Rumors of Trump's New Crypto Coin

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fewunderstandLegendary
Posts: 108 · Reputation: 5964
#1Aug 11, 2017, 05:39 AM
Hey guys, saw some crazy buzz online. Anyone got the scoop? Apparently, there's a new token dropping on July 4th, and the word is Trump has a fat stack of it in his wallet. The kicker? It’s supposedly connected to the US Treasury and rising oil prices. Could this be a new digital petrodollar or just another meme coin trying to cash in?
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0xBossFull Member
Posts: 58 · Reputation: 254
#2Aug 11, 2017, 06:15 AM
If this is legit, it’s probably just another meme coin trying to ride the hype train. Remember the TRUMP token and Melania’s? Total trainwreck. I wouldn’t waste my time on this.
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greg2015Legendary
Posts: 105 · Reputation: 5547
#3Aug 11, 2017, 10:56 AM
Lol, you might just become exit liquidity when that token launches. I’ve been burned by his wife’s token before. Prices tanked so fast. Lesson learned these coins are all about them making money, not us.
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LuckyDeg3nFull Member
Posts: 90 · Reputation: 408
#4Aug 11, 2017, 02:40 PM
They’ll figure it out via some deanonymization tools. But just because you see tokens on an address doesn’t mean they were accrued willingly. Could just be another random meme thing.
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Posts: 93 · Reputation: 213
#5Aug 11, 2017, 02:52 PM
If this is true, it shouldn’t be too hard to track down. But honestly, who believes this stuff anymore? In a bear market, it feels like we’ve seen it all before another meme coin trying to get popular.
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im_bitNewbie
Posts: 9 · Reputation: 10
#6Aug 11, 2017, 08:42 PM
100% a scam. No doubt in my mind. With an executive order from Trump banning a CBDC, it’s clear scammers are targeting unsuspecting investors. They could flood popular wallets with these fake tokens to lure people in.
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defi_2021Member
Posts: 37 · Reputation: 249
#7Aug 11, 2017, 09:41 PM
Another trainwreck incoming for those who buy into this scam. They’ll use Trump’s name to lure folks into investing, pump it, and then rug pull. Been there, done that with his past tokens.
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swiftstackFull Member
Posts: 32 · Reputation: 292
#8Aug 11, 2017, 11:05 PM
How do we even know this rumor is real? If Trump were involved, there’d be some official word. He’s all about making a buck off hype, so why would he do anything different this time?
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alt_forkMember
Posts: 85 · Reputation: 236
#9Aug 12, 2017, 04:01 AM
Man, if you’re falling for this scam pump, maybe it’s time to reconsider your crypto strategy. If it’s tied to Trump, there’ll be a mad rush, but that’s exactly what they want. This is all a big joke.
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WildV4ultFull Member
Posts: 30 · Reputation: 253
#10Aug 13, 2017, 09:15 AM
This feels like a scheme to rope Trump into their nonsense, then he’ll deny it later. His history with manipulation is well-known. Honestly, I’m skipping this one.
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Posts: 2 · Reputation: 161
#11Aug 13, 2017, 01:11 PM
Honestly, it just feels like history repeating itself. Last time Trump was involved with a meme coin, a ton of copycat tokens exploded, pulling in tons of cash. Just feels too familiar.
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mr_bearNewbie
Posts: 72 · Reputation: 11
#12Aug 13, 2017, 07:10 PM
They’ll probably launch quietly, pump it up, and ditch it immediately. I read somewhere that Trump’s family made a ton off crypto. They’re milking it while we’re the ones getting left behind.
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#13Aug 13, 2017, 07:23 PM
You might be right, but it seems suspicious when you’re trying to hype this token up. If nothing’s verified, you might be setting a trap for everyone here.
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samlaserFull Member
Posts: 51 · Reputation: 480
#14Aug 13, 2017, 11:12 PM
A lot of investors already got burned with Trump tokens before. He’s just trying to cash in during his second go-around by pushing out more coins that will leave us high and dry. Seriously, just stick to Bitcoin.
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W1ldLordSenior Member
Posts: 14 · Reputation: 1673
#15Aug 13, 2017, 11:46 PM
These rumors are targeting newbies who don’t know better. It’s sad really. No matter how loud the warnings are, people still fall into the traps of these scams.
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stack42Newbie
Posts: 25 · Reputation: 5
#16Aug 14, 2017, 12:39 AM
Truth bomb. Scammers can easily flood wallets with tokens to trick people looking for quick bucks. Launching on July 4th claiming to be a US currency? Sounds like a classic scam.
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CalmMinerFull Member
Posts: 195 · Reputation: 784
#17Aug 14, 2017, 06:28 AM
Wait a sec, does Trump actually have a crypto wallet? Can we track it down? But honestly, this rumor seems like a mashup of unrelated news to draw in suckers. The U.S. Mint is doing a gold coin, not a crypto token.
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MadChainFull Member
Posts: 23 · Reputation: 392
#18Aug 14, 2017, 11:57 AM
Even if he has the altcoin, it doesn’t mean it’s gonna do well. It’s just a random coin transferred to his wallet. Look at $Trump totally tanked. Altcoins without utility are dead weight.
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the_satNewbie
Posts: 102 · Reputation: 6
#19Aug 14, 2017, 04:32 PM
These scams are all about exploiting events like Independence Day. Seriously, investing in these will just mean losing your cash. And it’s happened way too many times.
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Posts: 77 · Reputation: 90
#20Aug 14, 2017, 07:09 PM
Anything linked to Trump is a pump and dump. Just like that phone he tried to sell barely out and people are already regretting their investments. He’s got a track record for a reason.
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