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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: tokyohd on May 02, 2022, 07:52:25 PM



Title: Safuu continues to decline, what causes it?
Post by: tokyohd on May 02, 2022, 07:52:25 PM
Hello guys,
We are all know that, Safuu is the most popular & successful project at the recent time. But suddenly Safuu continues to down. What is the reason?

Recently released the Safuu token Price Prediction:
https://techbullion.com/safuu-coin-price-prediction-2022-it-looks-like-it-is-preparing-for-a-breakout/

What is your comment, recently released the price prediction of Safuu?


Title: Re: Safuu continues to decline, what causes it?
Post by: sunsilk on May 02, 2022, 08:14:32 PM
In the crypto market, they all follow bitcoin.

So if bitcoin is dropping, then you should see that next would be the altcoins that you've got to fall as well.

That's how it usually goes and you don't have to look for any reason for it if there's no good or bad news that you've seen.

It's the usual market cycle that we're seeing so the alts are heavily affected when bitcoin dumps.


Title: Re: Safuu continues to decline, what causes it?
Post by: alik111 on May 02, 2022, 08:32:04 PM
Safuu can be a good project but almost every altcoins dump when Bitcoin market is volatile and it dumps. So if Safuu is really a great project then it will pump again when Bitcoin will be stable.


Title: Re: Safuu continues to decline, what causes it?
Post by: Faisal2202 on May 02, 2022, 08:51:37 PM
Well, Certik firm has declared it the most risky platform which mean it provides high apy% you can check the full details here: https://twitter.com/CertiKAlert/status/1506318316037619713
I think, it needs to be stay in the limits so that's traditional people could also put their money on it, But for me, it's more than risk, But instead of these circumstances it's price showing great impact, i don't know what's the reason behind it but platform seems to be have something for their users, infact it's all could be a honey pot or something big, like they are giving away a tesla car, you can check on their twitter,
Crypto is being used wrong, ( it's what i thought) But if they help community to make great money they are going to moon or otherwise can go side ways.


Title: Re: Safuu continues to decline, what causes it?
Post by: crzy on May 02, 2022, 08:52:30 PM
There’s no good coins/tokens on a bear market, I mean everything will drop and their price might hit the bottom as well because its necessary, you can just buy more or just hold as long as you believe that its a good project to invest with. I see the good potential of Safuu, its better to increase your holdings while the price is cheap because if the market recovers, it will follow the trend and rise as well.


Title: Re: Safuu continues to decline, what causes it?
Post by: dark1234 on May 02, 2022, 09:42:25 PM
actually why down..???
the reason is the current market conditions are still showing a bearish trend after the previous month bullran and this will continue to happen maybe at the point when BTC reaches 30k$ or 28k$ so no good tokens or coins will last if bitcoin goes red


Title: Re: Safuu continues to decline, what causes it?
Post by: BAGOBO on May 02, 2022, 10:01:04 PM
This project decline is not entirely the impact of the current market conditions, but the concept of this project offers an illogical% apy can be realized in a year, so the first bullish factor because initially people speculated high profits in staking for a certain time, but I believe when the profit tempo, they had left early.


Title: Re: Safuu continues to decline, what causes it?
Post by: Coyster on May 02, 2022, 10:15:39 PM
We are all know that, Safuu is the most popular & successful project at the recent time.
How were you able to come to this conclusion, mind you that there are a lot of new projects that come into the market and do so well at the beginning because of the hype at that very time, only to dump when that hype is over and prolly not rise again. I hope you did your research about this project, and even if generally the market is somewhat in a bear period, some coins would not recover when the market is good again, meaning such coin is dead, we call them pump and dump coins, i just hope for your sake that this coin isn't in that category.


Title: Re: Safuu continues to decline, what causes it?
Post by: Yogee on May 02, 2022, 10:58:35 PM
Hello guys,
We are all know that, Safuu is the most popular & successful project at the recent time.
No I don't. I have not even heard of this token or read anything about it until this post.

Quote
But suddenly Safuu continues to down. What is the reason?
How about a pump a dump?

It's also natural for a token that pumps insanely to drop without a special reason. People who previously bought out of speculation will have to sell at some point.

Quote
What is your comment, recently released the price prediction of Safuu?
I think it's a BS. When was this token lauched? Last month? You cannot make any useful prediction with very little data.


Title: Re: Safuu continues to decline, what causes it?
Post by: Teraboy on May 02, 2022, 11:19:57 PM
As predicted by so many bounty hunters who got scammed caused by safuu if the price will always be going down. The CEO of this project was a scammer. This project was scamming the hunters
The old project that has been running by the CEO was also become a scam project as well. I would not be surprised to see that you will be dumped by the team of safuu.
You must be careful with this token. Safuu can be a scam anytime.


Title: Re: Safuu continues to decline, what causes it?
Post by: Rigon on May 02, 2022, 11:33:44 PM
All markets are being dumped. Where bitcoin prices are being dumped, the Altcoin section must be dumping.If the Bitcoin market is pumping, the Altcoin market will definitely pump. There is no bad news behind Safuu here.


Title: Re: Safuu continues to decline, what causes it?
Post by: Sled on May 02, 2022, 11:33:48 PM
Hello guys,
We are all know that, Safuu is the most popular & successful project at the recent time. But suddenly Safuu continues to down. What is the reason?

Recently released the Safuu token Price Prediction:
https://techbullion.com/safuu-coin-price-prediction-2022-it-looks-like-it-is-preparing-for-a-breakout/

What is your comment, recently released the price prediction of Safuu?
Tried to look around the crypto market and everything is declining.
Whatever the reason why but at this time as Bitcoin is also suffering such a trend, never expect that this project will go in a different direction as it certainly is going through with others. So never get surprised and never bother yourself if you think that this Safuu project has the potential as it surely recover once Bitcoin moves back to recovery.


Title: Re: Safuu continues to decline, what causes it?
Post by: rahmad2nd on May 02, 2022, 11:40:53 PM
I know with Safuu coins when reject payment for bounties participants and all project have broken agreement with campaign bounty always have bad ended, but Safuu first time launching have higher price and looks is not potential when investing trough still higher price, better with project or coins have lower price early and later have chance to higher price but Safuu have pump on the early launching before coin back drop. But have negative side with this project include on tread reputation with scamming bounty campaign participants.


Title: Re: Safuu continues to decline, what causes it?
Post by: n0ne on May 02, 2022, 11:53:30 PM
Every altcoin market depends on bitcoin. With safuu same is the scenario, and there is nothing specific about the market drop with safuu. Even if there is some failure, that isn't revealed to the community. It has got good trading volume, so if it is really a potential project recovery will happen when market turns bullish. Even now what the particular token is undergoing doesn't look like a massive downturn in my view.


Title: Re: Safuu continues to decline, what causes it?
Post by: utkuy on May 03, 2022, 12:05:21 AM
Safuu collects tax during buying and selling.
Is there a possibility that Safuu will be listed on a centralized exchange in this case?
Such a situation could bring the end of the safuu system. Because taxes are not paid.


Title: Re: Safuu continues to decline, what causes it?
Post by: icalical on May 03, 2022, 12:40:12 AM
The delisting of Safuu by Certik absolutely has impact together with current bear market, it will get worst I think. Other than that Safuu has a lot of issues from the start, some of it roadmap and projection is too good to be true, and unrealistic.


Title: Re: Safuu continues to decline, what causes it?
Post by: Blank-Head on May 03, 2022, 12:44:24 AM
If the bitcoin market is pumping, the Altcoin market must pump ৷ At present Safu project is much better. Safu a few are slowly advancing and being a coin stable in the marketplace. Safuu may be a good project but almost every altcoins is dumped when the bitcoin market is volatile and it is dumped. The condition of the marketplace is not good and if this condition is overcome then Safu will be able to improve further. So if Safuu is a really good project then it will pump again when Bitcoin is stable. Safu will return to a better position this way.


Title: Re: Safuu continues to decline, what causes it?
Post by: yazher on May 03, 2022, 01:07:55 AM
Right now the market is not looking good and when the BTC price is decreasing, the other coins are following as well because the BTC price stands at the heart of the crypto industry. Only a few coins that have some future plan and constant updates will remain alive in the future because when the other coins will lose their investors, there's nothing that can push the price up again. As for the Safuu, if its developers have some plan to remain active at a time like this, they won't lose any investors rather they will acquire more trust for their project.


Title: Re: Safuu continues to decline, what causes it?
Post by: Fundamentals Of on May 03, 2022, 03:06:15 AM
We are all know that, Safuu is the most popular & successful project at the recent time

Oh come on, don't tell yourself a lie and believe in it too. When I opened this thread I was expecting that the discussion was all about SAFU as in Binance's Secure Asset Fund for Users, the exchange's way to insure their clients' funds in times of emergency. But I was surprised this is all about a token. So don't make it even appear that this token is popular. This is my first time hearing about this token. This is neither popular nor successful for now at least.


Title: Re: Safuu continues to decline, what causes it?
Post by: indo1 on May 03, 2022, 04:15:40 AM
there is no shocking news coming from SAFUU nor bad news that it will drop sharply lower. I believe this is the impact of bitcoin's drastic drop in recent days triggering some coins that didn't have any good news this month to experience sharp declines. SAFUU has been stagnant in the past month, if they have any good news in time with them they will definitely bounce back with their previous popularity.


Title: Re: Safuu continues to decline, what causes it?
Post by: CryptoATM on May 03, 2022, 06:52:36 AM
Same fall is affecting other High APY return projects like Safutitano which was trading at 0.67$ weeks ago and now its at 0.14$ that's a massive dump lol, only launchpad projects are doing fine right now, the way the market is struggling right now I think more dumps are coming.


Title: Re: Safuu continues to decline, what causes it?
Post by: 5W-KILO on May 03, 2022, 07:24:13 AM
When BTC falls every other altcoins will surely revaluate too, this is just normal and also ghaoe Safuu and other high percent projects are not safe, I don't know about you guys but I am not just into such projects because the risk is way too high.


Title: Re: Safuu continues to decline, what causes it?
Post by: GigaBit on May 03, 2022, 09:23:56 AM
Hello guys,
We are all know that, Safuu is the most popular & successful project at the recent time. But suddenly Safuu continues to down. What is the reason?

Recently released the Safuu token Price Prediction:
https://techbullion.com/safuu-coin-price-prediction-2022-it-looks-like-it-is-preparing-for-a-breakout/

What is your comment, recently released the price prediction of Safuu?
I don't think there's any reason to worry. This is definitely a good project. You have to pay attention to the price of almost all the coins which are all in red signal. In the current market cap almost every coin including bitcoin go down. So don't be upset just wait for the correction.


Title: Re: Safuu continues to decline, what causes it?
Post by: makishart on May 03, 2022, 11:35:35 AM
It's caused by people distrust this project. Remember that the projects with non sense APY like that is a very risky project. people who have been investing in this kind of projects are betting their money. The bearish trend was also contributing to the dump that already happened but im sure that this caused by very big apy that makes people prefer to dump their farmed tokens rather than hold it.

This is bad for long term. People will only care to dump their tokens rather than buy. you can expect the price will be dumped so hard.


Title: Re: Safuu continues to decline, what causes it?
Post by: Ezravdb on May 03, 2022, 12:12:23 PM
Same fall is affecting other High APY return projects like Safutitano which was trading at 0.67$ weeks ago and now its at 0.14$ that's a massive dump lol, only launchpad projects are doing fine right now, the way the market is struggling right now I think more dumps are coming.
That's true and I hope you don't get caught up in the trash tokens that come into the market a lot because trash tokens are sometimes very similar to other tokens that have gone viral in the past. This is what everyone is always researching in the period of a market downturn that is not yet known how long it will last.


Title: Re: Safuu continues to decline, what causes it?
Post by: StarKay on May 03, 2022, 01:03:22 PM
From my research and also from the link the OP posted, I don't see any thing abnormal about SAFUU price behaviour that called for any serious concern, the general market condition is bearish although there is no sharp dip but there is a gradual dip that has erased almost every gains made by most coins.

I think SAFUU price will recover once the general market condition stops being bearish.


Title: Re: Safuu continues to decline, what causes it?
Post by: marcous on May 03, 2022, 01:06:11 PM
When BTC falls every other altcoins will surely revaluate too, this is just normal and also ghaoe Safuu and other high percent projects are not safe, I don't know about you guys but I am not just into such projects because the risk is way too high.
The influence of Bitcoin for all the altcoins in the market is still very large so it is normal and natural for altcoins to be low in a period of Bitcoin decline like now and they will also start to increase again when the bull market and Bitcoin start happening again in the market.


Title: Re: Safuu continues to decline, what causes it?
Post by: lobo13hf on May 03, 2022, 04:33:35 PM
I saw so many big APY projects have death so many times. SAFUU is also one of these projects that already offered thousands percents of APY to the its holders and stakers. If i have owned safu and staked it to get very big- APY and i will always try to dump it to the market once i receive my reward. The inflation problem will always become the main reason why the price is going down. This is a common situation as per the disadvantage from the project with very big APY.
Im sure that people know this so well. The price of project with big inflation like this will always go down.


Title: Re: Safuu continues to decline, what causes it?
Post by: BobK71 on May 03, 2022, 04:56:15 PM
Safuu is Auto-Staking & Auto-Compounding Protocol which is provide the highest fixed APY, paid every 15 minutes. It is definitely a reliable project. I know that it's all time price was $227 and the current price is $135. In my observation it is not so different form the last ATH because we know  that the market condition is negative. So i didn't get any special cause to down it's price.


Title: Re: Safuu continues to decline, what causes it?
Post by: Victorik on May 03, 2022, 06:06:17 PM
Hello guys,
We are all know that, Safuu is the most popular & successful project at the recent time. But suddenly Safuu continues to down. What is the reason?

Recently released the Safuu token Price Prediction:
https://techbullion.com/safuu-coin-price-prediction-2022-it-looks-like-it-is-preparing-for-a-breakout/

What is your comment, recently released the price prediction of Safuu?


Point of correction, Safuu is not the most popular and successful project in recent times. And incase you are not aware, Safuu is a shitcoin with no real utilities apart from getting rebases for holding the token.
The price is going down because investors are cashing out their profits and if no new investors come in, it will continue to go down.


Title: Re: Safuu continues to decline, what causes it?
Post by: Xal0lex on May 03, 2022, 08:55:07 PM
Hello guys,
We are all know that, Safuu is the most popular & successful project at the recent time. But suddenly Safuu continues to down. What is the reason?

What is your comment, recently released the price prediction of Safuu?

What? The most popular and successful project of all time? Well, that depends on what you compare it to. And actually it's not, at what point is Safuu the most successful?

I see the project only recently started trading on the market, at the end of March. I think this project may very well get squeezed now, as the altcoin market is collapsing, and new projects, after a little growth, often tend to renew their historical bottom.

I saw in the article that this project has a huge APY: 383,025.80%. Really? Where would such a huge interest payout come from in the first place? At the expense of what? Too untrue numbers that are usually inherent in all sorts of shitcoins.


Title: Re: Safuu continues to decline, what causes it?
Post by: lionheart78 on May 03, 2022, 09:23:47 PM
Hello guys,
We are all know that, Safuu is the most popular & successful project at the recent time.

Where did you get this?  I don't know Safuu until I read this thread

But suddenly Safuu continues to down. What is the reason?

1.  It is not because Bitcoin is down.
2.  Hype died down
3.  The reward system is more likely a Ponzi Scheme.  Probably there are fewer people getting in the reason why price declines.  Staking = more tokens produced which means more supply.

What is your comment, recently released the price prediction of Safuu?

This kind of system is destined to fail if they don't maintain the number of people coming in.  You can see more price crashes in the near future if the developer does not manipulate the market or put money to pump the price.  Besides, i won't buy this token personally, because once I buy this token I already lost 14% of my holdings, and when I decided to sell it I will lose another 16% of it.  This isn't good for an investor.





Title: Re: Safuu continues to decline, what causes it?
Post by: Doell on May 03, 2022, 09:35:53 PM
Hello guys,
We are all know that, Safuu is the most popular & successful project at the recent time. But suddenly Safuu continues to down. What is the reason?

Recently released the Safuu token Price Prediction:
https://techbullion.com/safuu-coin-price-prediction-2022-it-looks-like-it-is-preparing-for-a-breakout/

What is your comment, recently released the price prediction of Safuu?
First, I read about bitcoin predictions which will peak at 82K in 2022 I'd be glad if it came true, I read the article you attached, there it explains.
Quote
SAFUU Price Prediction for May 2022
SAFUU started in May 2022 at $158.645 and is predicted to finish the month at $162.35. During May, the maximum forecasted SAFUU price is $198.306 and the minimum price is $134.848.
Honestly I'm confused by the price written at there, the value is very different from reality, it confuses the reader. But I don't know what the exact reason is that Safuu continues to experience a down trend, maybe it's a correction.


Title: Re: Safuu continues to decline, what causes it?
Post by: Psynthax on May 03, 2022, 10:57:24 PM
Don't you even aware if mostly of the new projects that offered millions of ATH were so scammy? No doubt that safuu were also offering the same APY like that. You can imagine this by yourself. When you are owning big chunk of tokens and you stake it with the millions percents of APY and in a week you will be getting massive reward for your money.
Im sure that you will be exchange this reward into the stable tokens or something else. This what have done by those who have participated in the staking.
It's only ruining the project until it will die


Title: Re: Safuu continues to decline, what causes it?
Post by: Fatunad on May 03, 2022, 11:12:19 PM
Don't you even aware if mostly of the new projects that offered millions of ATH were so scammy? No doubt that safuu were also offering the same APY like that. You can imagine this by yourself. When you are owning big chunk of tokens and you stake it with the millions percents of APY and in a week you will be getting massive reward for your money.
Im sure that you will be exchange this reward into the stable tokens or something else. This what have done by those who have participated in the staking.
It's only ruining the project until it will die
It would be a cycle and it would be always like that and its just common sense that you would evaluate these kind of projects to be shitty ones or something that cant really be trusted
up on long term aspects and its true that no good or bad altcoin whenever bitcoin or market trend is negative or in bearish mode on where most or all of coins in the market would
be in decline on which it isnt surprising that prices are really that correlate from time to time but speaking with long term aspect then it would
always be varying on community support.


Title: Re: Safuu continues to decline, what causes it?
Post by: Jaered on May 03, 2022, 11:34:18 PM
I am a bit befuddled by the decline and dump. It was doing good some days ago, now this. I plan on withdrawing once I made a x200% killings but its looking unlike now


Title: Re: Safuu continues to decline, what causes it?
Post by: WalkerIVIV on May 04, 2022, 08:42:15 AM
When people are loosing their confidence over this project and the price will be started to dump as people are moving their assets into the new tokens that available in the market. The price is quite stable for now but this is caused by the small supply that available in the market. This is making the price can sustain from the dump. i thought that if you didn't aware if the price was not dumping a lot.


Title: Re: Safuu continues to decline, what causes it?
Post by: Innerpumper on May 04, 2022, 08:58:48 AM
Safuu coins have great potential if everyone understands that this is precisely the golden opportunity to take advantage of its advantages at such a low price. What I noticed is that there is no bad news with these coins, they are just stagnant, there has been no development that has brought them to the fore, but maybe the core team is waiting for a fixed moment to announce the good news, currently the market is showing more negative conditions, Safuu should be able to even lower.


Title: Re: Safuu continues to decline, what causes it?
Post by: awik p on May 04, 2022, 09:41:16 AM
When people are loosing their confidence over this project and the price will be started to dump as people are moving their assets into the new tokens that available in the market. The price is quite stable for now but this is caused by the small supply that available in the market. This is making the price can sustain from the dump. i thought that if you didn't aware if the price was not dumping a lot.
On the other hand, seeing the decreasing price of bitcoin, it is not surprising that other altcoins will follow suit, especially since Safuu is a new project that still needs more communities to develop its projects. lucky with a small supply keep it more stable than the others. we can see in the next bullish season whether there will be any plans to make changes or not. I think the news about safu will have an impact, because new projects are generally only fundamental analysis that can be used as a benchmark


Title: Re: Safuu continues to decline, what causes it?
Post by: Lubang Bawah on May 04, 2022, 09:57:37 AM
I invest and follow Safuu for almost 4 months and the price continues to decline, in various chat chat many teams are optimistic that if Safuu will skyrocket again, as an investor, of course I must be realistic and will give enough time to see the development of Safuu for at least 4 months.


Title: Re: Safuu continues to decline, what causes it?
Post by: Smitty Werben Man Jensen on May 04, 2022, 08:02:59 PM
I invest and follow Safuu for almost 4 months and the price continues to decline, in various chat chat many teams are optimistic that if Safuu will skyrocket again, as an investor, of course I must be realistic and will give enough time to see the development of Safuu for at least 4 months.
I see on coinmarketcap the price of SAFUU is still stable, it is at a price of $130 to $180,
of course this is one of the coins or altcoins that was not affected by the dump that Bitcoin experienced,
very lucky if you invest in SAFUU, because you don't experience a decline deep one


Title: Re: Safuu continues to decline, what causes it?
Post by: bitcrystal on May 04, 2022, 10:20:58 PM
its whats happening to every coin they are declining as well so its not only an issue with a single token. current market situation dosent respect any token as good or bad because as bitcoin keeps going down it will also dump. its either you keep hodling, cut your loss by dumping or buying more with DCA technique.


Title: Re: Safuu continues to decline, what causes it?
Post by: Smack That Ace on May 04, 2022, 11:11:19 PM
Hello guys,
We are all know that, Safuu is the most popular & successful project at the recent time. But suddenly Safuu continues to down. What is the reason?

Recently released the Safuu token Price Prediction:
https://techbullion.com/safuu-coin-price-prediction-2022-it-looks-like-it-is-preparing-for-a-breakout/

What is your comment, recently released the price prediction of Safuu?

Almost all other altcoins are experiencing bloodbath days, not just Safuu. The market is running depending on the behavior of bitcoin so it is not surprising that bitcoin is in a bearish period.

I have not done any research on this coin and do not hold them but if you think it is a potential coin you can buy it while the price is falling and wait for the market to rise. We are in a bear market, so don't expect any growth in any coin.


Title: Re: Safuu continues to decline, what causes it?
Post by: Lagduf on May 04, 2022, 11:18:45 PM
just kinda the usual cycle of following the bitcoin market movement but considering its APY that safu offers that sometimes doesn’t make any sense i'm thinking that at some point this altcoin could get any lower than it is currently.
also considering the fact that this project has gotten really bad reputation due to its past deed it could get even lower anyone should just better be prepared considering that the current crypto ecosystem isn’t lacking any similar project
I mean even the same similar project like safuu appearing like literally every weeks.


Title: Re: Safuu continues to decline, what causes it?
Post by: NicNacCoin on May 04, 2022, 11:19:05 PM
We notice that Safuu has started to decrease a lot. The reason for this reduction is not love. Maybe the bitcoin market has come down a lot which has caused Safuu to go down a lot.Many people are saying that spamming will happen in many ways but if the bitcoin market grows then the Safuu price will definitely go up.


Title: Re: Safuu continues to decline, what causes it?
Post by: WalkerIVIV on May 07, 2022, 11:52:06 PM
When people are loosing their confidence over this project and the price will be started to dump as people are moving their assets into the new tokens that available in the market. The price is quite stable for now but this is caused by the small supply that available in the market. This is making the price can sustain from the dump. i thought that if you didn't aware if the price was not dumping a lot.
On the other hand, seeing the decreasing price of bitcoin, it is not surprising that other altcoins will follow suit, especially since Safuu is a new project that still needs more communities to develop its projects. lucky with a small supply keep it more stable than the others. we can see in the next bullish season whether there will be any plans to make changes or not. I think the news about safu will have an impact, because new projects are generally only fundamental analysis that can be used as a benchmark
I know that but the performance of this project was also so bad. The big APY will become a disaster for long term and look at this time. It's going down over 30% compared with another altcoins in the market. As i said that if the disaster for the tokens with very big APY is just started. These kind of tokens will be going to the bottom as soon as possible. Bitcoin will make them all gone to the hell and yeah investors need to leave it as soon as possible.