Saitama Inu (SAITAMA) Discussion Thread

satireprod

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Damn whale killed the momentum but we'll bounce back. Get the paper hands out before kucoin. Wallet still has like $1.5M left to wouldn't be surprised to see them try to sell more in next few days.

Guy sold off 500 ETH (twice) in a matter of minutes and dropped it down to 6900 (-2200)

Already went back up like 1400 in 15 minutes though

Edit: 1.5 Mil is about 331 ETH, so looks like the "worst" damage by that wallet has already been done
 

satireprod

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Is that just on the swap?
are you talking about the anti-whale feature? If so, the way he described it, if someone sells a massive amount (whale status) at one time then they would be taxed more...doesn't matter where they sell, I believe

Edit: and part of the sell-off would go to the remaining holders (not on a centralized exchange)
 

™BlackPearl The Empress™

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are you talking about the anti-whale feature? If so, the way he described it, if someone sells a massive amount (whale status) at one time then they would be taxed more...doesn't matter where they sell, I believe

Edit: and part of the sell-off would go to the remaining holders (not on a centralized exchange)
So what is a massive amount?
 

satireprod

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So what is a massive amount?

He didn't go into detail on that really, the example he said in the Willie D video for example was like if a person sold off 100K worth (which is like 20 ETH), there would be a "tax". Could be just a number he threw out there. I think he means anything that dramatically impacts prices in one swoop (like the two 500 ETH sell-offs, worth 2.27 Mil each an hour ago)
 
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NatiboyB

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Where can we buy more saitama coins without mining fees?

man I'd like to know this myself...And the secondary question is if we wanted to sale where could we without getting smoked on fees (just curious)
 

™BlackPearl The Empress™

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He didn't go into detail on that really, the example he said in the Willie D video for example was like if a person sold off 100K worth (which is like 20 ETH), there would be a "tax". Could be just a number he threw out there. I think he means anything that dramatically impacts prices in one swoop (like the two 500 ETH sell-offs, worth 2.27 Mil each an hour ago)
Do you think that counts for swapping coins?
 
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