Australian (ASX) Stock Market Forum

Official Trump Crypto $Trump

Is this investing or gambling 🎰 I don’t mind the odd flutter
This is 100% gambling, BUT

If you’re on-chain and manage to avoid blowing up on leverage or getting hacked or putting your entire stack into something like Luna or losing your seed phrase or having a smart contract exploited or getting wrecked trading a bear market...ok, there are a few ways to blow up, but they’re all avoidable.

BUT, with a bit of effort, maybe hitting a few decent winners, taking advantage of crazy APYs on stablecoins, and qualifying for a few airdrops (free money from VCs), I’m not sure there’s anywhere else money comes this easily.

Says the guy who entered crypto in 2020 and is still working, must stay away from leverage this bull run haha
 
Just wondering and interested in guidance.

Trump coin has issued 1Billion units of which 200million have been released on the market. The remainder is currently held by teh issuing company.

1) Is it possible for a person to directly buy tokens from the company ? If for example someone wanted to buy 1millon tokens .

2) Would these records be anonymous ? IE There is no capacity to see who has bought/holds tokens or there are no personal identifiers.

3) Conversely would a person who has bought tokens be able to show another party their holding ?
 
This is 100% gambling, BUT

If you’re on-chain and manage to avoid blowing up on leverage or getting hacked or putting your entire stack into something like Luna or losing your seed phrase or having a smart contract exploited or getting wrecked trading a bear market...ok, there are a few ways to blow up, but they’re all avoidable.

BUT, with a bit of effort, maybe hitting a few decent winners, taking advantage of crazy APYs on stablecoins, and qualifying for a few airdrops (free money from VCs), I’m not sure there’s anywhere else money comes this easily.

Says the guy who entered crypto in 2020 and is still working, must stay away from leverage this bull run haha

I reckon you should go into Trump coins with your ears pinned back fiftyeight.. IMV it will be the vehicle of choice for anyone who wants to influence Trump. So the questions to ask are

1) Is Donald Trump open to taking money ?
2) Does Trump have a history of relentlessly trying to get money from anyone with a pulse and dollars ?
3) Are there any actions that Trump would not consider supporting on ethical grounds ? Pardoning international peddlers ? Protecting environments from unconscionable pollution ?
4) Does Donald trump hold the most powerful office in the most powerful country in the world ?
5) Can and does he use his power without reservation, regard for the law or even with rationality ?
6) Would a rising Trump coin value benefit the MAGA base that currently support him ?
7) Can Donald Trump ever be charged let alone convicted of anything in the next 4 years ? If he can't be, surely any other party in the transaction is equally safe.

If one answers Yes, Yes, No , Yes, Yes, YES, No then the logical conclusion is that support for Trump coin will escalate to singularity. If /when it reaches $500 a coin The Don will be worth $500 Billion - $500,000,000,00. On current figures he would be the richest man in the world - as he firmly believes he should be.

 
From The Financial Times

The memecoins launched by President Donald Trump and his wife days before his inauguration are damaging the industry’s reputation and risk a backlash from investors, crypto executives have warned.

$TRUMP was launched by the president on Friday evening in the US and was followed on Sunday by $MELANIA. The total nominal value of both tokens initially surged over the weekend, with the president’s reaching $14.5bn and Melania’s hitting nearly $3bn.

But they have since lost more than half of their value, leading to accusations of conflicts of interest and concerns that thousands of retail investors were sucked in to trading tokens even more volatile than bitcoin.

“Call me old-fashioned but I think presidents should focus on running the country,” said Nic Carter, founding partner at crypto venture capital firm Castle Island Ventures and a Trump supporter.

“Not to mention the obvious [conflict of interest] given the fact that Trump can set crypto policy,” he added.


gg
 
I reckon you should go into Trump coins with your ears pinned back fiftyeight.. IMV it will be the vehicle of choice for anyone who wants to influence Trump. So the questions to ask are

1) Is Donald Trump open to taking money ?
2) Does Trump have a history of relentlessly trying to get money from anyone with a pulse and dollars ?
3) Are there any actions that Trump would not consider supporting on ethical grounds ? Pardoning international peddlers ? Protecting environments from unconscionable pollution ?
4) Does Donald trump hold the most powerful office in the most powerful country in the world ?
5) Can and does he use his power without reservation, regard for the law or even with rationality ?
6) Would a rising Trump coin value benefit the MAGA base that currently support him ?
7) Can Donald Trump ever be charged let alone convicted of anything in the next 4 years ? If he can't be, surely any other party in the transaction is equally safe.

If one answers Yes, Yes, No , Yes, Yes, YES, No then the logical conclusion is that support for Trump coin will escalate to singularity. If /when it reaches $500 a coin The Don will be worth $500 Billion - $500,000,000,00. On current figures he would be the richest man in the world - as he firmly believes he should be.

$TRUMP is a meme coin, just like $FARTCOIN, which was dreamt up by an AI trained on 4chan.

$TRUMP = $FARTCOIN, but with more attention. That’s it. No further analysis required to trade and make money.

That said, I will attempt to answer your questions.

1. I'll let Trump Casinos, steaks, and university answer that one.

2. Yes. Trump will shill anything that aligns with his brand, and since his ego is his compass, I’m glad my bags are aligned.

3. After wading through Trump’s own BS and the mountain of media BS, I stunk. But I think his "drill, baby, drill" stance is a reaction to the completely unworkable solutions the left is pushing. Check my posts on PLS and older posts on going green. I’m a lefty greenie, I just hate the lefty greenies. 😀

What’s the issue with pardoning international peddlers if it serves a purpose?
- Wernher von Braun.
- Brittney Griner exchanged for Viktor Bout, a Russian arms dealer.

4. Yes.

5. Trump’s ego demands he is always correct, but does he use his power without reservation? Having a Twitter battle with "Little Rocket Man," then having a meeting with "Little Rocket Man," suggests there is some reservation. Obama and Trump seemed to get along very well at Carter’s funeral—so is Obama a bad judge of character, or is he bending the knee as well? Maybe Biden should have pardoned the Obamas too.

I break laws without reservation all the time. I’m sure you have a few laws you break without reservation as well ;)

Are you suggesting an irrational person managed to become president of the USA? Twice? Guess he’s just really lucky.

6. I hope it does, don’t you?
Maybe Warren can also launch a coin at no cost to the government and help her constituents? Guess it’s hard for Pelosi to front-run on a public blockchain though.

Degens worldwide and USA rednecks uniting over crypto, did Trump just find another source of funds for Social Security? We all know MAGA base are redneck bums, the extra money should be welcomed.

7. Russiagate, the misdemeanour to felony joke, what a circus. Whether Trump can or cannot be charged in the next 4 years is now, unfortunately, irrelevant due to the Biden administration. Biden, who just pre-emptively pardoned his entire family haha. You sure you want to open this can of worms haha. Disgusting.

Of course, $TRUMP will be manipulated. Welcome to crypto. Will that have any impact on the presidency? I highly doubt it. No more than a crackhead son.

Crypto prediction markets already exist. What’s the difference between manipulating the price of $TRUMP and the odds on a prediction market to play with his ego?

$TRUMP = $FARTCOIN. Are you really worried about $FARTCOIN?
 
From The Financial Times

The memecoins launched by President Donald Trump and his wife days before his inauguration are damaging the industry’s reputation and risk a backlash from investors, crypto executives have warned.

$TRUMP was launched by the president on Friday evening in the US and was followed on Sunday by $MELANIA. The total nominal value of both tokens initially surged over the weekend, with the president’s reaching $14.5bn and Melania’s hitting nearly $3bn.

But they have since lost more than half of their value, leading to accusations of conflicts of interest and concerns that thousands of retail investors were sucked in to trading tokens even more volatile than bitcoin.

“Call me old-fashioned but I think presidents should focus on running the country,” said Nic Carter, founding partner at crypto venture capital firm Castle Island Ventures and a Trump supporter.

“Not to mention the obvious [conflict of interest] given the fact that Trump can set crypto policy,” he added.


gg

21 million views per month. How do they make money? Ah owned by Nikkei.

1737558104600.png

For comparison, this version alone has 15.5B views in 8 years haha

Grandpa shark would be degen long $TRUMP

 
$TRUMP is a meme coin, just like $FARTCOIN, which was dreamt up by an AI trained on 4chan.

$TRUMP = $FARTCOIN, but with more attention. That’s it. No further analysis required to trade and make money.

That said, I will attempt to answer your questions.

1. I'll let Trump Casinos, steaks, and university answer that one.

2. Yes. Trump will shill anything that aligns with his brand, and since his ego is his compass, I’m glad my bags are aligned.

3. After wading through Trump’s own BS and the mountain of media BS, I stunk. But I think his "drill, baby, drill" stance is a reaction to the completely unworkable solutions the left is pushing. Check my posts on PLS and older posts on going green. I’m a lefty greenie, I just hate the lefty greenies. 😀

What’s the issue with pardoning international peddlers if it serves a purpose?
- Wernher von Braun.
- Brittney Griner exchanged for Viktor Bout, a Russian arms dealer.

4. Yes.

5. Trump’s ego demands he is always correct, but does he use his power without reservation? Having a Twitter battle with "Little Rocket Man," then having a meeting with "Little Rocket Man," suggests there is some reservation. Obama and Trump seemed to get along very well at Carter’s funeral—so is Obama a bad judge of character, or is he bending the knee as well? Maybe Biden should have pardoned the Obamas too.

I break laws without reservation all the time. I’m sure you have a few laws you break without reservation as well ;)

Are you suggesting an irrational person managed to become president of the USA? Twice? Guess he’s just really lucky.

6. I hope it does, don’t you?
Maybe Warren can also launch a coin at no cost to the government and help her constituents? Guess it’s hard for Pelosi to front-run on a public blockchain though.

Degens worldwide and USA rednecks uniting over crypto, did Trump just find another source of funds for Social Security? We all know MAGA base are redneck bums, the extra money should be welcomed.

7. Russiagate, the misdemeanour to felony joke, what a circus. Whether Trump can or cannot be charged in the next 4 years is now, unfortunately, irrelevant due to the Biden administration. Biden, who just pre-emptively pardoned his entire family haha. You sure you want to open this can of worms haha. Disgusting.

Of course, $TRUMP will be manipulated. Welcome to crypto. Will that have any impact on the presidency? I highly doubt it. No more than a crackhead son.

Crypto prediction markets already exist. What’s the difference between manipulating the price of $TRUMP and the odds on a prediction market to play with his ego?

$TRUMP = $FARTCOIN. Are you really worried about $FARTCOIN?
Thanks for the analysis 58. There is much I disagree with but Ce la Vie.

$Trump coin offers Donald Trump an anonymous, unprecedented way to accept money from anyone who wants to curry favour with him. All they have to do is set up an XYZ LLC company based somewhere with minimal supervision.

They can then approach Trump with an offer to buy , say 100,000 $Trump coins from the 800M reserved coins. Price with be current market price, perhaps 10% discount. Say $40. Total cost $4M.

The contra deal is Trumps political/executive/ support for whatever they want to see happen. Or not happen as the case may be.

These transactions are all anonymous. The funds are washed through the private Trump holding company CIC Digital LLC .

This analysis goes into detail at the ramifications of $Trump.

 
From The Financial Times

The memecoins launched by President Donald Trump and his wife days before his inauguration are damaging the industry’s reputation and risk a backlash from investors, crypto executives have warned.

$TRUMP was launched by the president on Friday evening in the US and was followed on Sunday by $MELANIA. The total nominal value of both tokens initially surged over the weekend, with the president’s reaching $14.5bn and Melania’s hitting nearly $3bn.

But they have since lost more than half of their value, leading to accusations of conflicts of interest and concerns that thousands of retail investors were sucked in to trading tokens even more volatile than bitcoin.

“Call me old-fashioned but I think presidents should focus on running the country,” said Nic Carter, founding partner at crypto venture capital firm Castle Island Ventures and a Trump supporter.

“Not to mention the obvious [conflict of interest] given the fact that Trump can set crypto policy,” he added.


gg
oh no.
 
From The Financial Times

The memecoins launched by President Donald Trump and his wife days before his inauguration are damaging the industry’s reputation and risk a backlash from investors, crypto executives have warned.

$TRUMP was launched by the president on Friday evening in the US and was followed on Sunday by $MELANIA. The total nominal value of both tokens initially surged over the weekend, with the president’s reaching $14.5bn and Melania’s hitting nearly $3bn.

But they have since lost more than half of their value, leading to accusations of conflicts of interest and concerns that thousands of retail investors were sucked in to trading tokens even more volatile than bitcoin.

“Call me old-fashioned but I think presidents should focus on running the country,” said Nic Carter, founding partner at crypto venture capital firm Castle Island Ventures and a Trump supporter.

“Not to mention the obvious [conflict of interest] given the fact that Trump can set crypto policy,” he added.


gg
Bitcoin maxis are having a sook their coin won't rise because everyone ran to 1000x on meme coins. They are worried there isn't enough liquidity to pump. Unless they get rate cuts then bitcoin in theory won't rise that much.

Personally I'm not sold on any of these things being much above ponzi schemes. I have no doubt they will eventually go higher though
 
Blows my mind that chatgpt can spew out an arbitrage bot in seconds (untested).
I often wonder if this is the last few years of decent profits left in the market

import ccxt
import time

# Configure API keys for two exchanges
EXCHANGE_1 = {
"name": "binance",
"api_key": "your_binance_api_key",
"secret": "your_binance_secret_key",
}

EXCHANGE_2 = {
"name": "kraken",
"api_key": "your_kraken_api_key",
"secret": "your_kraken_secret_key",
}

PAIR = "BTC/USDT" # Trading pair
THRESHOLD = 0.5 # Minimum percentage difference for arbitrage

# Initialize exchanges
exchange_1 = getattr(ccxt, EXCHANGE_1["name"])({
"apiKey": EXCHANGE_1["api_key"],
"secret": EXCHANGE_1["secret"],
})

exchange_2 = getattr(ccxt, EXCHANGE_2["name"])({
"apiKey": EXCHANGE_2["api_key"],
"secret": EXCHANGE_2["secret"],
})


def get_prices():
"""Fetch prices from both exchanges."""
price_1 = exchange_1.fetch_ticker(PAIR)["last"]
price_2 = exchange_2.fetch_ticker(PAIR)["last"]
return price_1, price_2


def arbitrage_opportunity(price_1, price_2):
"""Check if an arbitrage opportunity exists."""
difference = abs(price_1 - price_2) / min(price_1, price_2) * 100
return difference >= THRESHOLD


def execute_trade(buy_exchange, sell_exchange, amount):
"""Execute arbitrage trades."""
try:
# Fetch balance (adjust to ensure enough funds)
balance = buy_exchange.fetch_balance()["USDT"]["free"]

if balance < amount:
print("Insufficient funds.")
return

# Execute buy and sell orders
buy_exchange.create_market_buy_order(PAIR, amount)
sell_exchange.create_market_sell_order(PAIR, amount)

print(f"Arbitrage executed: Bought {amount} BTC on {buy_exchange.id}, "
f"sold on {sell_exchange.id}.")
except Exception as e:
print(f"Error executing trade: {e}")


def main():
"""Main function to run the arbitrage bot."""
while True:
try:
# Fetch prices
price_1, price_2 = get_prices()
print(f"Price on {EXCHANGE_1['name']}: {price_1}")
print(f"Price on {EXCHANGE_2['name']}: {price_2}")

# Determine arbitrage opportunity
if price_1 < price_2 and arbitrage_opportunity(price_1, price_2):
print("Arbitrage detected! Buying on Exchange 1 and selling on Exchange 2.")
execute_trade(exchange_1, exchange_2, 0.01) # Adjust amount as needed
elif price_2 < price_1 and arbitrage_opportunity(price_2, price_1):
print("Arbitrage detected! Buying on Exchange 2 and selling on Exchange 1.")
execute_trade(exchange_2, exchange_1, 0.01) # Adjust amount as needed
else:
print("No arbitrage opportunities detected.")

time.sleep(10) # Pause for 10 seconds before the next check
except Exception as e:
print(f"Error: {e}")
time.sleep(10) # Pause before retrying


if __name__ == "__main__":
main()
 
Thanks for the analysis 58. There is much I disagree with but Ce la Vie.

$Trump coin offers Donald Trump an anonymous, unprecedented way to accept money from anyone who wants to curry favour with him. All they have to do is set up an XYZ LLC company based somewhere with minimal supervision.

They can then approach Trump with an offer to buy , say 100,000 $Trump coins from the 800M reserved coins. Price with be current market price, perhaps 10% discount. Say $40. Total cost $4M.

The contra deal is Trumps political/executive/ support for whatever they want to see happen. Or not happen as the case may be.

These transactions are all anonymous. The funds are washed through the private Trump holding company CIC Digital LLC .

This analysis goes into detail at the ramifications of $Trump.

Is this an onchain transaction or an OTC deal?

Onchain, it is public and will eventually be uncovered.

OTC deal, there is a wire transfer as with any other asset transfer.

I am not saying there won't be any grift, manipulation or money laundering. I just dont think $TRUMP will lead to net new grift, manipulation, it will just be different.
 
OTC deal, there is a wire transfer as with any other asset transfer.

I am not saying there won't be any grift, manipulation or money laundering. I just dont think $TRUMP will lead to net new grift, manipulation, it will just be different.

I'm not certain. I am suggesting that transactions could be easily made for the remaining 800 million tokens off market. I can't see what mechanisms there would be to reveal the parties.

The thing is though that to have the President controlling an investment vehicle that encourages and allows anyone to buy into is a corrupt practice. The article from Forbes goes into this in detail. It already breaks the current legislation.

Presidential Powers Meet Crypto Powers: The Legal Paradox Of $TRUMP

Alexandra Andhov
Contributor

Academic | Lawyer | Entrepreneur


Jan 19, 2025,09:44pm EST
Updated Jan 20, 2025, 08:14pm EST

Where Presidential Power Meets Digital Finance: A Constitutional Crisis in the Making?

In an unprecedented move that has sent shockwaves through both political and financial circles, President-elect Donald Trump launched the $TRUMP cryptocurrency just three days before his second inauguration.

Within 48 hours, the meme coin's value tripled from $20 to $70 per token, catalyzing over $24 billion in trading volume and pushing its market capitalization past $14 billion. While crypto enthusiasts celebrate this as a watershed moment for digital assets, the launch raises profound legal questions about the intersection of presidential power, securities law, and market integrity. At stake is not just the future of cryptocurrency regulation, but fundamental questions about the boundaries between political office and private enterprise in the digital age.

 
Is this an onchain transaction or an OTC deal?

Onchain, it is public and will eventually be uncovered.

OTC deal, there is a wire transfer as with any other asset transfer.

I am not saying there won't be any grift, manipulation or money laundering. I just dont think $TRUMP will lead to net new grift, manipulation, it will just be different.
$Trump?
Onchain
 
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