Domain: tiger-web1.srvr.media3.us GME (Gamecoin) | Page 53 | Money Talk
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re: GME (Gamecoin)

Posted on 11/4/21 at 5:16 pm to
Posted by lsufisherman
Baton Rouge
Member since Oct 2006
248 posts
Posted on 11/4/21 at 5:16 pm to
What is interesting is the fact that I saw a thread on TD back when it was 0.00055, regardless of whether it was this thread or another. I had dismissed it as most other on that thread had. A day later a buddy called me telling me about GameCoin and I told him that it was gonna be a rug pull and just to be careful. Two day later he called again saying just to throw some flier money into it and see where it goes.

I am thankful I listened and wish I had invested more. A $1600 investment has yielded myself $12k in realized gains with another $60k unrealized.

I’m realistic enough to not expect $1 but also see it tripling from its current price point if not further.

I hope others ignored the FUD as well and are enjoying the ride
This post was edited on 11/4/21 at 5:18 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82152 posts
Posted on 11/4/21 at 5:16 pm to
quote:

It wasn't supposed to go live until tomorrow. I bet there is a huge mountain of people looking to exit, but don't realize it is live yet. Large sell pressure coming later tonight or tomorrow I think

I was wrong
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11546 posts
Posted on 11/4/21 at 5:35 pm to
GameCoin even has admin keys? Why the hell would anyone invest in this crap?
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58395 posts
Posted on 11/4/21 at 5:39 pm to
quote:

but also see it tripling from its current price point if not further.
what makes you say that
Posted by lsufisherman
Baton Rouge
Member since Oct 2006
248 posts
Posted on 11/4/21 at 5:45 pm to
Most all of the growth have generally regional buys, as it is not well known or easily accessible.

The plan is to get it on one exchange soon if not multiple. Assuming things continue to progress, it certainly seems plausible that it could go to 10+ cents.

I think market cap size will hinder it from ever hitting a dollar. But who knows
Posted by slackster
Houston
Member since Mar 2009
91502 posts
Posted on 11/4/21 at 5:47 pm to
quote:

hope others ignored the FUD as well and are enjoying the ride


All of the FUD around GME is legit, but it doesn’t mean a damn thing about the price.

It’s not like $1 GMEX would disprove any of the criticisms in the thread. At the end of the day, GMEX is a pyramid scheme wrapped in a charitable blanket - give me your money so I can donate it to charity and give you back more isn’t a real business model.

I hope everyone makes a mint, but there is no happy ending for GMEX in the long run.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 11/4/21 at 5:51 pm to
cumrocket coin has a lot of fud surrounding it as well but it's also has millions in marketcap

doesn't mean it's useful or has any fundamental value.

no one with any sense at all would buy this thing, and sadly that's a reason to buy it
This post was edited on 11/4/21 at 5:54 pm
Posted by slackster
Houston
Member since Mar 2009
91502 posts
Posted on 11/4/21 at 5:54 pm to
quote:

I was wrong


I thought there might be selling pressure given the shitty execution, but it hasn’t really pinned out this afternoon either. In hindsight, that makes sense. Most current holders have no clue what it is, they just know it’s gone mostly up. There aren’t many exit plans, and given it’s rise, I guess that should be expected.

Eventually people will want access to all of these paper gains, and that’s when the music will likely stop. At the end of the day, liquidity matters, and there simply won’t be enough to go around for something with no real utility.
Posted by slackster
Houston
Member since Mar 2009
91502 posts
Posted on 11/4/21 at 5:54 pm to
quote:

no one with any sense at all would buy this thing, and sadly that's a reason to buy it




Therein lies the rub.
Posted by lsufisherman
Baton Rouge
Member since Oct 2006
248 posts
Posted on 11/4/21 at 5:57 pm to
I agree and everyday more and more crap coins are coming out and making people money.

I don’t agree that GMEX and Cumrocket are equivalents in the market. But I also understand that GMEX is a token rather than a platform, it’s not anywhere close to BTC and honestly more similar to an NFT.

But there is potential for a sustainable project, the reality is it is still just ground floor and all potential.

And that means there is potential for money to be made (or lost)
Posted by bayoubengals88
LA
Member since Sep 2007
23848 posts
Posted on 11/4/21 at 6:21 pm to
This is not directed at anyone in particular.

WHY is there so much anger in this thread?
WHY do people care what others choose to invest in?

It’s not like we’re dealing with chronic debt in here and poor life choices. For the most part it’s just people willing to take an insubstantial risk to make a nice reward.

Why the hate??
Posted by OneMoreTime
Florida Gulf Coast Fan
Member since Dec 2008
61865 posts
Posted on 11/4/21 at 6:22 pm to
quote:

cumrocket coin has a lot of fud surrounding it as well but it's also has millions in marketcap

doesn't mean it's useful or has any fundamental value
cumrocket is infinitely more useful than gmex. They’ve actually got a product with their nft marketplace
Posted by slackster
Houston
Member since Mar 2009
91502 posts
Posted on 11/4/21 at 7:08 pm to
quote:

WHY do people care what others choose to invest in?


It’s the money board, so…


Honest discussion should be welcomed - it’s how folks decide where to stick that next dollar.

quote:

It’s not like we’re dealing with chronic debt in here and poor life choices. For the most part it’s just people willing to take an insubstantial risk to make a nice reward.



Gambling $1,000 won’t hurt anyone, but that entire dynamic changes when it’s turned into tens of hundreds of thousands of dollars. Something a little more substantial than “to the moon” should be the reason you’re still holding.

At the end of the day, it’s not my money or my problems, but it’s still an entertaining discussion.
Posted by slackster
Houston
Member since Mar 2009
91502 posts
Posted on 11/4/21 at 7:14 pm to
quote:

But there is potential for a sustainable project,


Can you explain how that would happen? Seriously.

As far as I can tell, nothing in this thread has explained how that would work.
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 11/4/21 at 8:01 pm to
quote:

just checked the poo coin chart. that mother fricker must be fishing for buzzards!


Did you think it wasn't going to go up after that migration?

She's dead if you don't pump her up there.

Guess what? She still isn't pretty enough.
Posted by Alika_kahuna
Member since May 2021
266 posts
Posted on 11/4/21 at 8:02 pm to
quote:

It’s the money board, so…


Honest discussion should be welcomed - it’s how folks decide where to stick that next dollar.



I agree with you. That's why I'm here. I like hearing different opinions even though I've already decided what I'm going to do. I like the idea of this project and I'm rolling with it. Just being involved has been fun. I've learned some new things and helped some kids while making a little pocket cash. Can't really be upset about that.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 11/4/21 at 8:49 pm to
bayoubengals wants a safe space to discuss his investments

this is also why these communities create discords/telegrams so it's a big echo chamber of delusion and "diamond hands"

bayoubengals also called this "gamecoin shares" so just more evidence of the avg crypto knowledge behind this one
This post was edited on 11/4/21 at 8:50 pm
Posted by Meezy
DA Bomb Squad
Member since Apr 2005
6960 posts
Posted on 11/4/21 at 8:55 pm to
The big whales of advertising for them. They do have them lined up and it will drive the price up.

FTR, this has nothing to do with them announcing Ryan Theriot as an ambassador
Posted by Rust Cohle
Baton rouge
Member since Mar 2014
2149 posts
Posted on 11/4/21 at 9:10 pm to
People say “this thing is new and look how good it’s already doing”, and think it will go to a dollar, but don’t realize it’s because a small liquidity pool and only 25% circulating coins. Just now learning about how pools determine the price compared to actual trades with stocks, and bet less than 1% gmex holders know how a pool works.

It’s crazy overvalued because of the way it’s sold. 7000 wallets/$3billion is .5million per wallet. Need a million people to sell all those tokens. The money is not there!
This post was edited on 11/4/21 at 9:15 pm
Posted by Rize
Spring Texas
Member since Sep 2011
19144 posts
Posted on 11/4/21 at 9:19 pm to
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