Is Safemoon the Biggest Crypto Scam of 2021 | Analyzed by an Accountant

[@mikeandrew9055]

Exactly correct! There is risk to this, just like any other investment vehicle " don't put in what you can't afford to lose" SAFEMOON hasn't guaranteed anything to us or offering a product or dream such as pyramid or ponzies do. They are being as transparent as they can and my opinion, SAFEMOON creators were NOT prepared for this much excitement or attention, taken by surprise. This is because they were lucky with their timing right after DOGECOIN when so many are feeling that we missed the rocket ship. People complain that this crypto doesn't address a crypto problem but I believe it does. Specifically, the 10% TAX is a good deterant to prevent pump and dampers/daytraders and even to a degree, whales from jumping it making big gains due to their volume, and leaving with big profits. This also creates a reward system for those that do believe in it as well as burning/taking tokens out of the system creates scaricity...kind of without a set amount of currency. Good video and comments. SAFEMOON is new and dare I say reinvented which we haven't seen so, we are all eager to see is this good changes or bad 🤔

[@Notjimmymaio]

Nicely put!

[@religionlol7323]

You all have a very short memory. Even pump and dumps from years past are trying to pump again. Safemoon and doge are all equally worthless. If it were so valuable, people wouldn't lose their minds when the DOLLAR behind it goes down.

[@anasamireh3594]

I lost about $75,000.00 to crypto investment scam just recently. The company posed as an investment company that could deliver a certain percentage in returns if you deposit your Bitcoin with them. At first, it seemed real, it worked twice. I didn't realize they set up a bot(robot) that will completely shutdown your account after you have decided to invest high. I suddenly couldn’t access my profile, I complained to the admin, he gave a excuses that they had a downtime and needed to upgrade their website, this took over 2 months. Within that period,I begin to suspect i have been scammed. I contacted my bank to see if they could do anything about this situation, they couldn’t. Local police say it’s impossible to get my money back, I complained to my colleague at work who directed me about this recovery expert, Mr. Jim Kim that helped him, i contacted him immediately, what surprised me most that I recovered my money that same week. You can contact him at [e-mail] and he will assist you on the steps to recover your invested funds. Good luck as you contact him for help.

[@elliotjordy4309]

I realize it is kind of off topic but does anybody know of a good website to watch newly released tv shows online?

[@FernandoAstudillo64]

Waronrugs just did a rug pull on fair Moon dude was just starting shit to get the attention off him while he pulled the rug on fair Moon

[@rcdyer]

Waronrugs is a hack and scammer. He failed and screwed people over in the process than he goes out attacking and accusing others of exactly the crap he did. And how the hell does someone with an accuracy rate of less than 5% have ANY credibility at all?? No one should listen to anything that mook has to say.

[@rodamus444]

💯

[@rodamus444]

We should do a show and tell of warondrugs' credibility just for the fuck of it.

[@rcdyer]

@@rodamus444 agree

[@user-bo6yl5ni6s]

Lmao you guys don't know what a rug pull is, I'm not a fairmoon fanboy but from my knowledge an insider from fairmoon team found a bug and left with their "own" profits, rest of the people left due to fear, nothing happened to LP or anything and new coin or contract has now been made. Let's not shit on other coins lmao

[@henrycreque4735]

They locked the LP before you made this video tho... also they were audited already and verified by two independent companies. This whole thing is super legit.

[@Millirawk]

What companies audited them?

[@RJ-V2]

Ignore the video and listen to this guy

[@Notjimmymaio]

Never said it wasn’t legit. The audit is still in process & I missed the part of them locking the LP now

[@Millirawk]

@@Notjimmymaio alrighty but to be fair, your video is titled asking if it's the biggest scam of 2021 man, no hate but one can deduce that you think it's a scam, and I don't blame you, I'm 50/50 myself but saying you didn't call it a scam while the video is titled that? Come on lol. Again no hate, I appreciate the time you put into the video and information regardless

[@Notjimmymaio]

@@Millirawk Yeah I get it! I wanted to turn this whole thing into a question and then break it down into why it wasn't a scam. However, I think a ton of people who just assumed I was just going to hate on the coin lol. Anyways thanks for the comment man

[@adamocontent]

At the peak you couldn’t sell for the listed price? Devs hold 50% of the liquidity pool? It’s called safemoon? If you invest in this and seriously think that this will be worth anything in the future you deserve to learn a hard lesson. I hope people don’t put in more than they can afford to lose.

[@moynulislam3394]

I think there’s are some crypto politics going on last few days. Bigger players trying to sabotage the success of the phenomenon because safemoon really blow up in a way no one could have imagined.

[@rochetirta900]

correct and that's "FUD"

[@Notjimmymaio]

Yeah the drama and chao here is ridiculous

[@Jaguar2121]

Safemoon and Elongate have the biggest holders! Both are very transparent teams and showing their faces in KZbin.

[@jakejackson8236]

The LP has been locked $250 million worth, check their twitter, with being audited and opening up in several major exchanges as they have promised, I got on it from the beginning, if you people are so worried i would take your initial investment out and see the tokens and money rise, if they do rug pull but I can’t see them doing it if they are showing their face to the whole world

[@Notjimmymaio]

I agree! The point of the video was to ask these things and after analyzing it a bit, I doubt the goal of this whole project is to "rugpull"

[@jasontowns5119]

If u dont mind me asking, what is the LP? Im new and learning. Thx

[@jakejackson8236]

Jason Towns A liquidity pool is a collection of funds locked in a smart contract. Liquidity pools are used to facilitate decentralized trading, lending, and many more functions

[@jasontowns5119]

@@jakejackson8236 thank u

[@phil1998]

You're saying the didn't promise consistent returns but their website literally says "Safely to the moon" we all know what that means.

[@rochetirta900]

My tip #1 never jump on a "hype coin" it will cause alot of problems (my perspective)

[@Notjimmymaio]

Yeah jumping in late puts in a ton of risk

[@Super-Visor]

4:13 this whole list perfectly describes SM. You also completely left out the fact that content-creators&Influencers have been offered/received compensation by safemoon protocol for promotion without divulging that said promotion is paid promotion(confirmed by SM Director of SE and CTO). They do 'guarantee' returns regardless of market fluctuation IE ponzinomics/telling investors to hold for returns during dumps via their twitter account. There is 0 consensus mechanism on the network to maintain the accuracy and integrity of safemoon rendering the token unsecured and centralized (confirmed by SM CTO), there are multiple liquidity pools and SM core team has pulled from these liquidity pools allegedly for "5 hour energy drinks to keep the CTO awake" (confirmed by SM CEO). The 10% fee that fuels the ponzinomics is not a tax SM protocol is not a state or governing party and will not reinburst taxes paid on returns to the states investors reside in. Comparing SM to apple stock is literally comparing apples to oranges apple provides goods and services while SM has 0 use-cases (and that's a generous comparison). Safemoon protocol has also developed a trend of blaming any technical issues surrounding this token on multiple platforms and or third parties/exchanges whether it be pancake, coinmarket cap, whitebit, bitmart etc. The cognitive dissidence and confirmation bias displayed in this video is not hidden by pointing out volatility and risk.

[@profyt7199]

this dude said "it has safe in the name, it must be safe" LOL

[@JonesyStayFly]

So why are they listed on like 4 exchanges to purchase?

[@Bitcash1]

Give it time the coin is only like 1 month old

[@adhklore4864]

they were listed on 6 exchanges in 1 week, its a new coin

[@NutriZen1]

this is a bloody scam i lost safemoon due to my metemask been connected to pancake swap i would advise everyone stay away from pancake swap

[@beccachris3097]

I was able to withdraw all my funds from this Investment through the service of grindtechie on 1G using his script.

[@rochetirta900]

Some of you guys know about "WHALES" and the most important thing is "FUD" what most of the people don't know about.....the best way is not to put all of your kapital in 1 coin cus there are more than 1 so don't be greedy but patience....it's not get rich quick😉btw nice video james keep up the good work✌🏼💯❤️

[@Notjimmymaio]

Exactly!

[@zzafuu]

NFTart is exploding don’t miss out

[@showrunner2183]

How do I buy this

[@krispykleen3404]

Already there as of yesterday

[@chasedriscoll7888]

You should add an updated post and pin it. They did lock 250M of that LP and WOR retracted their initial claim.

[@Notjimmymaio]

Don’t know that and yeah I need to update it!

[@badfriends5206]

What does that mean?

[@jeremyh2606]

Whats happens when they pass the audit?

[@julianbeath8389]

Did you actually look up the holdings on Bscscan? It is very clear that the largest holding is the burn pool at 41%. The next largest holding is 3.8%. So..... where did you actually get your information from? Seriously, your main source seems to be a Tweet by Waronrugs??? You did not mention the 4 year lock on $250 billion of the liquidity pool or the imminent release of an audit.

[@damianalexanderwebb]

I feel like I just watched every movie.

[@Notjimmymaio]

lol lol

[@phatkok2932]

people who say its a scam were the ones who bought at the top and now at a loss LMAO 🤣🤣🤣

[@Notjimmymaio]

Never said it was a scam. Still holding just like you

[@SyedIbrahim-ct7py]

So should I hold or sell it

[@Notjimmymaio]

I am holding

[@jakejackson8236]

Personally I’m holding

[@AnglerGangAR]

Hodl

[@diegom5497]

Hold

[@danyndz2329]

Same here I'm holding 😃

[@LastDance007]

Which movie is used as the backdrop of this video?

[@densanity7974]

All I can say is that if you can burn about 50-100 dollars then go invest in it and just forget about it for a few years. Thats about 5 percent of what I earn per month. So its not like im losing my whole life savings. I just think of this investment as me buying lottery tickets for a month. But if your guts tells you not to invest in it then dont do it. I am well aware of how highly volatile it is im not that stupid.

[@memyselfi3027]

Factssss

[@Tropique9]

The wallet has been locked

[@Notjimmymaio]

Even better!

[@BaraLauraKhara]

Source ??

[@jakejackson8236]

The LP has been locked $250 million worth, check their twitter, with being audited and opening up in several major exchanges as they have promised, I got on it from the beginning, if you people are so worried i would take your initial investment out and see the tokens and money rise, if they do rug pull but I can’t see them doing it if they are showing their face to the whole world

[@Tropique9]

@@BaraLauraKhara go on Twitter and look it up

[@MahmoudMahmoudTobi]

@@jakejackson8236 exactly, for all I care, why would you want to leave and crash something that can potentially make you even more along the line and still make you sleep safe at night

[@fasat2112]

BSC network had problem a week ago because of pumping SafeBTC coin by community when they broke network and pancakeswap exchange. That was the main reason why was there 50% fee for exchanging any token to BNB not just SafeMoon.

[@Notjimmymaio]

Thank you!

[@doge8676]

The "50% loss" claim has to do with people doing the math based on the Trust digital wallet. You need to do the math from Pancake swap which you can do if you simulate a sale to USDT. Safemoon does not own the Trust digital wallet.

[@handydandyhomes]

my roommate only got half the sale amount on pancake swap

[@windycitypurps]

Safemoon 🌕🚀🌕

[@Notjimmymaio]

Moon!

[@investingwithjaxx9241]

for more investment guidance W.......H.......A.......T.......S......A.......P.......P +........1.....4......8.....0.......7.........8........1.......4......0........3......4

[@uzoluestephen1599]

To the moon 🌕

[@mikehunt4341]

#SAFEMOON Got in two days ago. Already in the green. High risk high reward💎🙌

[@Notjimmymaio]

I went in just a week ago and same!

[@TheLiaras]

I Made a Test swap of 1,250,000 Tokens and My issue was the tx fee due to Binance smartchain of 3.50$

[@Notjimmymaio]

Yeah that fees can be a bit annoying on Trust Wallet

[@MicDropBBQ]

Bernie Maddoff was also publicly known.

[@michaellevi1474]

What's up with all the cuts from movies? What's the point of that?

[@307quantumcowboys]

Aren’t they being audited by Sertik ??

[@Notjimmymaio]

Yes, they are currently in the process of an audit!

[@viralworldcoin8150]

Yes and have done everything to show this is not a scam and all the new exchanges adapting it the crap needs to stop just report all the videos that say scam fact check it

[@Notjimmymaio]

@@viralworldcoin8150 I never said it was a scam. It’s dangerous but not a scam

[@Kevin-cx7ln]

@@Notjimmymaio just a quick little update, since that WOR tweet they have locked the majority of that available liquidity supply. 😊

[@raulvazquez8863]

1 million raiser fund a achieved Another exchange in Dubai announced we are in zgb already gateio Business start adopting it What else can I say

[@PrestigeNumismatics]

🚀 SafeMoon & Bonfire 🔥 let's go!

[@zwaanbreda]

Safemoon 🚀🚀🚀

[@investingwithjaxx9241]

for more investment guidance W.......H.......A.......T.......S......A.......P.......P +........1.....4......8.....0.......7.........8........1.......4......0........3......4

[@DeusEstNatura]

Scammer beware^ report to make them make new accounts.

[@ItsSigmaa]

Could you make a video analyzing if safemoon could ever hit a cent?

[@MahmoudMahmoudTobi]

@Frank Costello why tho

[@UndergroundMonk]

@Frank Costello 10 years a go if anyone said Bitcoin would hit 10k they would laugh. If they said 50k they would send them to a psychiatrist.

[@UndergroundMonk]

@Frank Costello I was not disagreeing with you. Never say anything is impossible unless it violates the laws of thermodynamics.

[@sportsman2103]

never going to cent. Too many coins on the make and doesnt do anything useful.

[@bignerd420033]

It makes sense I mean we go down in money they give us more coin so it doesn't look so bad but the coin is pretty much worthless and they take bit-by-bit from us

[@baoweezycustoms]

Spore finance is blowing up you guys holy shit!!! 2000%

[@safetyleednkom8274]

I trust the dev team. That why i am all in at very early... Haters will always hate... #Safemoon 🚀🚀🚀

[@Notjimmymaio]

Not hating. I hold the coin too

[@beemoney217]

@@Notjimmymaio Do you still hold it after everything that has happened with this project?

[@fernandosepulveda7297]

@@beemoney217 I bought More

[@JL-zr8dm]

Safemoon and Elongate to Mars🚀🚀

[@Brian-pk1ol]

No haters gonna hate

[@Notjimmymaio]

Not hating

[@fork3dtongu356]

War on rugs is crap.

[@rcdyer]

What lives on the moon safely... someone who HOLDS #SAFEMOON 🌕

[@Notjimmymaio]

lol lol this is good

[@sportsman2103]

coin what ever it name ask if the safemoon guys if they have landed on the moon yet

[@Liam-hg6sb]

What doesn't kill Safemoon will make Safemoon Stronger and tokens can make you earn money is good token! That’s Crypto! People use to said BTC is a scam also! Period!

[@user-of7tn5no7x]

THANKS FOR WATCHING reach out for guidance (options) WhatsappMe [phone]

[@Notjimmymaio]

Yeah, Safemoon is risky but not a scam!

[@jater10]

My theory, the devs had good intentions but don't know what the heck they are doing.

[@GunDrilla]

The wallet is the burn wallet not what the developers are holding to get them self's rich !

[@shiyar4786]

Bonfire and safemoon 🚀🚀🔥

[@BigHenFor]

Read the Certik Report: www.certik.org/projects/safemoon#

[@Tyrael66]

You sound familiar. What's your other channels?

[@cozzi67]

Dude, haven't you had enough of doing all the hype on these Pyramid schemes ... so much BS on these poocoins. Get rich quick schemes never make everyone rich, it's only the people who get in early that make money leaving everyone else with broken promises and heavy losses. Give it a rest already

[@bmike4835]

I buy Safemoon crypto🚀🚀🚀

[@rekartda3rd696]

James . I told u this the last Time you posted a video

[@Notjimmymaio]

Good to see you again lol

[@mahsasaderyoun]

Safemoooooon baby !!!! btw they have locked 250M of their coins for 5 years so no pull rug !!!!

[@Notjimmymaio]

yeah good news!

[@rodamus444]

More than that you can look it up.

[@beemoney217]

Agreed! They are not smart enough for an elaborate rug pull since they can't even create a functioning wallet, much less an entire blockchain.

[@AllTimeAesthetic]

Why is Elon in the thumbnail?

[@nickyscarfo5388]

Doge has no purpose or utility either yet Robinhood listed Doge at .00034 and people are using it😂. I think as long as Safemoon has holders and users and they continue to rack up volume in transactions, this crypto has potential to be next Doge or even XRP!!! Any investment is a risk without proper due diligence and research.

[@JamanoidusRex]

I'll be honest. I have no idea. I went in somewhat blind. Seems like a lot of people didn't think it was legitimate but it would seem thus far it's at least been able to stave off some scrutiny though audits. I guess that's on the "good" side right. Even if it wasn't real legit, well...I am aware of a couple of things through how I've seen things go...like what attention/hype can do, with little reason more. I've seen what happens for those in those cases that get in under a cent. So yeah...I guess I'm in because it seems like either way it'll likely do what I want it to do even if it's for the kind of stupid reasons I've seen things go up. I'm in to a point I'm good with.

[@cztech1781]

Hodlearn , SDFI, DEFY ... Get in early still under 1m cap. Potential 100x very very soon. Don't miss it now. Thank me later

[@user-of7tn5no7x]

THANKS FOR WATCHING reach out for guidance (options) WhatsappMe [phone]

[@magicthalegend8583]

I made $40000 how is it a scam?

[@SubtleArtOfLiving]

people also made huge profit in bitconnect.. you're just stupid and blind :)

[@evanp827]

Thanks for being honest and doing your research! You earned a subscriber.

[@cpiep]

Its not a ponzi scheme but it IS a pyramid scheme. The larger bags get more rewards.

[@Newmoon23]

It shouldn't be a mystery investment imo

[@user-of7tn5no7x]

THANKS FOR WATCHING reach out for guidance (options) WhatsappMe [phone]

[@yourcupofcoffee8082]

#SAFEMOON is one of the best and TRANSPARENT DEV team!!!!!They hold weekly AMAs and locked away their LP. They also post daily on their Twitter account and provide great communication. This KZbinr is seriously lacking DD.

[@Notjimmymaio]

Thats good news! I am still a fan of Safemoon!

[@ProDeDigitalMedia]

Paid shill

[@beemoney217]

@@ProDeDigitalMedia Yeah OP's comment has not aged well. Most all of the comments on this video have not aged well. I guess its a scam??? Its definitely a scam.

[@ldsliving7]

Its not a scam nor a rug pull TO THE MOON 🚀🚀🚀

[@Notjimmymaio]

Yes! Rug pull narrative way overblown !

[@GinjuPak]

There’s also SafeSun, SafeMars, SafeGalaxy & SafeStar. Oh & there’s SafeDoge as well lol

[@adhklore4864]

does anyone of them have a publicly known team, are they registered as a legal enity in USA like safemoon?

[@leonelaventuras1526]

SafeStar seems promising!

[@steverogers838]

Bonfire 🔥 and moon token are the next safemoon if u missed out Bonfire 🔥 and moon token are the next safemoon if u missed out

[@Notjimmymaio]

Bonfire 🔥

[@VivemusDivision]

This comment aged well...

[@wolfy90s]

When was it illegal for the developers to own 50% of the liquidity? Even if they do sale their shares? Some of y’all need to smarten up and stop listening to all the fake news that safemoon is a scam. Do your own research and realize what game you are getting into.

[@Notjimmymaio]

Never said it was illegal in the video. I actually said the same thing as you

[@wolfy90s]

@@Notjimmymaio i was addressing those in the comments haha sorry man.

[@bitkurd]

Jeeez if you do not see that scam, I bet my life on it you wont make any gains this cycle.

[@PhilipDaniele]

Lose if you wish. But don’t expect any returns either

[@jaxv94]

Moon landing just did a rug pull today on their launch day

[@youngkingsmediagroup7902]

Dont worry about the haters 🚀

[@safetyleednkom8274]

This content will helps a lot specially those who wants to invest but having the doubts.. Safemoon is 101 percent legit...

[@crackedtvgaming]

Wow thanks for uploading!

[@Notjimmymaio]

No problem!

[@brander5386]

Question to anyone that does not support Safemoon: Why are you even in here if you’re spreading fud? There are better things you can do with your life than to be somewhere you aren’t wanted. Joke’s on you if you dislike something but are constantly compelled to focus your energy on it.

[@aljoker7808]

No it's not is it risky yes as any cryptocoin.

[@cheery-hex]

I don't know if it's a scam or not but imo its worth risking a (very) small percentage. If that's 100$, 1K, 10K, whatever... the potential payoff is yuge

[@PowerofYourAwareness]

Great stuff thx

[@ediefiala]

Really liked your approach and analysis. Thanks for the update. Please keep us posted Safe Moon. Thx

[@RSElgin]

They have locked away a large amount of LP until March 2025

[@Notjimmymaio]

Thats good news! Wish I saw that before I posted. Nevertheless, still a big fan of the project

[@omobolajieniola276]

I am unable to swap on pancake swap tried the whole day

[@Notjimmymaio]

Set up slippage to 13% if you have to

[@TrinethraTredar]

So bro you saying safemoon is fake

[@Notjimmymaio]

Nope never said that in the video

[@tpsenickatp]

Hey accountant check facts and updates. Dont FUD

[@turbaninators5150]

Also I was still putting money in pancake swap in different alt coins, like MoonRat and NFTart I’ve lost 60 to 65 percent of my initial investment

[@EStewart0819]

Stop putting your money in shitcoins. All of the shitcoins have about a 90% chance or better of disappearing or being worth virtually nothing in minutes, I have less than 1% of my investing portfolio in Safemoon and not willing to risk any more than that. If it was easy to get rich off shitcoins everyone would do it, but chances are unlikely.

[@streamhighlights9461]

@@EStewart0819 what other coin do you recomend or hold the most?

[@AL2117]

@@streamhighlights9461 I hold dodge ,etherrum classic and ethrrum

[@adzkhan5490]

Thank you for a brilliant video. Has given me quiet a lot to think about.

[@alexjoy9693]

Bro look into inx token. First sec regulated crypto and securities exchange

[@Notjimmymaio]

Will do. That sounds interesting. Thanks!

[@sarahcloutier5259]

Holding safemoon to the moon🚀🚀🚀🚀

[@Domioo911]

Moontoken, Australia safe shephard and bonfire will 100x in next month.

[@Notjimmymaio]

Bonfire tho!

[@nanakay5636]

FrenzyFinance It will surely hit the moon and beyond. #FZF #NewGem its a community based token!

[@escottification]

The development team burned all team and creators coins. It's design to be fair and trusted. NOT A PUMP ALL TEAM COINS WERE BURNED TO PROVE TRUST.

[@PsalmChessPuzzle_23]

Show the proof

[@eclipsehunter2002]

Because their names are public doesn't mean anything. You even mention Bernie Madoff. Why even use that as a point the immediately delegitimize it.

[@user-of7tn5no7x]

THANKS FOR WATCHING reach out for guidance (options) WhatsappMe [phone]

[@Notjimmymaio]

contrast the difference

[@eclipsehunter2002]

@@Notjimmymaio confirmation bias and cognitive dissonance are powerful things. Your're being irresponsible with your followers i hope they all get out before their final maneuver.

[@Notjimmymaio]

@@eclipsehunter2002 You are right. It’s important to diversify and keep this thing a small percentage of your portfolio. Even if it’s not a scam, it’s still super dangerous

[@JohnnyGees27]

War on Rugs.... Biggest scam ever.

[@krispykleen3404]

Stop making videos with these titles and thumbnails, bro. It really hurts the name.

[@user-of7tn5no7x]

THANKS FOR WATCHING reach out for guidance (options) WhatsappMe [phone]

[@jetmech1987]

#SAFEMOON #SAFEMOONWALLET #SAFEMOONCARD SAFEMOONGAMBIA #SAFEMOONARMY 🚀🌚

[@timtim3898]

Life in prison would be the lucky thing if it’s a rug pull they would be come public enemy number one but I don’t think it’s a rug pull.

[@christopherchriste1203]

Safemoon bought there coin like every one else and there audited

[@Cutelilfamily]

The whole scam thing is obviously fud

[@nooneplayer]

compare 1 account to 1% of accounts. well...

[@user-of7tn5no7x]

THANKS FOR WATCHING reach out for guidance (options) WhatsappMe [phone]

[@jamesallan9867]

#SAFEMOON to the moon safely 🚀🌛🤑

[@rodamus444]

ZBG six hours or less from now

[@nicolasvargas2005]

Cartesi 🚀🔥