RE: Review of a #TooFuckeh problem solving token.
You are viewing a single comment's thread:
Not sure why I bothered but, here's a quick glance at the richlist of your token.
#2 holder is yourself with 10 billion tokens
#3 is someone with 145 million tokens
2 more with ~50 m tokens
and then 8 more with a total of 1.2 million tokens
rest only have 1k each until #24 or so
#1 has 9 quadrillion tokens, that's 1000x trillion or 1 million billion.
I don't know why you chose to issue out the max supply that hive-engine allows but it's clear that with a token of no volume it's not hard or expensive to manipulate the market to make it seem like the token has a marketcap 6x bigger than Bitcoin.
You're saying that compared to Bitcoin's 21m coins at current ~$100k per coin, your token is worth $0.00145 each. You have 428.6 million times more tokens than Bitcoin.
To give readers another perspective on things, if Hive was the same "marketcap" as "TOOFUCKEH", each hive would be worth $26,833.95.
I wouldn't even ask people to buy Hive at $5 let alone ~$30k, yet you're asking people to buy your token at the same estimations.
Either way, I'm done wasting time here, will vote up my comment so others can see where I'm coming from and why I'd recommend not to spend Hive on such a highly inflated token.
Because I am the type of person to push limits.
I don't care what the market cap is for BTC. You are not making a good argument because you have not taken the time to Learn Before You Earn. Your too quick to pass judgement on something you don't completely understand.
That is your narrative. Not mine.
Useless narrative once again.
For an intelligent being you say stupid things.
I am saying that if you buy #TooFuckeh today, there is more up side than downside when you consider the use case of the token and the fact that I back the token with my reputation and business experience.
I suggest you learn more about being proactive and not being so reactive. Your quick to criticize, you don't defend your position very well and then you say you wasted time. I appreciate the feedback and challenge because it helps reinforce my foundational value.
Thank you for helping to promote a unique problem solving token use case on Hive. I am thinking that it could out perform your ZING token. Let us see what happens in a year or so.
Everyone, Please Understand
I am not a stupid person. I am not a crook. I do not lie, cheat nor steal. Your welcome to search the internet for @fjworld and FJ World Inc.
I am the founder of PEPT and TooFuckeh is one element in an evolving ecosystem.
I started as the sole owner of an idea and with Hive, I am able to share ownership and proceeds from implementing creative ideas.
So yes, I control the majority of TooFuckeh tokens and I am a skilled market maker so I am not one to neglect responsibility. In time, I expect more Hivers to take a position and I expect that they will see positive return for holding some problem solving tokens. It won't be long that token holders will be able to receive some Return on Capital for being part owner of a profitable idea.
Your not going to see me dump a bunch of TooFuckeh tokens so I can get some SWAP.HIVE
I can get SWAP.HIVE from selling tokens that I don't control. In fact, I made a profit from trading ZING and used the profit to raise the value of TooFuckeh
I still hold 2500 ZING tokens. acidyo told me on discord, "it's a long term project so not too worried about the price of it right now". yeah right, no need to worry his token MCap is not overly inflated. Should be safer than my problem solving token. Time will tell.
Again, please, if your reading this exchange and have concerns about my project, I ask that you make your evaluation on what I do and not stupidity from some negatively biased hive watcher.
acidyo I assume you mean well but I caution you as per promoting disinformation about my project, business and reputation. Nothing wrong with working together to ensure Hive is a fun, loving and a safe social media platform for all Hivers. I can appreciate your wanting to protect Hivers cause I am wanting the same. So don't be misleading people with your market capitalization bullshit.
Buy #TooFuckeh today and we will see where it is a year from now. You don't have to buy very much to benefit from my wealth building ability. If your a holder, don't be too quick to sell at the current price. If you are already into profit, I can understand selling some to lower your initial cost.
When I say buy now, I am not saying I promise you will be able to sell later at a higher price. I am saying, you are helping to fund some process improvement initiatives and/or helping to buyback tokens from existing holders.
May Positive pepEntropy be with you all.
Could be it's just the issuance that's causing issues, that you've decided to issue all tokens in one go instead of slowly over time. But you're the one choosing to advertise the marketcap when 99.999% of tokens are in one account.
I could issue 9 quadrillion zing tokens now as well and it'd be at the same marketcap, even with much better distribution to over 3000 unique hive accounts and everything else it's got going for it compared to yours. It's your choice how you advertise it but it's important for others to be vocal about things they see wrong with this method and potentially misleading to potential investors. Either way, I've said what I've wanted to say, spend with caution, much like any tokens really but this one with an extra caution due to the use of boasting about a marketcap in the trillions that's not even close to reality.
ok my Hiver friend, let us all have some #TooFuckeh #FUN
Did you know this problem solving token, by design can capture value when acting as a #MEME
BTW, I do greatly appreciate your engagement. And the timing is perfect because I had been thinking a lot about how and when to implement another token in the TooFuckeh toolbox.
For now, it will be my pleasure to share some of my "why" and maybe you will get unstuck from the "what" of your actions.
First, let me say that I need to parse your code. The way you present data/info/opinion I can easily see how a reader may follow your misrepresentation of creativity. And, since you have a lot of followers you can capitalize on this evolving assessment. An assessment of me and what I do apparently. !LOLZ
I do not see an issue. You are using the words, "Could be" so your speculating there is a problem to solve. Hmm, best to agree on the problem first if you want to solve the problem. It's almost like using a tactic in a game play so the observer does not see what is really hidden in the deeper layers of earning methods on Hive. I had a quick look at how you earn on Hive. Again, love the timing. Brought out the Wizard in me, enjoying the moment when everything happens precisely on time like it was meant to be. I am not getting good vibes on the way you PIMP Hive.
I already stated publicly that what I do here is part of a game. A real life game mind you. "Living The Process". veridiPASS is the connector portion of this reality game. And, our problem solving token is being used to fund project activities, and plans are in the works to offer some level of Return On Capital (ROC), similarly too what I currently do with @pepEntropy @pept-swf Also, as I indicated above, expect a blog announcing another opportunity to earn from helping a fellow Hiver. By way of buying a few tokens and sitting on it for awhile.
First, accept that I did my homework and I know what I want. That I have 45 years business experience with sufficient wealth not to worry about bullshit or stealing pennies from low income earners. I came into this world with nothing but a twin brother who was a still birth. Now, we all have our own journeys and I am a believe that we create our own reality. So when one proposes an argument or what seems to be a valid point, it can easily turn out to be something that one realizes is inhibiting them from receiving exceptional returns. And you don't get exceptional returns by creating another version of basically the same idea. If you do that, your committing to being the product. I can easily questions many of the thinking and behaviors of other Hivers but that is not my purpose on my current journey on Earth.
If I chose a scheduled release, that would incur additional steps in the supporting processes behind the implementation of the idea. I looked at miners and I could not justify it use as a good choice for my idea. You see, I believe there is more money to be made fixing problems than creating a new hyped up way to make money. I place the focus on Learn Before You Earn
I learned that I could issue all tokens at once, I could create the highest token distribution and do it such that a Hiver could own the smallest slice possible of an every expanding pie.
I think issuing all tokens at once is the definition of a zero inflation token use case. Now the price of Hive fluctuates so I have designed some strategies to manage this valuation that is outside of my control. It's no secret who own a percentage of the pie. The important part is that I am sharing more of the pie as the pie grows in value. I could implement a process improvement initiative that could easily generate some cash flow or even reduce my operating cost and that would be reflected in the retained earnings of our veridiPASS gaming project.
About Token Distribution
If you make the time to analyze the Hive ledger, you would see that I did have a manually and timely release where I placed open sell orders on Tribaldex. Lots of tokens were listed as low as 0.00000001 Hive. I announced to the world what I was doing and I clearly stated that if the tokens didn't sell, I would sell all the shit tokens held in PEPT system accounts and use it to buy tokens from the open market.
It's a matter of understanding my value proposition statements. Again, we live in a very reactive world so only a small percentage of people will ever take notice of any idea that takes one outside of their comfort zone.
So, for all those who took my advice, sold their least valued assets and used the proceeds to buy some problem solving tokens, you either made a profit or your holding for more profits. Today, and looking forward, my expectation is that we aim for a 0.01 Hive price as a permanent support level. So I will do what I can as a market maker to make it happen.
Ok so your not entertained by my promoting https://tribaldex.com/tokens
I didn't create the script. And I don't have an issue with the MCap representation. And, yes, again, I own most of the tokens.
You could do this and that but you didn't. Not sure why your making this comparison. Where is the value in doing so. We don't even have similar use cases.
Yes, absolutely my choice and its a great feeling when you have confidence in something that you don't need to implement someone else objectives.
You may see something that looks wrong. That does not make it wrong.
You say misleading. Could be your being misleading. That I am observing.
And about your concern of potential investor.
What a crock of shit. Your concern that some serious investor will buy a bunch of #TooFuckeh tokens on Hive blockchain and suffer some losses?
As I said earlier, I am living the process. I am documenting everything. And everything I do is in support of my purpose. That is, to do everything I can to make Earth a better place than how I found it. So your investment concern is not well founded.
#PEPT Philosophy 101 - Learn Before You Earn
lolztoken.com
A naughty frog.
Credit: fallingforward
@acidyo, I sent you an $LOLZ on behalf of toofuckeh
(2/10)