Four out of five people who bought into Hunter Biden’s new meme coin saw their investments go up in smoke during the cryptocurrency’s spectacular launch-day collapse.

  • cryowatt@lemmy.zip
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    3 天前

    This is how every crypto coin has worked for ages. Who the fuck are the idiots still wasting money on them?

    • remon@ani.social
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      3 天前

      They are probably trapped in the year 2020, not sure why else they’d still care about Hunter Biden.

  • ViatorOmnium@piefed.social
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    3 天前

    I know it’s victim blaming, but people gambling on meme coins deserve it. At this point I have to assume everyone is in on the scam and hoping there’s a greater fool before the inevitable blow-off.

    • givesomefucks@lemmy.world
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      3 天前

      Literally none of them end up any different…

      It’s a game of chicken, people buy in while the price is going up, knowing eventually it will be worthless but betting they’ll exit before anyone else.

      And every single time the vast majority are wrong and lose money.

      Everyone that buys it is both an idiot and knows what they’re doing, but everyone who launches a coin is still a jackass ripping people off.

  • A_norny_mousse@piefed.zip
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    3 天前

    Hunter Biden’s $LAPTOP meme coin

    goddammit not you too.

    I don’t really trust the NYPo - is it true that Hunter Biden performed a rug pull after only a week, and (almost) solely profited from this?

    PS: don’t forget that no Biden is going to candidate for the next election, so don’t take this topic too seriously OK? And anyhow, it was clear from the start that the nazi posse would go after one of the weakest aspects of Joe Biden’s life. We can admit this and still not (indirectly) support the brainworm posse.

    • glimse@lemmy.world
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      3 天前

      I’m not sure if I’d have more or less respect for him if he did. Hell, I’d do a crypto coin rug pull right now if I had the connections. Everyone who loses has it coming. Buy my stupid fake coin and get what you deserve.

  • MountingSuspicion@reddthat.com
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    3 天前

    The guy is something like 15 mil in debt. I wonder if this was orchestrated be the people he owes money to and he was not given much choice in the matter. Either way, it’s not like he’s going to be able to keep any money he makes off this. It’s more sad than shocking. The guy obviously does not care and was just trying to make a quick buck, which tracks with the little I know of him thus far.

    I’m astounded he thought people would be willing to hire him for speaking engagements. Considering the current administration, I can’t imagine institutions willingly associating with the Bidens unless it was strictly necessary. I also can’t imagine he’d have anything worth imparting onto others. The only reason he’s remotely relevant is because of who his father is, and I don’t think that makes a good speaker.