Xatolos@reddthat.com to Technology@lemmy.worldEnglish · 5 days agoTeen creates memecoin, dumps it, earns $50,000arstechnica.comexternal-linkmessage-square20fedilinkarrow-up1155arrow-down14cross-posted to: news@lemmy.worldarstechnica_index@rss.ponder.cat
arrow-up1151arrow-down1external-linkTeen creates memecoin, dumps it, earns $50,000arstechnica.comXatolos@reddthat.com to Technology@lemmy.worldEnglish · 5 days agomessage-square20fedilinkcross-posted to: news@lemmy.worldarstechnica_index@rss.ponder.cat
minus-squareiconic_admin@lemmy.worldlinkfedilinkEnglisharrow-up36arrow-down3·5 days agoEarns? A strange turn of phrase for a con.
minus-squaredinckel@lemmy.worldlinkfedilinkEnglisharrow-up17arrow-down1·5 days agoWelcome to 2024. Either you play, or get played. Being genuine and honest is becoming harder by the day
minus-squarenandeEbisu@lemmy.worldlinkfedilinkEnglisharrow-up12arrow-down1·5 days agoHe did more labor for that 50k than someone like Musk did for their next 50k
minus-squaresurewhynotlem@lemmy.worldlinkfedilinkEnglisharrow-up8arrow-down3·5 days agoWhere’s the con part? Did he guarantee they’d go up or something?
minus-squarejdeath@lemm.eelinkfedilinkEnglisharrow-up1·2 days agowhen you buy from yourself instead of from a different market participant that is considered wash trading and it is fraud
Earns? A strange turn of phrase for a con.
Welcome to 2024. Either you play, or get played. Being genuine and honest is becoming harder by the day
He did more labor for that 50k than someone like Musk did for their next 50k
Where’s the con part? Did he guarantee they’d go up or something?
when you buy from yourself instead of from a different market participant that is considered wash trading and it is fraud