“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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[–] 187 points 3 months ago* (6 children)

a loss of about $32,700. He does not blame the Trump family.

wtf.

Galatians 6:7-8.

reap what you sow, morons.

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    [–] 103 points 3 months ago (4 children)

    How can you lose your savings and thank the man who took it from you?

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  • [–] 91 points 3 months ago (10 children)

    These people are in a cult.

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

    How do you deprogram millions of people? Seriously, it's hard for cult members to re-integrate back into society without support.

    I worry about what happens when their 80-year-old leader dies (to be clear, that's an inevitability, not a specific wish) and they leave the Republican party but have nowhere to turn for community.

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  • [–] 22 points 3 months ago

    It's been a cult for long before Trump came along, it was a cult looking for a leader. I googled "how to break people free from a cult" back in 2011. What i got out of it was you have to let people figure it out themselves. Confronting them makes them dig in deeper. Best thing to do is not make them fear an "I told you so" moment. We all have our pride

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  • [–] 10 points 3 months ago

    They're not going to leave the Republican party. They don't have specific beliefs or values diving their political expression. They embraced what it meant to be a Republican before Trump just as they embrace it now, even though those are two disparate worldviews. They will do the same after he is gone with whatever the GOP says is their unchanging views at that time.

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    [–] 63 points 3 months ago (3 children)
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    [–] 50 points 3 months ago (1 child)

    I've lost the ability to feel sympathy for folks that lose money on meme coins, no matter where they come from.

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    [–] 40 points 3 months ago
    [–] 39 points 3 months ago (1 child)

    If Trump was putting his name behind it, it must be a legitimate investment

    😂 😂 😂 😂 😂

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  • [–] 34 points 3 months ago* (last edited 3 months ago)

    They bought the hats, which turned out to be cheap trash

    They bought the gold shoes, which turned out to be junk

    The bought the knife which was gas station knife quality

    They bought the phone which turned out to be cheap and outdated

    They bought the crypto which turned out to be a scam

    But those gold and silver coins will be...those will be worth the investment

    /S

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  • [+] 30 points 3 months ago (2 children)
  • [–] 26 points 3 months ago (2 children)

    "If Trump was putting his name behind it, it must be a legitimate investment,” one woman told the news organization.

    I was going to write that if it's a Trump deal, then you KNOW it's a scam. And yet here is a woman who STILL believes that the Criminal-In-Chief is totally legit and credible.

    How do these people stay on board after EVERYTHING they've seen?

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  • [–] 12 points 3 months ago*

    Her $TRUMP holding was worth less than $120, she now thinks it was just a pump-and-dump scheme.

    She at the very least woke up to reality after losing almost $2000.

    This guy however, lost $32,000 and still thinks Trump is great. 🙄

    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.”

    And yeah, as far as I'm concerned every single person who put money into the Trump meme coin deserves losing every penny.

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    [–] [S] 24 points 3 months ago

    "she now thinks it was just a pump-and-dump scheme."

    Ya think?

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  • [–] 24 points 3 months ago (1 child)
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    [–] 23 points 3 months ago

    Classic trump and dump.

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  • [–] 22 points 3 months ago (9 children)

    Didn't it already pump and dump when it was released?

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    [–] 20 points 3 months ago

    Who could have foreseen the man that ran a scam University and a scam Non-profit could be running a scam Crypto?

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  • [–] 18 points 3 months ago (1 child)

    I am Jack's complete lack of surprise.

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    [–] 18 points 3 months ago (1 child)

    It's recovering any day now

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  • [–] 17 points 3 months ago (3 children)

    Anyone stupid enough to buy this memecoin thinking that anyone but trump would make money on it is suffering from the real trump derangement syndrome.

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    [–] 15 points 3 months ago

    Oh my days, how are these people so fucking stupid 😂😂😂😂😂

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  • [–] 15 points 3 months ago

    It’s funny to live in such wild times that horrific fraud feels like a rerun.

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  • [–] 14 points 3 months ago

    I'm in favor of taxation by stupidity. If only that money wasn't going directly into the pockets of the corrupt instead of paying for healthcare and affordable housing.

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  • [–] 12 points 3 months ago
    [–] 12 points 3 months ago

    Whoever bought those coins IMO deserves everything they get. Mind you in this case it’s less.

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  • [–] 11 points 3 months ago*

    Good. Fuck those dopes.

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

    So you are saying it is a great time to invest?

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  • [–] 8 points 3 months ago

    Fuck all investors and/or stock market players on all sides. There is no such thing as easy money, unless it's at the expense of someone else. Greedy pigs, playing with tokens of questionable value, deserve what they get.

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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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    [+] 8 points 3 months ago
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