I said. Big boy pants.

>> No.23675322

>>23675279
yall realize 2500 eth will move price like 20%

earlier I sold all my farmed surf on the hype of a 2500 eth buy for a 50% move lol

>> No.23675342

>>23675300
where is there proof the auditors bought haha

>> No.23675349

>>23675322
You’re lying. a 300 eth buy moved it 20% earlier today. Your fud is terrible and you will regret.

>> No.23675354

>>23675322
hes also lying about the 2500 eth buy. Aries will make surf look like small boy pants

>> No.23675363

>>23675342
AegisDAO has a pool that anons bought into, theres over 600 eth in it and they’re still farming. Imagine thinking you know it all when in reality you’re clueless. You wouldn’t know a good project if you tried.

>> No.23675382

>>23675023
Proof lied
People died

>> No.23675412

>>23675363
>AegisDAO has a pool that anons bought into
So some anons bough into a pool, which is proof that the people auditing bought surf.

>> No.23675417
File: 111 KB, 750x874, Screen Shot 2020-11-02 at 3.50.39 AM.png [View same] [iqdb] [saucenao] [google]
23675417

>>23675349
lmao why would I lie?

I'm not fudding there is legit reasons to be fuckin concerned about this project

peep screenshot no lie, you're just blind anon

>> No.23675426

>>23675417
That’s price impact on your buy you absolute newfag.

>> No.23675440

>>23675412
Yeh the main audit was Sherlock security. aegis did a complementary audit for their own community. This info is all known, just have to spend a minute in the community.

>> No.23675444

>>23675363
bro nothing on uniswap is a good project shitcoiner

this stuff is all pump and dumps, 98% wont be here or worth anything within 6 months

do you even own bitcoin

>> No.23675448

>>23675276
yes it is

>>23675300
u have brain worms

>> No.23675456
File: 40 KB, 400x400, 5ADDF3CE-DD09-449B-86C9-38B4426F7762.jpg [View same] [iqdb] [saucenao] [google]
23675456

>>23675417
Lmfao hahahahahaha imagine this being an argument when you don’t even understand how Uniswap works. Hahahahaha haha fucking dumbfuck.

>> No.23675458

>>23675200
I know right, posting that image was so CRINGE.

>> No.23675461

>>23675426
price impact on your buy


why would the price impact on my buy have a different price impact than anyone elses buy?

????????????????????????????????/

>> No.23675467

>>23675417
That's with the current liquidity.

>> No.23675470

>>23675456
enlighten us

>> No.23675475

>>23675444
You’re the one that thinks price impact is how much the coin will go up if you bought. You should lurk more.

>>23675448
I don’t expect you to understand. You know 5% of the available info yet you’re speaking on things like this. Good job.

>> No.23675481

>>23675456
P R I C E
I M P A C T
20%

>> No.23675491

>>23675470
That’s his price impact. He would get 20% less because of the lack of liquidity to handle a buy that large. He’s arguing saying the price only goes up 20%. Absolute state of biz.

>> No.23675498

>>23675475
BECAUSE IT LITERALLY FUCKING IS

OBVIOUSLY YOU WILL NOT BE UP 20% ON YOUR 20% PRICE IMPACT

BUT THE PRICE OF SOMETHING IS 100
YOU BUY AN AMOUNT THAT GIVES 20% PRICE IMPACT

PRICE OF ASSET IS 120 AFTER

>> No.23675506

Guys I also joined the whale discord and they kicked me even though i told them i was smart baka. There is some spooky stuff going on. Stay out.

>> No.23675516

>>23675491
PRICE GOES UP AND DOWN BASED ON ETH AND OTHER SHITCOIN IN THE POOL?

YOU DONT JUST GET "20% LESS"

ITS YOU GET 20% LESS THAN CURRENT PRICE BECAUSE THE PRICE GOES UP 20% DURING THE PURCHASE THAT IS SO BIG WTF HOW AM I WRONG HERE

>> No.23675522

Please let's go discuss scams that waste everyone's time.
>>23675493

>> No.23675524

>>23675481
You’re very special. You just Rekt yourself. It’s obvious you’re a pea brain that cannot fully grasp this. Price impact is for your buy. You get 20% less if you buy that much than if you bought a smaller amount that the liquidity could handle. This is why you won’t make it. You don’t even know about the tools you’re using.

I’m starting to think you have a big bag of this and want more like the other holders do. Nice play.

>> No.23675530

>>23675516
24 hours from now "PRICE IMPACT 20%" will be a meme

>> No.23675564

>>23675417
dude that just refers to how much you get back, if you do a market buy of 2500 eth on any platform your order wont perfectly get filled because of how heavy it is

>> No.23675580
File: 225 KB, 2048x2048, 90946C02-454A-4F05-A145-2DD308282A78.jpg [View same] [iqdb] [saucenao] [google]
23675580

>>23675516
>>23675498
>>23675481
>>23675461
>>23675444
>>23675417
Pic related is all you need to realize how fucking stupid you are. Do the math pajeet.

>> No.23675613

>>23675580
Other anon is retarded. If 1250 gets nearly 300k then 2500 should get 600k. But the liquidity isn’t enough to handle it. Therefore you have a price impact for the buyer.

>>23675516
You’re so dumb it hurts.

>> No.23675628

>>23675524
Price impact is the amount the price will be impacted if you make said trade. So 20% price impact would mean the price would be impacted by 20% or in other words go up by 20%. Other anon is right. I don’t know what the big confusion is. Large price impact trades are usually sold immediately by someone else and the price stabilized to what it was prior to your trade usually.

>> No.23675632

>>23675580
>insufficient ETH
KEK, how poor are you?

>> No.23675633

>>23675524
>>23675530
uhhh so theres 10k eth in the pool right now

for easy sake like pretend we have shitcoin y with 10k in the pool

if you add 2k eth there is now 12k eth and 8k of shitcoin y

fuck you right im retarded thats a 33% gain


either way still huge red flags on this project, obviously your tryna counter shill as your eth is sitting in the pools haha

>> No.23675637

>>23675628
Wrong.

>> No.23675653

>>23675633
Learn about what you’re actually doing then come back

>> No.23675655

>>23675637
Not wrong.

>> No.23675670

>>23675580
Look at pic related same fag
>>23675628

>> No.23675675

>>23675580
wait but obviously you are getting less on a bigger buy because the price goes up for the more you purchase

>> No.23675690

>>23675670
Image doesn’t prove shit. The larger trade has a larger price impact. All looks right to me.

>> No.23675699

>>23675653
its either the price impact like I first said or its>>23675633

if its neither of those then explain how you think it works, because its 1 of the two situations I posted

>> No.23675716

>>23675690
yeah these guys arent giving us any explanation of why were wrong, obviously the picture is a terrible example because you are buying more price will exponentially cost more, dont get how we're retarded if they dont understand that.

Its a fucking AMM there is no orderbook, there is'nt slippage on your big order its a set pool with eth and shitcoin/x

>> No.23675731

>>23675690
>>23675716
Fiverr should be paying me extra for this. Surely posting in this thread counts as working with the disabled.

>> No.23675742

>>23675716
they remove 25% of liquidity + probably more people will remove liquidity to get on the pump so the green dildo will be bigger

>> No.23675744

>>23675716
I have even watched my trades with high impacts and they pump the price. Why the fuck would uniswap call it price impact if it has nothing to do with the price.

>> No.23675775

>>23675731
Shut up pussy. Explain exactly what “price impact” is and exactly how it works in simple terms or you have no idea how it works either.

>> No.23675815

>>23675731
>>23675670
>>23675653
>>23675637
>>23675580
>>23675530
>>23675491
>>23675475
How do none of you realize that price impact means that because liquidity is low it will have a larger impact on the price. its literally in the fucking name. no shit you'll get less surf per ETH with higher price impact. BECAUSE THE PRICE IMPACT MAKES IT RISE IN PRICE YOU FUCKING BRAINLETS. SO MORE PRICE IMPACT = HIGHER PRICE = YOU GET LESS PER ETH.

why else does the price of a token go up when people purchase it? fucking hell, its almost as if you don't know how markets work.

>> No.23675845

>>23675731
>Fiverr should be paying me extra for this. Surely posting in this thread counts as working with the disabled.
This overt aggerssions is just to cover up your own insecurity.

>> No.23675849

so devs don't rug and fud keeps going what the hell, what will be next, the whirlypool will be actually a rug because all the rugs before were not real?

>> No.23675879

>>23675775
>>23675815
Lmao I'm not spoonfeeding you

>>23675845
>Overt aggression
I'm laughing at you

>> No.23675942

>>23675879
found it you were right. I don't provide liquidity for shit so I had to do some digging.

'This premium is called slippage in trading terms and reflected in the Uniswap interface as “price impact”.'

this makes sense I guess.

>> No.23675998

>>23675879
>I'm laughing at you
The mental image of an akward basedboy laughing while posting on 4chan

>> No.23676019

>>23675942
doesn't the slippage come from a larger order having more impact on the price tho.....?

>> No.23676051
File: 80 KB, 559x989, youm.png [View same] [iqdb] [saucenao] [google]
23676051

This is now a brainlet thread

>> No.23676084

>>23675998
Take another English lesson Sanvir

>> No.23676207

>>23675815
/thread

>> No.23676447

So max supply of 10M. Where do you see the market cap in the future?