Fake News: Redditor makes $24,000 from Reddit Moons. Always remember DYOR

I just read an article, which was posted here a day or so ago: https://ift.tt/3rDoSzu states that a reddit user, was awarded 80,000 moons and that he swapped them for the equivalent of: 0.92 BTC.The ATH for xDai on honeyswap has only ever been 0.02705. That means at most the redditor could have made is: $2164.The post from the mods only came out introducing moons on 13th May 2020. I'm not sure if moons came out that day or later, so lets choose this day as a starting point: https://ift.tt/3dJgJSx as its safe to assume the announcement came before any sending of moons.Next lets look at BTC. If the Redditor made the maximum ATH at the time from the swap and did in fact get: $2164 which was 0.92BTC.Equation: Y = P% * XY = money from swap (2164)p% is BTC bought (0.92) = 92%2164 is 92% of 2352.1739That means that bitcoin would have had to be: $2352 at the time of buying.According to the chart created by coindesk: https://ift.tt/3aNT8Sv :Bitcoin was $8815 on that day and has not dipped below that since then.I put it to you, that this is in fact fake news.It's important to note, that whilst bullish to be good in the news, fake news hurts our community and we should endeavour to swat out the scum that post it. Websites that post crap articles without research get instantly blocked by me. You should start doing the same. They are clickbait and spammy.Stay safe and happy holidays!

Submitted December 29, 2020 at 08:58AM

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