WONDERLAND $TIME is crashing and $wMEMO is taking a massive hit. Over 77% in just the last 3 hours. Daniele Sesta and Sifu ($TIME treasurer) have to make very difficult decisions but Daniele Sesta’s $wMEMO / $TIME got liquidated and it was over $15M in a single day (January 25th). Is there still hope for WONDERLAND $TIME and the entire ecosystem? I believe so yes, but this is going to be VERY hard to bounce back from.
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In this episode
– Big % drop in $wMEMO
– Whats Sifu and Sesta saying?
– Are buybacks happening?
– Liquidations on chain proof
source
The wMemo bots weren't even leveling out the price correctly. Sifu and Dani minted all the wMemo for $1 each. They already got all the money. Can you do a video on Diamond Bank Dao Hedge Fund feb 1st true fair launch?
I poured one out for the frog nation when this happened. What a ride!
A great observation in Wonderland time, but hey could you take a look at the Diamond Bank Dao? I'm curious about it. they have a good insight too.
A great observation in Wonderland time, but hey could you take a look at the Diamond Bank Dao? I'm curious about it. they have a good insight too.
Wouldn't be surprised if one day you try to visit the wonderland site and it's gone
is there even a way to exit now? trader joe, sushi, and swapspace dont recognize memo or wmemo..
Great info and insight as always.It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. A lot has changed and that's on everything but the truth is I don't even care much about bullish or bearish market anymore because Dr Ethan Lincoln got me covered as I have made over 7btc from nov till date. His trading skills are exceptional. >
If I'm understanding this correctly, he took loans using wMEMO as collateral. If this is the case, it's all tax free
I will forever be indebted to you you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs. Katie Stein
all your dao is a scam so far.. sad but lesson learn stick with stable a legit crypto not to get rich coins
The Graph confirms Time is Not going to the Moon. Its going to the centre of the Earth.
It’s over – wonderland time scam
Sorry to everyone that got hit. I almost bought in when TIME/Wonderland was $3,400 but something told me to hold off. Now Sifu has been doxxed and has a long criminal record in the financial/crypto industry including changing his name 2 times since the mid 2000's. That's really awful due diligence on the part of Daniele to let someone with a past like that manage the treasury.
I will forever be indebted to you 😇you’ve changed my whole life I’ll continue to preach about your name for the world to hear you’ve saved me from a huge financial debt with just little investment thanks so much Mrs Christi Noren
Of course everytime you are doing a video all things you are talking about are crashing.
Thanks for your content, always appreciate it. Don't feel bad, we all didn't see this one coming.
What I buy on, and what has worked for me a lot as a non-professional investor, is social sentiment. People really support Daniele and the community he created. Based upon past behavior of personally giving money to those who had been hacked, I guessed that his reputation was important to him. Unless they pull a rabbit out of a hat, I guessed wrong.
I did not wrap up more than I could lose in Wonderland, but that doesn't mean I am HAPPY to lose even a penny. I feel bad, because I know a lot of people chucked more than was reasonable at this project.
Ya watching all of this is super hard, Down to 5k from 18k LoL. I'll give them a week to get something out to calm the market or make it worse and then I'll decide. I'd love to say I'm diamond hands but a diamond can still be worth 0 is the project dies. Grrrrrr
These projects can not last with big market crashes
WMEMO was a bandaid. The intent was to stop the perceived bleeding on TIME, no? I mean I'm still bullish. Bought $5k yesterday at the dip.
Great content, but you should not be saying sorry to people for being angry at you. Number one rule is that you always have to do DYOR.
This is disappointing but not concerning yet. The markets are in turmoil and rather than withering away the treasury with buybacks I believe the development team is utilizing the capital to play the long game. The dev team has also foot stomped loyalty quite a bit recently and while I don't think this dip is intentional, I do believe that it's going to be utilized to reward heavily those that remain loyal through this storm.
Hey man appreciate your content and people have to DYOR it’s not on you if people lose money. Crypto is tough and people need thick skin in they are playing in this sand box. Keep up the great content and excellent opinions.
Hey Dan. Any chance of you looking into Drip Network. The returns just seem unrealistic. Possible ponzi scheme?
Who dosent like a good Ponzi scheme ehh?
The buyback its one of the problems it allow people and whales to keep pump and dump in a infinite cicle, let the market set the price, we that are long terms holders are down bad now they want to merge with abracadabra to $spell. Why the fuck they don't add a 20 % sell fee for those who sell before 7/14/28 days and distribute them for long time holders.
Wait and see how ftm gets reckt i told u Cross-collateralization is highly risky.
You are going to get reckt.
It's the same shit they did in the housing bubble with Fannie Mae Freddie Mac. Where they would approve anyone with a pulse and the gov backed the scheme.
Asset holder binds the asset and uses loans to buy another asset.
The new asset then is used as collateral to buy another asset as many times as they want and when there is any sort of dip they liquidate and take all of it in your name when price fluctuates.
It's flat out negligence for promoting shitcoin when its key feature is Cross-collateralization.
People your money still exists but it's not yours now. Since you entered a contract with the process of Cross-collateralization. Your assets fall into the facilitators or the Cross-collateralization.
I'm sure you saw all the shit they came out with today looking forward to what you think of all this spell shit
Ehh that’s how we learn man, now I know what to invest in, and daos are not one of them especially long term, get in and get out
DRIP IS BETTER THAN TIME. WAYYYY BETTER TOKENOMICS.
I am really worried bought at 8k but I dont consider you at fault. I hope this gets bettter
There’s a shadow a doubt in your mind, most of us just fine chillin
Respect lost and un subbed.
wMemo was such an L for this project – added layers and confusion to the already working system. I have to hold at this point