Started By
Message

GameCoin(GMEX) Anybody still hodling?

Posted on 1/10/22 at 5:41 pm
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 1/10/22 at 5:41 pm
Did this project hurt as many inexperienced, local people as it looked like it did?

When it was running, there seemed to be some really big buys, and I hope those weren't coming from regular people who didn't have the money to lose. With those kinds of buys, it can hurt.

Not to mention the tax implications of the hard fork.


This post was edited on 1/10/22 at 5:42 pm
Posted by ellishughtiger
70118
Member since Jul 2004
21135 posts
Posted on 1/10/22 at 5:59 pm to
Is this the one that Todd Graves invested a bunch into?


Posted by 21Dalrymple
Baton Rouge
Member since Aug 2013
87 posts
Posted on 1/10/22 at 6:19 pm to
It was pump and it was dumped, anyone left holding now just doesn’t realize the rug has been pulled.
Posted by JAMAC2001
Member since Jan 2013
2768 posts
Posted on 1/10/22 at 6:49 pm to
Seems like once it went into a downward spiral, it was over.

I have a few friends who invested and watched their balances climb to as high as 800k only to be slashed down to low 5 figures.

Many of the early investors seem to have cashed out most of the liquidity, leaving only those who put in late and would be selling at a major loss. For their sake, hoping it turns around.

This post was edited on 1/11/22 at 12:29 am
Posted by FnTigers
Member since Sep 2021
1467 posts
Posted on 1/10/22 at 7:32 pm to
It's a sad and pathetic situation.

Mascona should be ashamed of himself for promoting such trash.
Posted by lynxcat
Member since Jan 2008
24256 posts
Posted on 1/10/22 at 7:38 pm to
What value does the coin offer?
Posted by FnTigers
Member since Sep 2021
1467 posts
Posted on 1/10/22 at 7:42 pm to
quote:

What value does the coin offer
Nothing. It's a pump n dump with one of the ugliest charts in crypto. It's terrible and a LOT of Baton Rouge people got rekt.

Hard lesson to learn.
Posted by Wallace Ritchie
Des Moines, Iowa
Member since Oct 2021
492 posts
Posted on 1/10/22 at 8:18 pm to
Typical Mascona
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 1/10/22 at 8:30 pm to
the pitch sounded like a scam from the get go

quote:

Our vision with this coin is to allow any athlete in the world the ability to create their own token to raise the value of their self-worth through production and progression in their chosen sport/sports. The Game Coin will make this possible.



this is the biggest bunch of crypto word salad I've ever seen. Worthless.
Posted by trilltiger
LA
Member since Nov 2007
2677 posts
Posted on 1/10/22 at 8:40 pm to
Pulsex. Info

Free yourself
This post was edited on 1/10/22 at 8:43 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80856 posts
Posted on 1/10/22 at 10:29 pm to
As 95% of Money Talk expected, it crushed a frickload of people
Posted by FnTigers
Member since Sep 2021
1467 posts
Posted on 1/10/22 at 11:20 pm to
quote:

As 95% of Money Talk expected, it crushed a frickload of people

Can't say they weren't warned.
Posted by BoogalooCopperpot
In my own head
Member since Jan 2021
458 posts
Posted on 1/10/22 at 11:40 pm to
These kind of lessons need to be learned.


They never will though.
Posted by Pintail
Member since Nov 2011
10711 posts
Posted on 1/11/22 at 12:16 am to
quote:

the pitch sounded like a scam from the get go


The same scam artist that happened to have his Lamborghini randomly burn to the ground.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10449 posts
Posted on 1/11/22 at 6:44 am to
When GMEX was a top 50 token, I told a buddy he was crazy to not sell. He corrected me and said it is going to a dollar. I asked him, "what does the token do." He shrugged and said, "what does any of them do?"

That buddy no longer invests in cryptocurrencies.
Posted by go ta hell ole miss
Member since Jan 2007
13686 posts
Posted on 1/11/22 at 7:24 am to
quote:

Mascona should be ashamed of himself for promoting such trash.


Do people call into his show? If so, I’m guessing someone has asked him about it by now.
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 1/11/22 at 8:55 am to
quote:

That buddy no longer invests in cryptocurrencies.


Your buddy isn't alone.

GMEX will be the reason a lot of new people never buy into a project again.
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5159 posts
Posted on 1/11/22 at 8:56 am to
Do you think this thing was an actual pump and dump from the get go?

Or was it with good intentions and just went wrong?
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 1/11/22 at 8:57 am to
people chasing gains without even glancing at the pitch of what they are investing in is pure gambling and I'd argue it isn't a good bet. I hope they don't approach all of their investments with such a cavalier attitude.
Posted by FnTigers
Member since Sep 2021
1467 posts
Posted on 1/11/22 at 9:04 am to
quote:

Do you think this thing was an actual pump and dump from the get go?
Probably not malicious intent, but if you look at it enough you realize the fate from the jump.

quote:

Or was it with good intentions and just went wrong?
I don't know their hearts, but they probably had the right intentions.

I do think those in the telegram screaming "buy the dip" and "hold, you'll be rich" are causing a lot of harm.

This coin can't and won't recover. It's over.
first pageprev pagePage 1 of 4Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram