https://safcoin.co.za/

airborne

Honorary Master
Joined
Jul 13, 2007
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13,243
I see SAFCOIN is trying to sell a business opportunity, probably running out of people wanting to buy their LOL-COIN.
Basically selling a bs product, like a Herbalife pyramid scheme except you can't even eat the sht you buy because it's a worthless "crypto" coin?
 

L-Dog

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Oct 25, 2017
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I see the coin is up about 90% this year. Might be worth it to get in and get out end of the year but its basically the same as playing roulette at your local casino
 

Tman*

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Jul 18, 2012
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I see the coin is up about 90% this year. Might be worth it to get in and get out end of the year but its basically the same as playing roulette at your local casino
The "value" can be up 1000% - if no one is willing to buy what you put on sale its quite irrelevant what the "growth" is
 

L-Dog

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Oct 25, 2017
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Doubt you will have trouble selling although not sure how big the platform is
 

saor

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Feb 3, 2012
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I see the coin is up about 90% this year. Might be worth it to get in and get out end of the year but its basically the same as playing roulette at your local casino
There's 1001 alts with decent volume on other exchanges. I'm guessing most of this is just wash trading / them buying and selling their own token.
 

John Tempus

Executive Member
Joined
Aug 8, 2017
Messages
5,823
That orderbook is impressive.

Takes a real donkey project to manage to get such a lobsided non existing buy side of the orderbook to the point that it most definitely is just the owners trying to wash trade and flip the volume and even attempting at this easy trading scam they manage to fail horribly.
 

Tman*

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Screen Shot 2021-05-26 at 07.32.39.png

D-day!

we might have missed the 2021 bull run, but "this time, we're aiming for the moon!"
 

L-Dog

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Oct 25, 2017
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2,183
Yip can't even find the coin on Coinmarketcap, liquidity is also an issue tread with caution
 

John Tempus

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Aug 8, 2017
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lmao.

Pretty sure Neil Ferreira cant wait to dump all his 99%+ premine+mined SAFcoin on catex the moment it gets listed. Neil Ferreira been having wet dreams over this possibility for over a year now.

This all assumes he isn't just spewing BS and catex have no idea about this "project" listing. Could just be a way for SAFcoin to prop up buying volume on their own BS exchange.
 

John Tempus

Executive Member
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Aug 8, 2017
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5,823
Seems legit. Still wouldn't touch that coin.


Legit listing perhaps but knowing the Neil Ferreira owns more than 99% of the coins in circulation is a horrible idea of a coin to trade on a more liquid international exchange.

Super rug pull incoming.

Also, catex basically allow any coin to get listed if you pay enough money.

This offering is not even a buy/sell exchange listing, this is just a way for Neil Ferreira to sell his own coins without the buyers being able to sell.

Crazy

EDIT: Catex website doesn't even load anymore, cloudflare timeouts. lmao
 

acidrain

Executive Member
Joined
Jan 7, 2007
Messages
5,632
Legit listing perhaps but knowing the Neil Ferreira owns more than 99% of the coins in circulation is a horrible idea of a coin to trade on a more liquid international exchange.

Super rug pull incoming.

It's a problem I have with these small exchanges. They will list any coin willing to pay the listing fee regardless of legitimacy but the speed at which that catex site loads, seems like they really need the money.
 

Tman*

Expert Member
Joined
Jul 18, 2012
Messages
4,429
lmao.

Pretty sure Neil Ferreira cant wait to dump all his 99%+ premine+mined SAFcoin on catex the moment it gets listed. Neil Ferreira been having wet dreams over this possibility for over a year now.

This all assumes he isn't just spewing BS and catex have no idea about this "project" listing. Could just be a way for SAFcoin to prop up buying volume on their own BS exchange.
One would think he would at least have the basic intelligence to time the international listing during the upswing of a bull run. That way safcoin might have had a slight change to ride the wave with other lol-coins. :ROFL:
 
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