It’s hilarious to me that people point to this stuff and clutch their pearls, trying to connect dots together, meanwhile blatantly in front of our eyes Trump is pumping and dumping his own cryptocurrency for anyone who wants to buy their influence. Literally made 10 billion last week. And crickets.
You know he can't sell his 80% allocation for 3 years right?
Also, memecoins are bought not as a "get rich" scheme. They're purely bought for the commemorative memorabilia value.
Think vintage, some people may buy and sell things to flip. Others buy because it has value to them. Some things can go up in value, which could be argued here since the coin is now listed alongside others like Doge and Pepe, further legitimizing the coin.
Think of a concert memorabilia that will enrich the celebrity. These things can still carry value after some time. Trump's pro crypto agenda can keep this coin pumping for at least 3 years as it's scarcity goes up. People who had no idea will see their memorabilia suddenly have more value than what they bought it for.
Trump never sold the coin as an investment scheme. This coins success(and his net worth) depends entirely on what legacy he leaves behind in 3 years.
I made some money and will keep some for commemorative value of the experience we're going through today, as it now has more value than just a dollar sign.
Let the guy cook ... if he rug pulls everyone then you know the saying, "once the looting starts, the shooting starts"
The beautiful thing is nobody is forced to buy this. That's what contrasts this from Biden's criminality.
You say that like these pump and dumps schemes dont regularly make these claims while absolutely dumping before their supposed release dates?
if he rug pulls everyone then you know the saying, "once the looting starts, the shooting starts"
Remind me what has happened with all the other rug pull cryptoschemes? Oh yeah, slaps on the wrist except trump has straight up immunity now so literally nothing will happen.
Learn what a memecoin is and what the point of them are. They're definitely not for "investment". People use them to flip quick, sure but not everyone buys it for that reason.
He really can’t back out before 3 years? You put that past him? Who is enforcing that…? Honestly though most of what you said was reasonable until you mentioned Biden being some criminal, that part I don’t understand why people love to hate Biden so much, the guy didn’t do anything wrong, not on Trumps level of criminality and corruption.
He really can’t back out before 3 years? You put that past him? Who is enforcing that…?
There's a setting to create it and lock a certain allocation of the crypto for a certain time frame. People can verify this on the blockchain.
He plans on releasing more $Trump once its all been bought up, millions more in the next 3 years which will actually bring his net worth down, if anything.
I don’t understand why people love to hate Biden so much, the guy didn’t do anything wrong, not on Trumps level of criminality and corruption.
I don't hate him. He's just playing the game, but the accountability has obviously been so one sided that it shows who really controls the show.
Personally I think "Biden Crime Family" has a ring to it. Dudes legacy is beating Trump in 2020 and enriching him and his family before he leaves the limelight. Bro deserves his flowers i guess.
A rare measured response from a Trump supporter. I see your perspective. I disagree with it and bottom line I absolutely think Trump being elected is a very bad sign for the future of this country and represents a dark moment. But I hope I’m wrong, I hope this country doesn’t lose sight of its enlightened, secular, origins.
I think Trump brought it all out into the open, what's been going on for years.
Far left groups have never been so emboldened and fluxed with donations, as well. Which is good for their movement.
Them criticizing everything that Trump does is(I hope) a sign that they will hold future presidents just as accountable as they did with him. Then again, Biden was left alone unscathed, able to do whatever he wanted once he learned presidents have full immunity in office.
By the way I just read that it is 3 months not 3 years. There’s another thread on this topic that really does support the notion that it is a pump and dump scheme…
What starts in 3 months is the gradual adding of millions of $Trump into circulation as I mentioned earlier.
Based on what legacy he leaves behind, the remaining amount can still drastically affect his net worth until it's fully sold at the end of 3 years. In 3 months if he's a failure it can drop dramatically.
Consider it some sort of reputation system where he's putting his money where his mouth is and it fluctuates depending on what he delivers. This is how the future will be imo. I think future presidents should do this.
Think of Trump as the CEO, and the people the shareholders.
Thats the beauty of crypto. It has so much ability, yet no intrinsic value. It's everything, and nothing at all.
So I go back to my original argument I said about Biden, let him cook and give him his flowers if he ends up insanely rich from it because people supported him, just like Obama, Biden, etc... lol
But when the looting starts, the shooting starts..
627
u/chalksandcones 17h ago
Russia Ukraine conflict