Four out of five people who bought into Hunter Biden’s new meme coin saw their investments go up in smoke during the cryptocurrency’s spectacular launch-day collapse.

  • ViatorOmnium@piefed.social
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    9 days ago

    I know it’s victim blaming, but people gambling on meme coins deserve it. At this point I have to assume everyone is in on the scam and hoping there’s a greater fool before the inevitable blow-off.

    • givesomefucks@lemmy.world
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      9 days ago

      Literally none of them end up any different…

      It’s a game of chicken, people buy in while the price is going up, knowing eventually it will be worthless but betting they’ll exit before anyone else.

      And every single time the vast majority are wrong and lose money.

      Everyone that buys it is both an idiot and knows what they’re doing, but everyone who launches a coin is still a jackass ripping people off.