Con comes from the word confidence (game). Meme coins are not a con. Their entire design concept is built upon a joke, or having fun You know what's a con game? the stock market Take for example the bank stocks, DCF, interest rate income, safe, and yet... they are all bankrupt because they are nothing more than highly risky leveraged hedge funds in design, they take the money deposits and leverage and blow up. That's a con Take for example Tesla or Amazon, that provide no dividends nor will they ever pay a dividend. You buy the shares, supposedly as ownership of the company, bullshit, try to go to their offices and order employee or take any company property for your use. That's a con
By the way, I know why you're upset about Pepe and cryptos... coz you fucked up selling MSTR that has more than doubled ytd and you chose TSLA that can't even stay above $200 You got pumped and dumped and crying everyday scared that TSLA will go back to $5
wwut? How did we go from a few thousand people pumping PEPE to MSTR and TSLA? fwi. I don't trade with much emotions. MSTR is long gone for me, I have cryptos to lament about. As for TSLA, I wish I could buy at $5, I'd be multi millionaire today.
I'm holding onto my MSTR, even if Saylor gets margin-called... And speaking of margin calling... as I mentioned in another forum, it looks like Carl Icahn may have his own issues soon. It also looks like Ackman may be getting his payback after the Betting-on-Zero disaster with his nemesis. And just a few days ago, I had been seriously thinking on buying some shares of Icahn Enterprises as the results looked too good to be true. And then... the Hindenburg research report just came out. Doh! I may have dodged a bullet!
Revisiting this thread... meme coins as store of value **** NO FINANCIAL ADVICE HERE, JUST FOR ENTERTAINMENT PURPOSES ONLY **** 1000% from the OP of this thread, Pepe The BAYC nft owner who traded a non-floor Bored Ape for Pepe is doing very well if he's still holding the Pepe Meme coin Popcat hit all time high today, while Eth and Btc are not at ath, yet I got out of my Popcat about a month ago due to Orca delisting it for a few hours and I got scared it was a rug-pull, I started getting back my Popcat holding last week, and got my full position back today, albeit much higher price from where I sold (today's tranche price, not last week's)
I don't know if there is any correlation at all with the token price action, but in the 2016 elections the 4chan people created the Pepe meme for a Trump victory.
Ahhh, so THAT explains why every libtard is having a temper tantrum on how the icon is RACIST. Suddenly it makes more sense now, when you remove commonsense.