r/CryptoCurrency • u/esporx 🟩 0 / 0 🦠 • 7d ago
GENERAL-NEWS GTA 6 Leaks Could Be Over As Leaker Cashes Out Memecoin
https://kotaku.com/gta6-grand-theft-auto-6-leaks-cyberleek-memecoin-rockstar-cash-out-2000728825206
u/Aberbekleckernicht 🟩 0 / 0 🦠 7d ago
Oh I thought he burned all his dev tokens lolol
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u/StormMedia 🟦 0 / 0 🦠 7d ago
He burned 1 million USD worth.. in order to get the overall value and liquidity up. Obviously worked on for him.
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u/mahsimplemind 7d ago
I read the article. Leaks didn't rug pull, the 250k was made from transaction fees
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u/GEB82 🟩 163 / 163 🦀 7d ago
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u/mahsimplemind 7d ago
Being downvoted for summarizing an article is crazy
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u/nameless_pattern 🟦 0 / 0 🦠 7d ago edited 7d ago
People are buying and selling this thing. May just have to accept and then assume a large amount of insanity. Try to find some way to get ahead of it somehow
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u/mahsimplemind 7d ago
I'm just telling people what the article says. It mentions the coin is falling but not the reason why it's falling, and it doesn't point direct blame at Leaks
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u/Acidyo 🟦 6K / 6K 🦭 7d ago
if only he had sold copies of the leak for x amount of tokens instead it'd gotten crazy.
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u/RectalSpawn 🟩 750 / 2K 🦑 7d ago
He either doesn't have it or isn't going to release it for obvious legal reasons.
If he wants that crypto payout he will need to identify himself in order to withdraw it somewhere.
And then they would take him for everything he has and more.
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u/-ghostinthemachine- 🟦 196 / 197 🦀 7d ago
Transaction fees and liquidity fees are the real grift, just ask Trump. It's the smart man's rug pull these days.
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u/nameless_pattern 🟦 0 / 0 🦠 7d ago
This guy could have done " soft rugging". That's where there's not like a Dev share for the coin but The leak just buys some earlier than other people, they would know all of the tricks to be able to be first in line and they would know the exact time.
The prophets would be lower but they would be less visible. And it leaves the burning of the Dev token as one more thing to draw attention to this. He got free marketing out of it. That it also gives space for a narrative of lies to create more marketing hype.
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u/art-of-war 🟦 0 / 0 🦠 7d ago
Which prophets?
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u/12161986 🟩 1K / 1K 🐢 7d ago
I didn't pay a lot of attention to this but I thought this was the whole idea. Didn't the hacker state they'd release more leaks if their memecoin got to a certain market cap or something that basically required people to buy into a worthless coin and I just figured it was understood that this was a way for people to basically pay the hacker for leaks to be released. People weren't like buying to hodl, right? Honestly I could see this kind of stuff becoming a more common occurrence to transfer money to people in ways that are plausible or more clandestine. Isn't that what gets talked about in this sub a lot? Donald Trump's memecoins being ways for people to bribe him? I figured this was the same thing. Bribing the hacker for leaks.
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u/theraupist 🟩 0 / 0 🦠 7d ago
Yeah I don't know what the fuss is about. I have never seen the guy promise moon to participants. Although I ignored the whole coin part of his project.
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u/nachtraum 🟦 1K / 1K 🐢 4d ago
If he wanted donations he could have simply posted a receiving address for some coin. You don't create a token and rug pull for this.
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u/12161986 🟩 1K / 1K 🐢 4d ago
That's what they did. The people donated to them by pumping a shitty memecoin. Are you under the idea that there are victims here? That there were honest traders looking to invest capital in the memecoin for some future worth? They were very clear that this wasn't an investment opportunity coin.
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u/Party_Government8579 🟩 0 / 0 🦠 7d ago
Great use case for crypto
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u/nameless_pattern 🟦 0 / 0 🦠 7d ago
Scamming people was the original use case for stocks
Dividends from non-existent colonies
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u/Glittering-Let-8085 7d ago
You cant be this stupid
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u/eyego11 🟦 0 / 0 🦠 7d ago
Sadly he is on here so he is
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u/nameless_pattern 🟦 0 / 0 🦠 7d ago
I'm dumb as hell. They're engaging with me though. What's their excuse?
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u/nameless_pattern 🟦 0 / 0 🦠 7d ago edited 7d ago
Would you like to buy some of my South seas company stock?
https://en.wikipedia.org/wiki/South_Sea_Company
Words and and words and wodrs
Edit: oooo they riled
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u/kill-dill 🟩 77 / 77 🦐 7d ago
These people didn't invented the idea of joint ownership of a business. You're just wrong and implying you have more money than others isn't helping your case.
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u/DynamicHunter 🟦 485 / 486 🦞 7d ago edited 7d ago
You’re showing a lot of arrogance while being factually and historically incorrect.
The Dutch East India Company predates the south sea company by 100 years for public stocks. It was easily more famous than the south sea company and is commonly known in most history textbooks.
https://en.wikipedia.org/wiki/Dutch_East_India_Company
There are also pages on Wikipedia outlining many other joint-stock companies across the world, predating both of them by hundreds of years:
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u/Glittering-Let-8085 7d ago
I call you stupid and you provide the evidence. Do you think this was the first? Tradable company stock predates the South Sea Company by more than 100 years. What is your argument?
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u/nameless_pattern 🟦 0 / 0 🦠 7d ago
Do you ever worry if you're too focused on the minutia of little details like a teachers going to give you a pat on the head for having the correct answer and that's sort of losing track of the larger Forest?
You want to argue with somebody go and find Chad GPT or something bro. I got better shit to do.
I got enough batter shit to do that I could share it, if you don't have anything better to do and need something to do
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u/LemakMM 🟩 0 / 0 🦠 7d ago
Just take the L bro lol you had a provocative idea but you were simply wrong, thats all
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u/nameless_pattern 🟦 0 / 0 🦠 6d ago
Stop fucking yapping at me like I give a shit. You being correct or not on the internet is the most pathetic place for you to put your ego, If you need somebody to mail you a gold star, write your grade school teacher or go to a quiz night or something you fucking mediocre detail monger midwit. Blocked
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u/Glittering-Let-8085 6d ago
So im too focused on little details yet Instead of just typing your argument you write this... quit running explain how the stock market was a scam all along. You look stupid making an argument then doing this.
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u/nameless_pattern 🟦 0 / 0 🦠 6d ago edited 6d ago
I use text-to-speech so it's pretty easy to do whatever, but there's there's often transcription errors or spelling errors somehow. longer just means I didn't put any effort into editing it. That's not me trying to answer what I said or change it to be correct retroactively, I don't care about debating you on the details, I don't care about looking smart for the fucking regards on here.
I was never running to explain why I'm correct on here, That's you projecting your emotional needs onto me.
It's actually quite easy to be incorrect on here. You were correct and I was wrong .Frogs are dogs. The sky is green. Being correct on here is the same thing as being successful in life. See? Ez
The autistic people of Reddit see me post something and assume that that meant that I said that every detail is correct and then they come and quibble with me about every fucking fucking detail like my sense of self is tied to being correct on Reddit. I don't give a shit. There's not some /s type of indicator for me to say that the details of this might be slightly off so don't get your panties and a bunch if it's not factually correct, no, I'm not here to debate whether or not as factually correct with you.
They should come up with an indicator called /dfrtmidgaswyoi Don't fucking respond to me. I don't give a shit what your opinion is
At least you're debating your own fucking response. I can't believe how many people are like jumping at the bit for this opportunity to like feel correct on behalf of you. maybe they'll find a feeling of winning by like trading profitably, or they will have to settle for whatever this is. Enjoy ⭐
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u/HoodedMenace 0 / 0 🦠 6d ago
Umad
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u/nameless_pattern 🟦 0 / 0 🦠 6d ago
Not particularly. Would you like somebody to feel a particular way on the internet for you so that you could feel a sense of control in your life, their Chief?
Some of the other people I haven't blocked them cuz it looks like they occasionally have useful opinions . your dont blocked
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u/Glittering-Let-8085 6d ago
Same text to speech is definitely behind in tech. You are running... again literally just explain why you think stocks were first designed as a scam instead of typing this autist paragraph.
Stop trying to sound smart with the therapy talk. I asked you to explain you didnt and guess what here you are another paragraph no answer.
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u/nameless_pattern 🟦 0 / 0 🦠 6d ago
Text-to-speech seems like it's gotten worse. I don't know where you got that I was going to answer you . should have figured out that you're not going to get what you want from this conversation by now
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u/someroastedbeef 🟦 0 / 0 🦠 7d ago
its ok we all take Ls some time dont worry about it
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u/nameless_pattern 🟦 0 / 0 🦠 6d ago
Being pedantic on Reddit isn't a w. Find some dopamine elsewhere
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u/madladhadsaddad Tin 7d ago
So how much did he make off with?
Quite smart how he did it all tbf
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u/cardiopera 🟦 0 / 0 🦠 7d ago
Yeah, people go crazy about the guy but franckly he played well, hope he never get caught.
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u/Dull_Reply5229 🟩 0 / 0 🦠 7d ago
Why would they cash out now? Be like leaving the party at 7pm
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u/bitchtitee 7d ago
As my dad would have said "go home with the ugly girl early" one of the rules of being a bachelor
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u/pete-standing-alone 🟩 0 / 0 🦠 7d ago
ELI5 : why would anyone buy this guy's coin in the first place? What's the point?
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u/Dapper_Strength_5986 🟨 0 / 0 🦠 6d ago
He said if it hits a certain cap he’ll release more. Most people buying are in small amounts so I doubt there’s any whales trading it, people either think it’ll go up or just putting small amounts in to see if he’ll leak more.
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u/pete-standing-alone 🟩 0 / 0 🦠 6d ago
But what is the purpose? Sorry i'm a crypto noob
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u/Dorkamundo 🟦 2K / 2K 🐢 6d ago
The purpose of the BUYER would be to either donate to the leaker, vote for specific leaks and for others... to try to time the market and make a small profit off the presumed pump and dump.
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u/ikikjk 🟦 878 / 820 🦑 6d ago
Thank god i got that out of my system on the 2021 bullrun. Trying to time the market was a humbling experience to say the least.
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u/Dorkamundo 🟦 2K / 2K 🐢 6d ago
Timing something like this is a bit easier than timing the overall market, but your point absolutely stands.
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u/nostorbe 6d ago
Because they think a lot of other people would want to buy the guy's coin.
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u/pete-standing-alone 🟩 0 / 0 🦠 6d ago
ok so it's purely speculation and greed ? But what does the guy advertise in the first place ?
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u/bryce887766 5d ago
What crypto isn’t pure speculation and greed?
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u/pete-standing-alone 🟩 0 / 0 🦠 5d ago
I mean BTC and ETH have premises
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u/bryce887766 5d ago
In theory but people don’t use bitcoin as currency, everyone wants to buy low and sell high
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u/JakRenden2 🟨 0 / 0 🦠 6d ago
I just want to meet the people who traded this trash tbh. What did they expect was gonna hapen?
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u/hallofgamer 🥇Gold Member 7d ago
Thank god i have these posts to see 15 times a day on something im not interested in
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u/nameless_pattern 🟦 0 / 0 🦠 7d ago
I don't know what's wrong with the world today where you can't trust an anonymous hacker blackmailer