192 points

Hawk Tuah

Pump and dump

Oh come on now

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130 points

I can only imagine that the writers at The Onion are going insane because they just can’t compete with reality anymore.

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11 points

At this point they’re just the news. Actually they’re more accurate. No creativity needed anymore.

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5 points

why do you think they bought infowars?

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1 point
*

Attempted to. MAGA judge blocked it and is trying to let Musk take it

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22 points

Yeah, isn’t it more of a spit and quit?

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2 points

It could be, but pump and dump might still be accurate since she basically fucked them and then shit on them

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142 points

That’s the last time I invest in an opportunity championed by someone who’s only claim to fame is their explanation of how to properly suck a dick.

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38 points

hey now id like to see you transform that claim to fame into a wildly successful media presence /halfjoke

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15 points

Cash me outside girl gets an idea.

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82 points
Deleted by creator
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8 points

The cycle isn’t a century long, but 80-90 years

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1 point
*

It’s “illegal” to financially manipulate regulated securities*

*unless you’re insanely rich and know the right people, lawyers, and loopholes

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70 points

At this stage, I have no sympathy for anyone dumb enough to invest in an obvious pump-n-dumps.

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25 points

there’s more people out there than you think. your exposure to the concept is relatively niche and privelaged, i think there’s still massive chunks of the population with exploitable cash out there that cons like this seek to exploit

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10 points

I understand that, but I seriously doubt these people are losing essential money. If you can afford to buy Hawk Tuah coins for the ‘community aspect’ then they probably aren’t at risk of losing their life saving.

There’s a big gap between what’s happening here and telescammers robbing grannies for example.

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12 points

you’re free to believe that, without proof there’s no argument either way, and in any case it’s my personal belief this kind of manipulation of assets should be illegal no matter the target audience

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1 point

Explain the privilege please.

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-1 points

I don’t think anybody was exploited who didn’t already deserve it here.

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4 points

you’re free to believe that, without proof there’s no argument either way, and in any case it’s my personal belief this kind of manipulation of assets should be illegal no matter the target audience

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4 points

They purposefully went after people who know nothing about crypto. But yeah it was pretty obvious for those who know anything above “buy Bitcoin”

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60 points

Every time a notable/famous person or “influencer” or whatever talks about a crypto coin, it is a pump and dump. Shes just doing what all the other scumbag influencers are doing.

For years now crypto has just been another tool to extract wealth from the lower class.

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