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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. The Never-ending Grift

The Never-ending Grift

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  • T Offline
    T Offline
    taiwan_girl
    wrote on 24 Jan 2025, 17:10 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
    • J Offline
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      Jolly
      wrote on 24 Jan 2025, 17:36 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

      T 1 Reply Last reply 24 Jan 2025, 18:04
      • J Jolly
        24 Jan 2025, 17:36

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

        T Offline
        T Offline
        taiwan_girl
        wrote on 24 Jan 2025, 18:04 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
        • J Offline
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          jon-nyc
          wrote on 24 Jan 2025, 19:15 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 never know what worse luck your bad luck has saved you from."
          -Cormac McCarthy

          1 Reply Last reply
          • D Offline
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            Doctor Phibes
            wrote on 24 Jan 2025, 19:21 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
            • H Offline
              H Offline
              Horace
              wrote on 24 Jan 2025, 19:25 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
              • T Offline
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                taiwan_girl
                wrote on 4 Feb 2025, 18:14 last edited by
                #120

                Trump bitcoin pricing chart since launch

                TRUMP_1M_graph_coinmarketcap.jpeg

                1 Reply Last reply
                • H Offline
                  H Offline
                  Horace
                  wrote on 4 Feb 2025, 18:15 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
                  • J Offline
                    J Offline
                    jon-nyc
                    wrote on 4 Feb 2025, 18:16 last edited by
                    #122

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

                    "You never know what worse luck your bad luck has saved you from."
                    -Cormac McCarthy

                    1 Reply Last reply
                    • J Offline
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                      Jolly
                      wrote on 8 Feb 2025, 14:35 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
                      • T Offline
                        T Offline
                        taiwan_girl
                        wrote on 12 Feb 2025, 03:25 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 12 Feb 2025, 03:27
                        • T taiwan_girl
                          12 Feb 2025, 03:25

                          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 Offline
                          RenaudaR Offline
                          Renauda
                          wrote on 12 Feb 2025, 03:27 last edited by Renauda 2 Dec 2025, 03:27
                          #125

                          @taiwan_girl

                          Meanwhile, the Trump Organization and its partners gained $100 million in trading fees

                          It’s the Ferengi way.

                          Elbows up!

                          1 Reply Last reply
                          • J Offline
                            J Offline
                            Jolly
                            wrote on 12 Feb 2025, 05:08 last edited by
                            #126

                            $2B compared to just USAID is chump change.

                            You want grift? Check that agency out.

                            “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
                            • J Offline
                              J Offline
                              jon-nyc
                              wrote on 12 Feb 2025, 11:44 last edited by jon-nyc 2 Dec 2025, 12:40
                              #127

                              Sorry Jolly, we’re not changing the subject. It is objectively gross the way he repeatedly fleeces his sheep and at some level you must see through it.

                              I just hope you haven’t bought into any of his grifts yourself.

                              "You never know what worse luck your bad luck has saved you from."
                              -Cormac McCarthy

                              J 1 Reply Last reply 12 Feb 2025, 11:59
                              • J jon-nyc
                                12 Feb 2025, 11:44

                                Sorry Jolly, we’re not changing the subject. It is objectively gross the way he repeatedly fleeces his sheep and at some level you must see through it.

                                I just hope you haven’t bought into any of his grifts yourself.

                                J Offline
                                J Offline
                                Jolly
                                wrote on 12 Feb 2025, 11:59 last edited by
                                #128

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

                                Sorry Jolly, we’re not changing the sunjisect. It is objectively gross the way he repeatedly fleeces his sheep and at some level you must see through it.

                                I just hope you haven’t bought into any of his grifts yourself.

                                You changed the subject way back in the thread, since the thread was about the Biden Crime Family.

                                All pardoned now, btw.

                                “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
                                • 89th8 Offline
                                  89th8 Offline
                                  89th
                                  wrote on 12 Feb 2025, 12:41 last edited by
                                  #129

                                  LOL you can thank Trump for those pardons. Wouldn't have happened otherwise. I guess J6 folks who beat up cops can also thank Trump for the pardons, too. MAPA!

                                  J 1 Reply Last reply 12 Feb 2025, 12:43
                                  • J Offline
                                    J Offline
                                    jon-nyc
                                    wrote on 12 Feb 2025, 12:43 last edited by jon-nyc 2 Dec 2025, 12:45
                                    #130

                                    My personal view is he would have pardoned Hunter in any case. And his brother was in fact under investigation by his own DoJ (imagine that happening to a Trump family member under Bondi - lol). So maybe that one too.

                                    "You never know what worse luck your bad luck has saved you from."
                                    -Cormac McCarthy

                                    1 Reply Last reply
                                    • 89th8 89th
                                      12 Feb 2025, 12:41

                                      LOL you can thank Trump for those pardons. Wouldn't have happened otherwise. I guess J6 folks who beat up cops can also thank Trump for the pardons, too. MAPA!

                                      J Offline
                                      J Offline
                                      Jolly
                                      wrote on 12 Feb 2025, 12:43 last edited by
                                      #131

                                      @89th said in The Never-ending Grift:

                                      LOL you can thank Trump for those pardons. Wouldn't have happened otherwise. I guess J6 folks who beat up cops can also thank Trump for the pardons, too. MAPA!

                                      Biden pardoned the Biden crime family, not Trump.

                                      “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
                                      • 89th8 Offline
                                        89th8 Offline
                                        89th
                                        wrote on 12 Feb 2025, 14:15 last edited by
                                        #132

                                        Do you think Biden would've done those last minute pardons had it been McCain or Romney or someone else about to be sworn in?

                                        H 1 Reply Last reply 12 Feb 2025, 14:50
                                        • J Offline
                                          J Offline
                                          Jolly
                                          wrote on 12 Feb 2025, 14:22 last edited by
                                          #133

                                          It's not all about Trump 24/7, you know.

                                          “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

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