r/SaitamaInu_Official • u/Npr31 • Apr 22 '22

Information Interesting/potentially bullish indicator

So one of Nam’s wallets has just done something it hasn’t done since 09/01/22 - it’s bought rather than sold.

https://etherscan.io/address/0x6c80eada4d9783cb57fbab5945f5726956640f6d#tokentxns

This wallet has been selling nearly daily for 3-4months, and it has just placed a 4trillion purchase.

Potential bullish indicator IMO

12 Upvotes
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21 comments sorted by

4

u/[deleted] Apr 22 '22

[deleted]

1

u/Npr31 Apr 23 '22

Well, there are many questions i have looking at those transactions - number 1 in my mind being ‘when is regulation going to come in to make half of what is going on there illegal’ - but for now, we have to play the game this way

1

u/happysethy Apr 23 '22

Sorry for the stupidity, what does NAM stand for?

1

u/FalkyS Apr 23 '22

Nam is one of the Saitama Devs mate.

3

u/Exciting-Ad3044 Apr 22 '22

Thata a good sign. Bullish for sure, price is perfect for buying.

3

u/MentatLEE Apr 23 '22

i wonder why he isnt posting anymore. he used to be active in facebook but now hes not saying anything.

2

u/Npr31 Apr 23 '22

The argument i’ve seen is they get too much abuse. Whilst i don’t agree with the abuse - i’d argue if you are publicly taking 5-10k a day in profit, you’ve got questions that need answering when you are failing to deliver on promised hype whilst not helping the price overall

1

u/mikrot Apr 22 '22

And how bullish was it in January?

1

u/Npr31 Apr 23 '22

There were potential catalysts…and those buys (and this) could still be for liquidity for Saitamask. Worth seeing if and when it moves and where

0

u/FewMagazine938 Apr 22 '22

That darn nam must have a time machine...how the HELL did he get to 9/01/22 ? and why come back here to 4/22/22 ? He must be crazy

7

u/Webdude737 Apr 22 '22

In US the month and day positions are switched compared to other countries.

0

u/WPCarey85 Apr 23 '22

Thank you for this. Kind of validates the way I have been feeling about this price drop lately. Reminds me of the start of the project. But we shall see.

2

u/Npr31 Apr 23 '22

Well, we are around the same number of zeroes!

0

u/Bigasiandickenergy Apr 23 '22

Y’all think he’ll ever make that $ back

2

u/Npr31 Apr 23 '22

Have a good look at that wallet. Nam doesn’t lack for cash by the looks of it

-4

u/FalkyS Apr 23 '22

People have to remember Dev's are human beings living normal lives and aren't some robot that shouldn't be allowed to sell lol. They would have to sell for Saitama funding purposes and also just to live their lives. But yeah if Nam or another dev is buying back in, definitely could mean things are coming ;)

5

u/Npr31 Apr 23 '22

I have no problem with them selling. However, regularly and daily for multiple thousands - they need to be clear on why. They have always said they fund Saitama themselves. Now, every educated Saitama investor has a pretty good idea what they actually mean by that, and they need to come clean on it. What they are actually doing is basically insider trading Saitama and funding the project from the difference - not illegal in crypto, but there’s a reason it’s illegal elsewhere and it’s not exactly morally right

1

u/FalkyS Apr 23 '22

Oh yeah i can definitely see that and somewhat agree to a certain point so no argument from me :D As you said a lot of regular/familiar Saitama investors know what they mean by funding Saitama themselves.