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Eugene

(62,937 posts)
Mon Jan 20, 2025, 05:07 AM Jan 20

MAGA Voter Buys Trump Coin... THEN IT CRASHES! - Adam Mockler



Jan 19, 2025
Adam Mockler with MeidasTouch Network breaks down Donald Trump's supporters getting rug pulled.

________________________________________________

To the surprise of almost no one, the $Trump token lost 40% of its value in the space of an hour.

Among the comments:
Fool me once, shame on you
Fool me twice, shame on me
Fool me over and over again, Welcome to MAGA! 🤪

4 replies = new reply since forum marked as read
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brush

(58,573 posts)
1. How does some entity gain leverage over trump by anonomously buying these coins? The money goes into trump's...
Mon Jan 20, 2025, 05:21 AM
Jan 20

pocket, it's anonymous so he doesn't know or care where the bucks came from. All he knows he's millions/billions richer. Chinese or Russian of any entities can't take the money back. Can't say, "hey, I bought to many coin/tokens/memes or whatever", trump ccan just laugh all the way to a bank where he puts actual money in. He's not foolish enough to keep money in his own scam.

Even he knows that crypto markets go up until insiders take the money and fun. The volatility is designed into them purposefully.

Eugene

(62,937 posts)
3. Crypto is pseudonymous. If you know the wallet address, everything is visible on the blockchain.
Mon Jan 20, 2025, 07:55 AM
Jan 20

That's one way the world knows that insiders currently hold 80% of $Trump and 90% of $Melania.
1. Discreetly show a wallet containing a market-moving quantity of tokens.
2. Threaten flood the market by dumping the tokens. Crash the price of the token
and the net worth of other large stakeholders.

This all assumes that insiders don't rug the coins first.

brush

(58,573 posts)
4. So trump just wants people to buy them and then take the moeny out,before a crash, right?
Mon Jan 20, 2025, 01:34 PM
Jan 20

There always seem to be crashes with crypto and someone getting away with other people's money.

Very chancey.

rampartd

(1,299 posts)
2. i'm not sure how this is different from the "non fungible tokens"
Mon Jan 20, 2025, 06:19 AM
Jan 20

but that is good, since i'm not inclined to "invest" in anything that i do not understand.

in fact, i'm not sure how this is different from the beanie babies that were said to be "worth thousands of dollars." or stock in the mississippi company.

https://www.mshistorynow.mdah.ms.gov/issue/john-law-and-the-mississippi-bubble-1718-1720

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