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Started By
Message
re: Trump fans confused how their investments in his crypto/Stock are now worth a Fraction
Posted on 7/7/26 at 4:50 pm to soonerinlOUisiana
Posted on 7/7/26 at 4:50 pm to soonerinlOUisiana
Well the quote I posted wasn't for comparison. It was just a "makes you go hmmm" question. Ultimately the answer to that is because both you and I say it's worth 20 dollars. In the most simple of explanation.
Don't think of bitcoin vs dollars. Think of it more of bitcoin vs stock. Bitcoin has value due to it having an agreed value and a unit of exchange. Ultimately you go right back to the day 1 economics class where you were introduced to the supply and demand curve. Same thing that values stock. Same thing that values the 1983 Corvette sitting in a museum in Bowling Green, KY. Bitcoin, like stock and that lone 83 Corvette, has a limited number that will ever be in existence. When you get an agreement that you can trade it. Boom. It has value. Even Confederate States of America cash has value. Even though it's a dead currency. Same principle.
Don't think of bitcoin vs dollars. Think of it more of bitcoin vs stock. Bitcoin has value due to it having an agreed value and a unit of exchange. Ultimately you go right back to the day 1 economics class where you were introduced to the supply and demand curve. Same thing that values stock. Same thing that values the 1983 Corvette sitting in a museum in Bowling Green, KY. Bitcoin, like stock and that lone 83 Corvette, has a limited number that will ever be in existence. When you get an agreement that you can trade it. Boom. It has value. Even Confederate States of America cash has value. Even though it's a dead currency. Same principle.
0
Posted on 7/7/26 at 8:05 pm to 14&Counting
quote:
Bro - this meme coin bullshite was a classic pump and dump and nothing more.
I don't disagree; I said they're making money via public graft. On re-reading that sentence probably lacked clarity but that's what I meant.
I only took issue with him saying they're more corrupt than Biden. Like it or not, Trump's crew wouldn't be poor had he never run for office. Hunter would be in jail and Biden would be a greeter at Walmart, and that's without getting into his Weekend At Bernie's ruse of an administration.
Posted on 7/7/26 at 10:52 pm to bluedragon
quote:
And you were stupid enough to invest?
Can you please remove the Auburn logo from your profile?
I hate to think that other people conclude that all Auburn people are so dumb.
Posted on 7/7/26 at 11:14 pm to Eurocat
Should have sold high.
People not understanding the market is a gamble is on them.
Wait until he finds out folks like Eurocrat wants to tax those gains he never realized.
People not understanding the market is a gamble is on them.
Wait until he finds out folks like Eurocrat wants to tax those gains he never realized.
Posted on 7/7/26 at 11:28 pm to imjustafatkid
quote:
Yes, he definitely isn't.
So your post was what I suspected. A deliberate gaslight to avoid saying something obviously stupid.
Thanks for finally manning up and just saying the stupid thing. Now we don't have to waste any more time on it.
Posted on 7/7/26 at 11:46 pm to Flats
quote:
Eh, you might want to pump the brakes there. Like them or not Trump's crew can make money without government graft (which they are certainly doing) and are generally competent. Biden's crew couldn't run a 7/11.
In context, though, that's not a good thing.
Like C.S. Lewis said, a cow can only be so evil. It's mental and spiritual capacity limits how much moral damage it can do.
Trump tried to get the DOJ to bully the IRS into agreeing to a deal that would exempt his entire family from all IRS scrutiny, ostensibly forever.
They eventually killed the deal, but the sheer balls of trying that in the first place is light years past any corruption that Biden could have conceived or would have dared.
Pardons have been a part of presidential powers forever, and Biden was far from the first to abuse that power. Using the DOJ to lean on the IRS for what essentially amounted to blanket, indefinite immunity for him and his family is a more sophisticated and brazen—if not more morally bereft—abuse of Ruling Class privilege.
Sure, the Bidens are small time hoods robbing liquor stores while Trump is a competent, accomplished, and successful businessman who is smart enough to stay on the grey side of the line between black and white. One deals in strictly small time shite while the other makes deals worth billions.
But that's the point.
Posted on 7/7/26 at 11:47 pm to wackatimesthree
quote:
So your post was what I suspected. A deliberate gaslight to avoid saying something obviously stupid.
Thanks for finally manning up and just saying the stupid thing. Now we don't have to waste any more time on it.
Nope, just true.
Posted on 7/7/26 at 11:50 pm to imjustafatkid
quote:
Nope, just true.
Truly stupid.
If Biden had done the same things you would have cried like a bitch.
You know it, I know it, and everybody on this board knows it.
Posted on 7/8/26 at 1:19 am to Eurocat
homo
Posted on 7/8/26 at 1:20 am to Eurocat
Posted on 7/8/26 at 1:32 am to wackatimesthree
quote:
Truly stupid.
If Biden had done the same things you would have cried like a bitch.
You know it, I know it, and everybody on this board knows it.
Nope. I honestly do not care that the president has businesses. Doesn't bother me in the least.
It's not like he's having his son sell garbage paintings to wealthy people for access.
Posted on 7/8/26 at 3:00 am to imjustafatkid
Are his sons selling crypto for access?
Posted on 7/8/26 at 3:13 am to Eurocat
What happened to your daily bullshite? You have been riding this for 3 days?
Posted on 7/8/26 at 3:17 am to wookalar1013
This is so dumb, especially the meme coin shite. Those people deserve to be wiped out, lol. People that don’t understand crypto and especially crypto winter are going to suffer. It’s all cycles, and crypto gets a 80-90% hair cut every 4 years. It’s one of the easiest things to trade, and when to go long, when to go short, you can easily make millions, like I have just knowing the 4 year cycle
Posted on 7/8/26 at 4:49 am to dgnx6
quote:"
Wait until he finds out folks like Eurocrat wants to tax those gains he never realized.
What the hell are you talking about I have never ever supported taxing unrealized gains.
Posted on 7/8/26 at 4:54 am to NC_Tigah
We disagree about a ton of shite but that was a good post. Props.
Posted on 7/8/26 at 6:48 am to wackatimesthree
Because you’re one of the lone liberal idiots that went to Auburn?
How about you police yourself and not police others?
How about you police yourself and not police others?
Posted on 7/8/26 at 8:43 am to wookalar1013
quote:
Are his sons selling crypto for access?
No.
Posted on 7/8/26 at 8:55 am to wackatimesthree
quote:
In context, though, that's not a good thing.
For outcomes, no. Yes, a smart crook can steal more than a dumb crook. But that doesn't mean the incompetent crook is less corrupt (which is the claim I responded to) it just means he's less effective.
Posted on 7/8/26 at 9:24 am to imjustafatkid
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