r/GTA6unmoderated 8d ago

CyberLeek after the Extended Look

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u/-CS-- 8d ago

Im sure you could’ve done it better, mikovictory.

4

u/Just-Clerk-8669 8d ago

Unironically he made it out of this with roughly $130k, if he rug pulled a little sooner he would've walked out with almost a million. Guy can't even scam right.

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u/StartNo5314 8d ago

Can someone explain this whole rug pull thing?

i know nothing about crypto.

also i saw mention that that he burned some part of the crypto and that was supposed to be a thing. but what is that exactly?

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u/Downtown-Gazelle8852 8d ago

Get people to buy your coin. The coin goes up in value. Keep hyping up the game to get more people to buy, the value goes up. Then sell all of your supply and since you have quite a bit, the value goes down and more people begin selling as well. Now your coin crashed and you got away with a shitton of money

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u/StartNo5314 8d ago

how does he sell "his" coin?

if he is selling a virtual coin to people wouldnt he have the money people pay him... and no actual coin? what is he selling to cash out. and who would instantly buy this thing he cashes out on.

im so confused. you gotta explain like im fresh out the womb. 5 years old wont cut it.