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CNN Reports $TRUMP Coin Value Drops 98% as 740k Lose Money (www.mediaite.com)
submitted 3 months ago by to c/leopardsatemyface@lemmy.world
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“If Trump was putting his name behind it, it must be a legitimate investment,” one woman told the news organization.

“This is a woman who spoke to Reuters,” Bash said. “She put $2,000 of her savings into the $TRUMP meme at the end of May. Her $TRUMP holding was worth less than $120, she now thinks it was just a pump-and-dump scheme. The second investor, Matt, a 45-year-old machinist in Indiana, put $40,000 into $TRUMP family tokens … Matt’s shares have dropped 79% in value since he bought them for a loss of about $32,700. He does not blame the Trump family.”

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[–] 8 points 3 months ago (3 children)

I love that he pump and dumped his own supporters. He screwed them on the trump phones too. I think they should keep giving trump their money so they can become penniless and experience Trumps attack on social services and food aid. Chefs kiss.

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  • [–] 2 points 3 months ago* (2 children)

    I had a friend in college back in the '80s who was a born-again Christian and a big Jim and Tammy Faye Baker supporter. After their scams and shenanigans had been publicly exposed. And it wasn't even that he didn't believe the news about them -- he did believe they were scammers and kept sending them most of what little money he had. If you want me to explain that mindset, I absolutely can't. It's something along the lines of "God works through disreputable people sometimes".

    For me, what's so mysterious is not that people like this can be cheated out of their money. It's that people like this have any money to begin with.

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  • [–] 2 points 3 months ago

    In his mind, he wasn't giving his money to the scammers, he was giving it to GOD, they were just the conduit.

    It sounds like he might have some OCD, or other mental issue, and was locked into this pattern, where his brain felt good when he gave money to God. He has to break that pattern somehow, or substitute a different behavior that has a positive outcome, like exercise.

    Unfortunately, whatever he substitutes will probably also become unhealthy, until he deals with whatever is causing this behavior, but at least he won't be giving away all his money to criminals.

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