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The New Coffee Room

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  3. The Never-ending Grift

The Never-ending Grift

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  • jon-nycJ Online
    jon-nycJ Online
    jon-nyc
    wrote on last edited by
    #105

    That’s usually how grifts work.

    You were warned.

    1 Reply Last reply
    • jon-nycJ Online
      jon-nycJ Online
      jon-nyc
      wrote on last edited by jon-nyc
      #106

      Earlier today, the president’s daughter Ivanka warned her social media followers not to fall for a scam crypto coin called $IVANKA that, she said, “is being promoted without my consent or approval.”

      I would love to hear someone articulate why it would be any less of a scam if she were the one promoting it.

      Maybe a better way to phrase it would have been ‘this is someone else scamming you, not me’.

      You were warned.

      taiwan_girlT 89th8 2 Replies Last reply
      • jon-nycJ jon-nyc

        Earlier today, the president’s daughter Ivanka warned her social media followers not to fall for a scam crypto coin called $IVANKA that, she said, “is being promoted without my consent or approval.”

        I would love to hear someone articulate why it would be any less of a scam if she were the one promoting it.

        Maybe a better way to phrase it would have been ‘this is someone else scamming you, not me’.

        taiwan_girlT Offline
        taiwan_girlT Offline
        taiwan_girl
        wrote on last edited by
        #107

        @jon-nyc Well, based on the family history, it is a pretty believable "product"

        1 Reply Last reply
        • jon-nycJ jon-nyc

          Earlier today, the president’s daughter Ivanka warned her social media followers not to fall for a scam crypto coin called $IVANKA that, she said, “is being promoted without my consent or approval.”

          I would love to hear someone articulate why it would be any less of a scam if she were the one promoting it.

          Maybe a better way to phrase it would have been ‘this is someone else scamming you, not me’.

          89th8 Offline
          89th8 Offline
          89th
          wrote on last edited by
          #108

          @jon-nyc said in The Never-ending Grift:

          Earlier today, the president’s daughter Ivanka warned her social media followers not to fall for a scam crypto coin called $IVANKA that, she said, “is being promoted without my consent or approval.”

          I would love to hear someone articulate why it would be any less of a scam if she were the one promoting it.

          Maybe a better way to phrase it would have been ‘this is someone else scamming you, not me’.

          Hahaha, so true.

          Also, do you think Barron was named after the Robber Baron? Sure would make sense.

          AxtremusA 1 Reply Last reply
          • 89th8 89th

            @jon-nyc said in The Never-ending Grift:

            Earlier today, the president’s daughter Ivanka warned her social media followers not to fall for a scam crypto coin called $IVANKA that, she said, “is being promoted without my consent or approval.”

            I would love to hear someone articulate why it would be any less of a scam if she were the one promoting it.

            Maybe a better way to phrase it would have been ‘this is someone else scamming you, not me’.

            Hahaha, so true.

            Also, do you think Barron was named after the Robber Baron? Sure would make sense.

            AxtremusA Away
            AxtremusA Away
            Axtremus
            wrote on last edited by
            #109

            @89th said in The Never-ending Grift:

            Also, do you think Barron was named after the Robber Baron? Sure would make sense.

            More likely there was a copy of Barron's on the nightstand or coffee table when the naming took place.

            1 Reply Last reply
            • JollyJ Offline
              JollyJ Offline
              Jolly
              wrote on last edited by
              #110

              Ah, the hyenas circle the 🔥, just out of the circle of light.

              Face it, with the exception of Barron, I doubt any of the Trump kids understand Bitcoin. Somebody made a pitch and they took it.

              Personally, I would not invest in any of the stuff.

              “Cry havoc and let slip the DOGE of war!”

              Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

              AxtremusA 1 Reply Last reply
              • JollyJ Jolly

                Ah, the hyenas circle the 🔥, just out of the circle of light.

                Face it, with the exception of Barron, I doubt any of the Trump kids understand Bitcoin. Somebody made a pitch and they took it.

                Personally, I would not invest in any of the stuff.

                AxtremusA Away
                AxtremusA Away
                Axtremus
                wrote on last edited by
                #111

                @Jolly said in The Never-ending Grift:

                Face it, with the exception of Barron, I doubt any of the Trump kids understand Bitcoin.

                I have seen no evidence to support the above. Feel free to point me to such evidence if you wish. :man-shrugging:

                JollyJ 1 Reply Last reply
                • HoraceH Offline
                  HoraceH Offline
                  Horace
                  wrote on last edited by
                  #112

                  I wonder how much damage a future anti-crypto president could do to the value of bitcoin? It's designed to be immune to such pressures.

                  Education is extremely important.

                  1 Reply Last reply
                  • AxtremusA Axtremus

                    @Jolly said in The Never-ending Grift:

                    Face it, with the exception of Barron, I doubt any of the Trump kids understand Bitcoin.

                    I have seen no evidence to support the above. Feel free to point me to such evidence if you wish. :man-shrugging:

                    JollyJ Offline
                    JollyJ Offline
                    Jolly
                    wrote on last edited by
                    #113

                    @Axtremus said in The Never-ending Grift:

                    @Jolly said in The Never-ending Grift:

                    Face it, with the exception of Barron, I doubt any of the Trump kids understand Bitcoin.

                    I have seen no evidence to support the above. Feel free to point me to such evidence if you wish. :man-shrugging:

                    I extrapolate that from what Trump told Hannity about Tik-Tok in his recent interview.

                    “Cry havoc and let slip the DOGE of war!”

                    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                    1 Reply Last reply
                    • taiwan_girlT Offline
                      taiwan_girlT Offline
                      taiwan_girl
                      wrote on last edited by
                      #114

                      I would say that the people on this forum board on average are more knowledgable about bit coin than the average 18 year old. Most 18 year olds that I know do not have much, if any, knowledge of bit coin.

                      1 Reply Last reply
                      • JollyJ Offline
                        JollyJ Offline
                        Jolly
                        wrote on last edited by
                        #115

                        I would say 90% of the population has little knowledge of bitcoin.

                        “Cry havoc and let slip the DOGE of war!”

                        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                        taiwan_girlT 1 Reply Last reply
                        • JollyJ Jolly

                          I would say 90% of the population has little knowledge of bitcoin.

                          taiwan_girlT Offline
                          taiwan_girlT Offline
                          taiwan_girl
                          wrote on last edited by
                          #116

                          @Jolly said in The Never-ending Grift:

                          I would say 90% of the population has little knowledge of bitcoin.

                          I agree with that. Even a lot of people who invest in it (and swear by it) dont really understand it.

                          1 Reply Last reply
                          • jon-nycJ Online
                            jon-nycJ Online
                            jon-nyc
                            wrote on last edited by
                            #117

                            I understand blockchain. It’s the coins I don’t get. I’m still waiting for a use case besides money laundering, smuggling, and speculation.

                            You were warned.

                            1 Reply Last reply
                            • Doctor PhibesD Offline
                              Doctor PhibesD Offline
                              Doctor Phibes
                              wrote on last edited by Doctor Phibes
                              #118

                              Nobody who claims to understand it has ever been able to explain bitcoin to me so that I can understand it. Admittedly, I felt much the same way about quantum mechanics, although at least in that case the professional dorks could back up their claim with third order non-linear differential equations.

                              So either I'm really stupid or they don't actually get it. Obviously, both could also be true.

                              I was only joking

                              1 Reply Last reply
                              • HoraceH Offline
                                HoraceH Offline
                                Horace
                                wrote on last edited by
                                #119

                                One classical use case is that bitcoin would be a currency that would survive the collapse of fiat currencies. Thus "digital gold".

                                Education is extremely important.

                                1 Reply Last reply
                                • taiwan_girlT Offline
                                  taiwan_girlT Offline
                                  taiwan_girl
                                  wrote on last edited by
                                  #120

                                  Trump bitcoin pricing chart since launch

                                  TRUMP_1M_graph_coinmarketcap.jpeg

                                  1 Reply Last reply
                                  • HoraceH Offline
                                    HoraceH Offline
                                    Horace
                                    wrote on last edited by
                                    #121

                                    I'm actually glad it's dying a quick death rather than building up slowly so that more people eventually get burned.

                                    Education is extremely important.

                                    1 Reply Last reply
                                    • jon-nycJ Online
                                      jon-nycJ Online
                                      jon-nyc
                                      wrote on last edited by
                                      #122

                                      Yeah, that initial burst was probably from the cohort that made a fortune reselling his sneakers.

                                      You were warned.

                                      1 Reply Last reply
                                      • JollyJ Offline
                                        JollyJ Offline
                                        Jolly
                                        wrote on last edited by
                                        #123

                                        Mega-Grift:

                                        https://issuesinsights.com/2025/02/07/wait-you-mean-theres-corruption-in-washington/

                                        “Cry havoc and let slip the DOGE of war!”

                                        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                        1 Reply Last reply
                                        • taiwan_girlT Offline
                                          taiwan_girlT Offline
                                          taiwan_girl
                                          wrote on last edited by
                                          #124

                                          More than 813,000 crypto wallets have lost a total of $2 billion after buying President Donald Trump’s memecoin, according to an assessment by Chainalysis commissioned by the New York Times. Meanwhile, the Trump Organization and its partners gained $100 million in trading fees. Since its Jan. 17 launch, $TRUMP has lost most of its value, which is now about $16 per share, down from its $75 peak.

                                          https://www.inkl.com/news/thousands-of-investors-in-trump-s-memecoin-lost-2-billion-in-just-weeks-while-the-family-and-its-partners-racked-up-100-million-in-trading-fees

                                          RenaudaR 1 Reply Last reply
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