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Initech

(109,022 posts)

8. It's literally getting rich off selling nothing.

Reply to Old Crank (Original post)

Mon Jan 20, 2025, 02:19 PM

Jan 2025

Selling meme stocks and coins is basically a form of legalized gambling. Someone is getting rich - it's not you. And just like gambling, never, ever bet against the house. The house always wins.

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Meme coin madness [View all] Old Crank Jan 2025 OP

Another article as a follow up Old Crank Jan 2025 #1

what value can they have above the willingness of a rube to buy it? rampartd Jan 2025 #2

Please don't call people like me rubes. Stalney Jan 2025 #4

how any trump coins did you buy? rampartd Jan 2025 #5

Rubes buy meme digital coins and Franklin Mint "coins" too. Do you also own Franklin Mint "coins"? Bernardo de La Paz Jan 2025 #6

Welcome to DU KS Toronado Jan 2025 #7

"Rubes" is being generous JoseBalow Jan 2025 #9

All it takes is one large liquidity exit; which is the plan with these meme coins... EarthFirst Jan 2025 #3

It's literally getting rich off selling nothing. Initech Jan 2025 #8

I wonder if anyone here bought it and quickly sold it Polybius Jan 2025 #10

How would you even cash in? LeftInTX Jan 2025 #11

Very easily Polybius Jan 2025 #12

The entire US treasury now exists to enrich Trump Johnny2X2X Jan 2025 #13