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/biz/ - Business & Finance

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30142933 No.30142933 [Reply] [Original]

Rugpull list.
Jannies will probably delete this because they are clearly paid off by the telegram shills.
non-exhaustive list of rugpulls that you should absolutely not buy:
Lua, mcdc, bogcoin, hoge, dogey, shiba, akita, pikachu, wynaut, 4ch500, grumpycat, milk2.

>What is a rugpull?
Someone will copy and paste a deflationary defi coin (most of the above list are completely identical) and then pay a telegram to shill it on /biz/, all of the above are proven to be shilled via this method, mods conveniently look the other way every time.

>b-but I can still profit if I get in early
By the time the coin is shilled on /biz/ all of the telegram trannies and friends of the dev will already have bought in. While some rugpulls exist for weeks before the rug is pulled, some have been pulled in mere hours; the potential profit is not worth the risk in comparison to actually good coins.

One other coin that you should approach with caution is REEF. Denko has publicly admitted to defrauding all reef holders by not sticking to his supply promises. No reason to trust him.

>> No.30143144
File: 72 KB, 870x384, Im too dumb to read the lite paper.png [View same] [iqdb] [saucenao] [google]
30143144

>>30142933
>didn't read the reef lite paper.
Get fucked

>> No.30143181
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30143181

Generally if you're unsure if a coin is a rugpull scam, look at some of the replies in the thread.
One of the most obvious giveaways among all the inorganic posts is 'WE'RE STILL SO EARLY BROS'. This is a tacit admission that to any observer the conclusion they would draw is that it is not early, but actually dangerously late.

Don't be fooled and invest responsibly. Don't let a telegram pajeet make a fool out of you. Don't bother reading any of the replies to this thread as it will likely be raided with cope.

>> No.30143242

>>30142933
Based OP

>> No.30143421

Hoge already tried rugging with whales though and it failed lol

>> No.30143733
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30143733

Above all, remember that money doesn't simply appear out of thin air. We are playing a zero-sum game, when someone makes money someone is ALWAYS left holding the bags. While worthwhile products like GRT, HBAR, ETH, ADA, BNB, AVAX and others have potential to recoup the investment even during a dip, most rug pulls will never recover and you will be holding the bags forever.

Pic related, my eternal bags of shame. I knew it was a scam and yet allowed myself to think I was 'still early'. I leave it unhidden on my metamask to remind myself to stick to the proven products with usecases.

>> No.30143937

>>30142933
Except SHIB didn't rug lol. It just had a 24m daily volume pump out of fucking nowhere and a whale shit on everyone at the peak. This happens with any microcrap.

>> No.30144027

>>30143937
>it didn't rug, the rug was just pulled
Anon....

>> No.30144444
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30144444

>>30143937
SHIB is garbage, some kind of doge rip off look. Out of all the coins listed on here, chode was unfathomably retarded shitcoin. God damn that coin maker was stupid for a logo like that.

>> No.30144955

>>30142933
add Insolar to that list. got shilled here as a "short squeeze" incoming for a few weeks then the devs announced they were abandoning the project.

Oh also add sodaswap. Lotta people here fell for that one

>> No.30145153

>>30144027
Biz is so fucking stupid. A rug pull is correctly defined as removing liquidity from a dex coin to where you can no longer trade it. If we expand that, it is also when a dev has a wallet that they dump on people at the first chance they get. Neither of those two things happened, so it's not a fucking rug pull. It's just microcrap volatility and it happens all the goddamn time.
>>30144444
Sure, it is absolutely a doge rip off, but calling it a rug pull is technically incorrect. If people want to blow their money on stupid shit then that is their call. But saying they'll have it stolen is incorrect based on what actually happened.

>> No.30146769
File: 89 KB, 399x305, cozybog (2).jpg [View same] [iqdb] [saucenao] [google]
30146769

Bog isn't a rug pull, it's a rugput. They add extra rug to make us more comfy.

>> No.30146845

>>30143181
>I'm OP so everything I say is correct, anyone who disagrees is just cope

stfu faggot, how about you actually read the contracts and join the tgs of some of these coins. bogged for example is in no way a rugpull, just go on the damn website and see for yourself https://bogged.finance/

>> No.30147071 [DELETED] 
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30147071

>>30143144
>markets determine prices
wow holy shit what a revolutionary whitepaper, that excuses dumping literally 10 billion tokens and then lying about it
>pic related, it's one of the paid Reef shills

>> No.30147133

>>30144444
holy fuck quints

>> No.30147249

>>30143181
Look at the $COIN general thread for an example

>> No.30149091

>>30147071
Dang bro? Racist much?