Hello, sorry for not having answered sooner, I admit to having been jaded by the comments without any argument related to the contract. But you took the time to answer so the least I can do is to return it.
Moreover, English is not my native language, I thank you for your understanding.
Things that made me believe that this is a red flag when they shill it to make x1000
It is true that Diegopiquitos is very optimistic when he says "soon" x1000 .
However he is honest when he says that the token is designed for a potential x1000 (which would mean 100M MC, nothing incredible here), and if you had taken the time to read the contract or at least the whitepaper you would see that he is not wrong.
Looks like a potential scam to me.
and people are shilling it for you to make a lot of money and people defending it not a scam
Show me a single low MC token that does not proceed like this.
This is how communication works among small new tokens.
99% of them are scams, it is risky, but when it pays, it pays big.
Here the LP is definitively locked, and the contract ownership is renounced.
The contract is open source and has been audited several times.
Devs and team members have communicated their wallet addresses to the rest of the community.
The team leader communicates regularly in live video.
It's not so bad.
there's really no usability function of this token
No usability function? The contract includes a function that pays the last buyers in BNB, if no purchase occurs during a period ranging from 30min to 3sec, depending on the jackpot level. It's a mix of betting & lottery and speculation. So it won't cure world hunger but there is a usability function.
it can be manipulated based on their scheme so its a good playground for whales to make a lot of money.
Can I ask why? Are you talking about a reason inherent to this token in particular or all low MC tokens?
Because it seems to me that this is a constant on DEFI, whales rule the game everywhere.
Otherwise, in this token there is nothing that anyone can do that others cannot.
I'd rather invest in the top altcoins in the market that have something to prove in the crypto space than something like that has nothing to prove yet.
It is your right to prefer to be a late investor, bet on solid altcoins and hope to make x2 on your $50k. It is an excellent strategy. But there are people (like me) who cannot afford to invest more than a few hundred $ and then have more interest in hunting very early & low MC tokens where it is regularly possible to make x1000.
So others who don't know much about the crypto industry should be careful.
I totally agree and I would even go so far as to say that beginners should never invest more than a few dozen dollars in their first 2 years of investments. Because whatever they do, whatever advice they receive, unless they have extraordinary luck they will get fleeced anyway, like everyone before them.
Then the funny thing about the OP's title is that the LPC will be x1000, really.
May I humbly ask you why LPC could not reach 100M MC ?
I wasn't impressed with the presentation in the video; it looks a bit like the work of someone who won't do good to investors.
I can't say what the creator of the video intended, but this video was made at the request of the community to make sure investors understand the unusual tokenomics.
However, when you say "it looks a bit like the work of someone who won't do good to investors" I am curious to know your arguments?
Everything proposed about this token is too good to be true and even the video as presented alone is enough to open ones eyes to the fact that the project won't be of any profit to an investor bit just to the project developers alone
As a member of the community, sincerely seduced by the contract, I would very much like to know your arguments please?
Another interesting thing is how the only users that are supporting and praising the project potential to go x1000 are members with accounts whose registration is dated this August few minutes
o0 and days after.
ellasisking . Just these are a common signs that it probably could be they are working together.
I can't speak for others, for my part I didn't know this website before and I created my account when I saw that a member had written about LPC. I meant every word I said, even if I regret having been so hasty, I didn't take the measure of the place on my first visit.
I do agree with you @gunhell16, taking the risk with those already existing altcoins is preferably a way to go for those that are so immersed with shitcoins.
I totally agree, investing in proven altcoins is a much safer investment.
At 100k MC it's more of a game of chance than a reasonable investment. The odds of success at these marketcaps are ridiculous. That's the whole principle of being early, big risks for big gains.
For the moment the contract seems to be working, the "pot of gold" prize pool has been won more than 20 times, for a total of just over 40BNB
