this post was submitted on 19 Jan 2025
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[–] ocassionallyaduck@lemmy.world 56 points 6 days ago

Don't worry, the DOJ under President Trump wl prosecute those responsible.

Namely the reporters making these allegations.

[–] Feathercrown@lemmy.world 31 points 6 days ago (2 children)

No sympathy. Fuck everyone who paid Trump for this shit, I hope they needed that money.

[–] ReluctantMuskrat@lemmy.world 9 points 5 days ago* (last edited 5 days ago) (1 children)

The problem isn't that idiots are throwing their money away. It's that foreign governments and bad actors can give Trump money this way.

[–] Feathercrown@lemmy.world 1 points 5 days ago
[–] Carighan@lemmy.world 4 points 6 days ago

Yeah same, I really really really wish a necessary and life-saving surgery they now cannot afford to each and every wanker that paid into this crap.

[–] MothmanDelorian@lemmy.world 37 points 6 days ago (1 children)

This is not a rugpull but a readjustment. The purpose of this coin and Melania's coin is to get around laws preventing foreign sources from donating to or bribing Trump.

[–] rayyy@lemmy.world 3 points 6 days ago (1 children)

Well yes and no. It's a way for foreign countries to launder their bribes. They "buy" the coins knowing he will get the money. The quasi-rug-pull part is him extracting the laundered money. Everyone, except his shit-head followers, understands this.

[–] MothmanDelorian@lemmy.world 1 points 6 days ago

I suspect this coin might not be a complete rugpull though. I suspect the rugpull cones at the end if his term or when he dies whichever comes first.

[–] phughes@lemmy.ca 27 points 6 days ago (2 children)

The first I heard of Trump's memecoin was a headline declaring it was worth $25 Billion. I'm a pretty online person, so I tend to hear about these things pretty quickly. The article said it was worth $9 billion in 12 hours.

$9 billion is an unimaginable amount of money for any number of people to decide to "invest" in under 12 hours. The only way I can explain that happening is if many, very wealthy people, had been notified about the coin going up for sale ahead of time and wanted to curry favor with Trump.

What a fucking embarrassment this country is.

[–] futatorius@lemm.ee 7 points 6 days ago (1 children)

People have not actually put $9 bn into it. The value is crudely extrapolated from price and volume, but there's nothing actually there.

[–] phughes@lemmy.ca 2 points 6 days ago

I guess that makes sense. So if they only sell 1 coin out of 1 million and they sell it for $100 then they can walk around saying the lot of coins as a whole are worth $100 million? (obviously a simplified example)

[–] CharlesDarwin@lemmy.world 4 points 6 days ago (1 children)

I'm not even sure which exchange(s) it is on? I wonder if it's almost entirely about laundering money and almost none of the peasant redhats put money into it.

[–] AngryRobot@lemmy.world 5 points 5 days ago

It's entirely for foreign governments to bribe him and nothing else.

[–] CharlesDarwin@lemmy.world 25 points 6 days ago

This is the Rug Pull Administration, after all. Might as well kick it off with really, really big and obvious grift.

[–] But_my_mom_says_im_cool@lemmy.world 13 points 6 days ago (1 children)

Who cares? He’s gonna get away with all of it

[–] futatorius@lemm.ee 1 points 6 days ago

Unless and until he is stopped. I wonder if anyone is trying to take down the exchange?

[–] sirico@feddit.uk 5 points 5 days ago

On closer inspection the rug has been made with a row of pulleys which were attached to f350's rolling coal. So you can understand the suprise.

[–] zipzoopaboop@lemmynsfw.com 11 points 6 days ago

Every crypto is intended as a rug pull

[–] FolknForage@lemm.ee 3 points 6 days ago

lol who’s still holding this shit

[–] grue@lemmy.world 191 points 1 week ago (3 children)

Jimmy Carter sold his fucking peanut farm, and now this is the point we're at.

[–] FlyingSquid@lemmy.world 68 points 1 week ago (2 children)

And doesn't get his 30 days of mourning. Because Carter can't even get a fucking break after he dies.

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[–] neme@lemm.ee 126 points 1 week ago* (last edited 1 week ago) (11 children)
[–] CharlesDarwin@lemmy.world 4 points 6 days ago (1 children)

...And that's not the Onion? Looks like she is laughing so hard at the idiot peasants getting rug-pulled already in that pic.

And also: "you can buy Melania"? Um, phrasing?

[–] futatorius@lemm.ee 2 points 6 days ago

We already knew that. Or at least, rent.

[–] FlyingSquid@lemmy.world 197 points 1 week ago (15 children)

Sometimes I wonder what it must be like to go through life without a sense of shame.

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[–] affiliate@lemmy.world 68 points 1 week ago (4 children)

The disclaimer Novak referred to in his skeet (the generally accepted term for a Bluesky post) …

who has accepted this term? i want names

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[–] HelixDab2@lemm.ee 59 points 1 week ago (2 children)

This is a clear and obvious pump-and-dump. Anyone that falls for this deserves to be fleeced.

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[–] ExtremeDullard@lemmy.sdf.org 54 points 1 week ago (9 children)

Look at the bright side: only a die-hard magard would fall for this grift. So when Trump pulls the rug, the magards will finally realize they've been took.

In other words, Trump is innoculating his own followers with the cure for Trumpism.

[–] NaibofTabr@infosec.pub 133 points 1 week ago

So when Trump pulls the rug, the magards will finally realize they've been took.

Bless your heart.

No, no it will be the democrats' fault somehow. Or brown people. Or both. Probably both.

[–] IHeartBadCode@fedia.io 49 points 1 week ago

the magards will finally realize they've been took

No they won't. They will line up for the next one. The only reason they will ever stop is because they have nothing left. And then when they have nothing they will blame immigrants, woke, Soros, or whoever for their lot in life.

There are people who exist in this world who can not comprehend that the actions they take lead in part to the consequences that follow. The only thing that can be done is to watch from the side them losing everything and then getting out of the way as best one can in their fit of rage.

Sort of like a person with a gambling addiction putting the last $10k of their life savings into a slot machine. We know what's going to happen, there is nothing that can stop it from happening.

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[–] EpicMuch@sh.itjust.works 50 points 1 week ago (36 children)

Please correct me: is this nothing but entirely fake money?

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