Eli5 what happens to crypto tokens that the creator keeps for themselves?

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Let say a random person make 100 tokens called, qtc. They throw 50 qtc and 50 eth into the liquidity pool, so one qtc is worth 1 eth. If a person buy it, they are getting it from the pool. What happens to the 50 qtc in the developer wallet, because on paper, it is worth 1 eth each?

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Anonymous 0 Comments

It’s crypto, it’s all scams built on top of crazed massively manipulated speculation built on top of ponzi schemes.

So, in answer to your question, when someone creates yet another pointless blockchain with tokens, they con people into buying it and then try to manipulate the price upwards so they can sell out and get real money.

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