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RE: Review of a #TooFuckeh problem solving token.

in Paper in my Pocket3 months ago

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.

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