/biz/ - Business & Finance

WHO

WHOOOOOOOOOOO

https://www.dextools.io/app/uniswap/pair-explorer/0x21b8065d10f73ee2e260e5b47d3344d3ced7596e

Totally a ponzi scheme. Basically, if the largest whale dumped, it would cause a 6% drop in price. Then people who just got in panic and sell because they think its about to collapse, which drops the price even more. Then people come in and buy Wise at a discount. This is an absolute ponzi scheme anyone who invests in it is an idiot. The fact that there is like 57000ETH locked in liquidity and there is an actual rising price floor is also stupid. DUMB ASS COIN

>>25740189
I think you just sold me and fudded me at the same time.

>>25740297
Don't you know how Ponzi schemes work? There is a reason why the Devs own less than 2% of all coins.. they are waiting to pull the rug out from under you. WATCH OUT.

>>25740399
STOP.
This is a PONZI SCHEME.
YOU ARE ONLY CONTRIBUTING LESS THAN 0.5% TO THE POOL. YOU ARE NOTHING CLOSE TO THE 3% OWNED BY THE LARGEST WHALE. THIS IS NOT HOW IT GOES. YOU MUST HAVE AT LEAST 20% TO CASH OUT. PLEASE DEPOSIT 80M IN ETHER ASAP

>>25740189
>Totally a ponzi scheme. Basically, if the largest whale dumped, it would cause a 6% drop in price. Then people who just got in panic and sell because they think its about to collapse, which drops the price even more. Then people come in and buy Wise at a discount. This is an absolute ponzi scheme anyone who invests in it is an idiot. The fact that there is like 57000ETH locked in liquidity and there is an actual rising price floor is also stupid. DUMB ASS COIN

>>25740519
That was not me, but thanks for you concern.
Just found this transaction a bit surprising in the middle of a dump

>>25740823
It's not a dump brother. When you have /biz/ fomoing in for a quick 2x and someone sells and it drops by 1%, you get a chain reaction of weak hands. Then people who want a discount buy. Its impossible for any one person to drop the price by more than 6% (top whale has 11m wise, if he sold all instantly price change is 6%), so you would need others to sell in a chain reaction to get this to "dump".

Consider this: who the fuck would dump after a 6% fall and the elimination of the largest whale from the picture? Someone sold 500eth right when this shit went on biz, price dropped like 1.5% (largest in the last 24 hours), and these faggots got scared and sold.

This will happen over and over again and changs will continue to get wise at a discount.

ps. this is a ponzi scheme

Let's hear the niggers who will come in defense to this. No major dips from $.1 just a straight line to almost a dollar. Get what you fucking deserve pathetic gambling losers.

>>25741116
Why does biz suddenly care about a crypto once it's doing well. You faggots hate people making money

>>25741341
they only want you buying something they got in early with

You don't get it. It's totally a ponzi scheme, let me explain.

Basically, if the largest whale (who owns 11m, which is 3% of all wise) dumped, it would cause a 6% drop in price. The 2nd largest whale has less than half of that, and nobody else has more than 1%, not even the devs. That is the first red flag.

Then whenever there is a small dip of 1% or so, people who just got in panic and sell because they think its about to collapse, which drops the price even more. Then people come in and buy Wise at a discount, and then people who sold feel dumb and come back in.

Then there is the fact that there is like 57000ETH locked in liquidity, which means although you can't get rug pulled, the fees that Uniswap pays out goes back into the locked liquidity and thus increases the price floor.

This is such a scam because there is an actual rising price floor. Wise is backed by ETH, so as long as you have wise, you can get ETH back from Uniswap. This is the dumbest thing ever. It means that if ETH goes x4 at anytime in the future from the time you bought it, you are guaranteed to at least get 100% of your money back if EVEYONE ELSE SOLD WISE BUT YOU.

This is all a ponzi scheme and if you can't see it, then you're an idiot.

Oh, and it isnt even listed on Binance yet. That would make it an even bigger Ponzi. So watch out!!

>>25741395
I like the way you grift

>>25741395
Anyone care to decode this very confusing post for an idiot? Is this a reverse shill? Or a FUD FOMO?

>>25741847
Here, let me help you out (and I mean this in the most non rude way).
All you need to do in ANY case is your own research. Cross reference what I said, and if the facts are true, make your own decisions based on that. Whether its FUD or SHILL is up to you after you investigate all relevant information.

>>25741938
Works for me.
Keep up the good work.