Australian (ASX) Stock Market Forum

Official Trump Crypto $Trump

I agree with @Sean K on this @basilio . All politicians nowadays are the same. Trump is no different except in terms of magnitude and asset class manipulation. Albanese, Obama, Morrison and Biden are a disgrace and the sooner you recognise this the better the world will be.

One of the reasons your lefty opinions are on the nose is that you cherry pick and are afraid to ever criticise one of your own as do all lefties.

gg

I can't think of too many senior politicians who have not been corrupted, or who are doing it for some sort of vanity project. Who has been the last totally benevolent politician or dictator to have graced our leadership here or there? Maybe Atahualpa.

There are degrees of corruption, I suppose, but it's still corruption, nepotism, etc. They are all after power.

I think the West has seen the best of politics, which is still flawed, but what else should we aspire to? Human nature is our crux. Survival our imperative.

In regard to the Left vs Right, it's an interesting comment. There are obviously far-Left and far-right that will not consider the other sides opinion at all.

I think I'm centre-right.

I'm not sure if this is the right thread to post this bit, but the far-Lefties can squeal all they like at the general opinion of what's happening around the world. The pendulum has swung hard and they only have themselves to blame.

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Washington | Tight security for Donald Trump’s inauguration may have Washington looking like a war zone once again, but the combative mood and disbelief that accompanied his first mandate eight years ago is gone.

Instead, Democrats and anti-Trump Republicans are resigned, billionaires are signing cheques, business is on-board and foreign leaders of every political hue are in town to be part of the Trump 2.0 moment.

For progressives and “Never-Trumpers” alike, this second mandate has forced a rethink after eight years of battle against nemesis No 1, in an exhausting campaign that failed.

Indeed, a survey at the weekend by The New York Times and Ipsos found that many Americans who dislike Trump still agree with his take on the country’s problems, particularly on the matter of immigration.
 
Total BS again Sean. You really can't/won't stop will you ? You keep trying to excuse the most egregious piece of self dealing ever committed by a US President by trying to deflect to "They're all the same"

They ain't xucking all the same Sean.
Trump is in a master class of his own.

Setting up your crypto currency coin and urging everyone to buy it as the incoming President is the pinnacle of corruption. The pay off is already up to 10Billion. The likelihood he will get away with it given all the factors I mentioned just opens the floodgates for every one of his loyal grifters to get their snouts in the trough - and quickly before the swill is sucked out by The Don and his immediate family.

Melania of course has taken her cue and is now upwards of 1Billion ahead with her Crypto coin. I don't think the Crypto scam can be used again though. Everyone else will have to find their own Billion Dollar retirement fund.

And of course it won't be just the inner circle that will take their cue from The Don. Trump has opened the door for every sharp business practice that will make people instant multi millionaires. If /when Trump gets away with this scam I cannot see how any current prosecutors can effectively charge and convict corrupt/illegal/unprincipled business practice by anyone who supports Donald Trump.

Who will be Trump supporters ? Well they won't just pay lip service to the guy. That's for chumps. No the minimum going rate will $1m for the Presidential Library. That will be just to get known by the big guy. But if your a serious player and making out like a bandit then Trump will demand further contributions to protect you from "lawfare" "vicious Marxist prosecutors" ect.

Donald Trump has proven he can get away with criminal business fraud, lying through his teeth about stolen elections, inciting thousands of people to overthrow the last Government and assaulting scores of women at will. Now, even before becoming President, he has crafted a multi billion dollar Crypto scheme to enrich himself by Billions of dollars. He is now the dream idol of thousands of would be billionaires who will realise they can get away these schemes in Trumps world - as long as he can put a finger on the scales.

And he hasn't even started as Prez ..

The Red font ? Just felt appropriate for riffing on about the twisted genius of Fartcoin.

Found some more for you to complain about -

Melania Trump’s meme coin surges days after $Trump’s launch fired up crypto speculators​

https://www.aussiestockforums.com/javascript:window.print()
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US president-elect Donald Trump gives remarks alongside Melania Trump at a candlelight dinner at the National Building Museum on January 19. Picture: Getty Images

Returning first lady of the United States Melania Trump has joined husband and president-elect Donald in launching a meme coin just hours before his inauguration, with $Melania surging to a valuation of more than $US10.1bn.

Mr Trump launched his own meme coin on Friday, with $Trump now trading at a valuation of $US61.5bn according to CoinMarketCap, on a fully diluted basis.

The cryptocurrency data site says the value of $Trump coins in circulation is $US12.2bn, with $US51.1bn traded in the past 24 hours.

So-called meme coins are cryptocurrencies which have no inherent value, and in that mirror the short-lived non-fungible token (NFT) craze.

Traders can make strong gains however, with $Melania trading in a range from $US6.62 to $US13.19 over the past 24 hours.

Australian shock jock Kyle Sandilands said on Monday morning that he had tipped $10,000 into $Trump, and turned that into $700,000 over the weekend.

Ms Trump launched her own meme coin at about 8.15am Australian eastern time, announcing it on social media platforms.

Bizarrely, the website for the $Melania token insists it is not an investment.

“Melania memes are digital collectibles intended to function as an expression of support for and engagement with the values embodied by the symbol MELANIA and the associated artwork, and are not intended to be, or to be the subject of, an investment opportunity, investment contract, or security of any type,’’ the website says.

“($Melania) is not political and has nothing to do with any political campaign or any political office or governmental agency.’’

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US president-elect Donald Trump and his wife Melania Trump watch fireworks during a reception in his honor at Trump National Golf Club Washington DC in Sterling, Virginia, on January 18. Picture: AFP

Only 15 per cent of the coin’s stocks have been released for public distribution, with 35 per cent held back for “team vesting” and 20 per cent for “treasury”, indicating that at current prices, Ms Trump and the other backers of the coin, whoever they are, have currently made billions, at least on paper.

The Melania website makes it clear that $Melania is little more than an idea.

“A meme is a cultural element, typically an image, video, or phrase, that spreads rapidly through the internet, often adapted and reimagined by different users,’’ the website says.

“In crypto, meme tokens represent digital artwork and shared cultural moments.

“Melania Memes are fungible crypto assets created and tracked on the Solana blockchain.

“Melania Memes are intended for collecting and entertainment purposes only. They are not financial instruments or investments.

“Always do your own research and never invest more than you can afford to lose.’’

The $Trump coin is currently the highest trending coin on CoinMarketCap while $Melania is fifth.

The $Trump coin has been volatile, trading between $US34.98 and $US75.35 in the past day.
 
Both the $Trump and $Melania coin may be heading towards the US regulators according to some crypto analysts. This is amusing as Trump now controls the regulators.

I would also like to warn members of ASF limping in to either of these entities that they are not strictly Crypto currency. On their respective websites both Trump and Melania Trump's coins avoid referring to them as cryptocurrencies, instead using the phrase "fungible crypto assets" in their FAQs.

This may be similar to that split decision one must make in North Queensland on rare occasions whether to be taken by a shark or a crocodile, but I thought it worth mentioning nonetheless.

Entities associated with the Garpal Gumnut fungible crypto asset or $GG have no association with $Trump nor $Melania. ( Yet ).

gg
 
Both the $Trump and $Melania coin may be heading towards the US regulators according to some crypto analysts. This is amusing as Trump now controls the regulators.

I would also like to warn members of ASF limping in to either of these entities that they are not strictly Crypto currency. On their respective websites both Trump and Melania Trump's coins avoid referring to them as cryptocurrencies, instead using the phrase "fungible crypto assets" in their FAQs.

This may be similar to that split decision one must make in North Queensland on rare occasions whether to be taken by a shark or a crocodile, but I thought it worth mentioning nonetheless.

Entities associated with the Garpal Gumnut fungible crypto asset or $GG have no association with $Trump nor $Melania. ( Yet ).

gg
@Garpal Gumnut So gg as of this moment 7.06am your $GG is now worth HOW MUCH> Oh an update just hit the desk $000.000
 
Both the $Trump and $Melania coin may be heading towards the US regulators according to some crypto analysts. This is amusing as Trump now controls the regulators.

I would also like to warn members of ASF limping in to either of these entities that they are not strictly Crypto currency. On their respective websites both Trump and Melania Trump's coins avoid referring to them as cryptocurrencies, instead using the phrase "fungible crypto assets" in their FAQs.

This may be similar to that split decision one must make in North Queensland on rare occasions whether to be taken by a shark or a crocodile, but I thought it worth mentioning nonetheless.

Entities associated with the Garpal Gumnut fungible crypto asset or $GG have no association with $Trump nor $Melania. ( Yet ).

gg
I'm not sure what is to be regulated.
They are meme coins, can't be traded for goods and are inherently worthless. If people want to bid up the price, its up to them.
Nothing illegal about it.
It blows my mind that so much money can be made from them. Crocodiles are a good analogy.
 
I'm not sure what is to be regulated.
They are meme coins, can't be traded for goods and are inherently worthless. If people want to bid up the price, its up to them.
Nothing illegal about it.
It blows my mind that so much money can be made from them. Crocodiles are a good analogy.
@Knobby22 Or as I prefer Fools and their money..........
 
Both the $Trump and $Melania coin may be heading towards the US regulators according to some crypto analysts. This is amusing as Trump now controls the regulators.

I would also like to warn members of ASF limping in to either of these entities that they are not strictly Crypto currency. On their respective websites both Trump and Melania Trump's coins avoid referring to them as cryptocurrencies, instead using the phrase "fungible crypto assets" in their FAQs.

This may be similar to that split decision one must make in North Queensland on rare occasions whether to be taken by a shark or a crocodile, but I thought it worth mentioning nonetheless.

Entities associated with the Garpal Gumnut fungible crypto asset or $GG have no association with $Trump nor $Melania. ( Yet ).

gg
While not averse to playing two-up with "fungible crypto assets", I am more likely to admire the lustre of my physical gold and silver, as boring as that is.
 
Great discussion and this is why I enjoy ASF. Has anyone bought in/gambled yet? Maybe no one wants to admit they have taken the gamble.
I have not gambled on cryptos, but am thinking of supporting the Don or his lovely wife. Decisions!
I think his will win out over hers.
A quick search indicates one can buy part of one of these "fungible crypto assets", even $1. Seems one can buy from coinspot.com.au and binance, which are on the Solana network.
Maybe throw some money at this, learn and probably lose a few dollars (I see this as a purely speculative venture/adventure).
Anyone had dealings with CoinSpot or Binance?
Comments, ideas
 
Great discussion and this is why I enjoy ASF. Has anyone bought in/gambled yet? Maybe no one wants to admit they have taken the gamble.
I have not gambled on cryptos, but am thinking of supporting the Don or his lovely wife. Decisions!
I think his will win out over hers.
A quick search indicates one can buy part of one of these "fungible crypto assets", even $1. Seems one can buy from coinspot.com.au and binance, which are on the Solana network.
Maybe throw some money at this, learn and probably lose a few dollars (I see this as a purely speculative venture/adventure).
Anyone had dealings with CoinSpot or Binance?
Comments, ideas
Once again I think this is a classic case of a fool and his/her money being blown to the wind.
 
Easy 3x on Saturday morning scrolling through Twitter while sitting on the toilet. Probably should have made more haha

10x leverage liquidated, inauguration over, family coins now expected, still not listed on Coinbase, any follow up news or details from Trump will send it.

Time to degen 10x leverage with some of Saturdays profits.

And to think I used to hate the chaos and grift of Trump. If you can't beat them, join them 🤑

1737442899783.png
 
Great discussion and this is why I enjoy ASF. Has anyone bought in/gambled yet? Maybe no one wants to admit they have taken the gamble.
I have not gambled on cryptos, but am thinking of supporting the Don or his lovely wife. Decisions!
I think his will win out over hers.
A quick search indicates one can buy part of one of these "fungible crypto assets", even $1. Seems one can buy from coinspot.com.au and binance, which are on the Solana network.
Maybe throw some money at this, learn and probably lose a few dollars (I see this as a purely speculative venture/adventure).
Anyone had dealings with CoinSpot or Binance?
Comments, ideas
You have to buy in when the coin drops to really be safe. But you will need a wallet (I use phantom) then a platform like photon or dex screener. That's where you get in on the meme coins cheap.

The majors like binance, coinspot are for the majors and its a bit like the regular traders. They list meme coins after they already reach a certain cap.
Best for buying in after a crash or something.

99.9% of meme coins fail. You look for drops from people with large followings or that had large followings that are likely to come back if they see the coin moving.

It's literally running on pure greed/fear and you need to understand human emotion with memes. Bitcoin, eth, doge get more of the hodlers.
 
Easy 3x on Saturday morning scrolling through Twitter while sitting on the toilet. Probably should have made more haha

10x leverage liquidated, inauguration over, family coins now expected, still not listed on Coinbase, any follow up news or details from Trump will send it.

Time to degen 10x leverage with some of Saturdays profits.

And to think I used to hate the chaos and grift of Trump. If you can't beat them, join them 🤑

Another cheeky 2x on my mate $Trump.

That was a bit too easy, was intending to degen and ride it back towards ATH but if things are too easy, it is normally a good time for me to take some off.

You guys who can actually trade would crush it trading crypto

*Changed ticker to Binnance in Trading View, but I am actually trading on Vest and Hyperliquid

1737488814727.png
 
Great discussion and this is why I enjoy ASF. Has anyone bought in/gambled yet? Maybe no one wants to admit they have taken the gamble.
I have not gambled on cryptos, but am thinking of supporting the Don or his lovely wife. Decisions!
I think his will win out over hers.
A quick search indicates one can buy part of one of these "fungible crypto assets", even $1. Seems one can buy from coinspot.com.au and binance, which are on the Solana network.
Maybe throw some money at this, learn and probably lose a few dollars (I see this as a purely speculative venture/adventure).
Anyone had dealings with CoinSpot or Binance?
Comments, ideas
Trump has retained 4 times the coins already listed ready to sell into the market, (I am sure he already has sold a few). He owns 80% of the coins after the float.
You would be supporting the Don, a charity investment.
 
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Trump has retained 4 times the coins already listed ready to sell into the market. He owns 80% of the coins after the float.
You would be supporting the Don, a charity investment.
As long as you make a profit..
And no, i do not own
Just btc, xrp and eth, and since yesterday solana.
Trump coin does not cost American taxpayers, Biden bribes from Ukraine billions ...even 1.5 billions so far for Australian taxpayers..
But i must be a Putin tool to even bother...
 
As long as you make a profit..
And no, i do not own
Just btc, xrp and eth, and since yesterday solana.
Trump coin does not cost American taxpayers, Biden bribes from Ukraine billions ...even 1.5 billions so far for Australian taxpayers..
But i must be a Putin tool to even bother...
Investment decisions should be based on making a profit. I agree.
You shouldn't equate bitcoin with a meme coin that can't be traded for goods and services.
But maybe Trump can change this and increase the price.

You got to admit though 4 times the coins in reserve is a big overhang.
 
Investment decisions should be based on making a profit. I agree.
You shouldn't equate bitcoin with a meme coin that can't be traded for goods and services.
But maybe Trump can change this and increase the price.

You got to admit though 4 times the coins in reserve is a big overhang.
Yes, indeed, but alternative way is to see this as the business it is:
You release a product for hype: can be crypto, could be the new Nike wonder space shoes:
Release a few and slowly feed the market as demand increases:
Many juniors on the ASX even pull the shares out of thin air...much worse..
I have no clue if Trump, well whoever is managing that, is doing that, but i would do the same if i was him/her
And if i was to release my limited supply crypto tomorrow, would do exactly the same too
Ultimately where is the problem?
Free market, free world..well at least partly in the US.Trump is s trade mark, and he happens to be president.
 
Another cheeky 2x on my mate $Trump.

That was a bit too easy, was intending to degen and ride it back towards ATH but if things are too easy, it is normally a good time for me to take some off.

You guys who can actually trade would crush it trading crypto

*Changed ticker to Binnance in Trading View, but I am actually trading on Vest and Hyperliquid

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Not for me ever.
You surely have nuts the size of coconuts!!!!
 
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