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Personal Finance and Investing

mikelewis

(4,494 posts)

7. Yes but...

Reply to bluedigger (Reply #5)

Fri Feb 28, 2025, 11:25 AM

Feb 28

Manipulating Bitcoin is extremely hard. Manipulating the Chump coin is extremely easy if you have most of the Chump coins.

Not to mention that they also own the bank accounts that created the crypto in the first place. I'm not saying our Beloved President would ever do what is called a 'Rug Pull' but if he did, he could walk away with every dime of the money in the bank and there's nothing anyone can do about it. Except maybe the President of th... Oh... right.

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Highlight:

The Chump Coin Pump and Dumpers [View all] mikelewis Feb 28 OP

Just like buying tulip bulbs. multigraincracker Feb 28 #1

Yes and no... mikelewis Feb 28 #6

Isn't manipulating markets against the law? Deuxcents Feb 28 #2

And ... ? marble falls Feb 28 #3

Isn't bitcoin an unregulated market? bluedigger Feb 28 #5

Yes but... mikelewis Feb 28 #7

tRump makes money from making market for buying and selling the coin. Could be some manip there. Bernardo de La Paz Feb 28 #4