- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Winter Olympics
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: GME (Gamecoin)
Posted on 11/17/21 at 6:24 pm to go ta hell ole miss
Posted on 11/17/21 at 6:24 pm to go ta hell ole miss
This thing might not survive the night
2
Posted on 11/17/21 at 6:43 pm to zzgobucky
quote:
This thing might not survive the night
Down 15% more since your post. This is tough to watch.
Posted on 11/17/21 at 6:44 pm to zzgobucky
thinking a lot went down behind the scenes
Posted on 11/17/21 at 6:50 pm to go ta hell ole miss
What's tough to watch is the shillers who convinced friends to buy in at .04 and now have next to nothing. As posted above one guy dragged his friend into the telegram to drop 2k earlier and now had a fraction of that. Anyone suggesting someone buy now is irresponsible
Posted on 11/17/21 at 7:04 pm to HeadyMurphey
I wonder if Mattoshi Moscamoto will chime in with his thoughts on how things are going.
Posted on 11/17/21 at 7:11 pm to HeadyMurphey
Don’t worry, the grifters and shillers feel no remorse, they’ll be on to the next con in a week.
Posted on 11/17/21 at 7:15 pm to 21Dalrymple
Can’t buy a new Lamborghini this way.
Posted on 11/17/21 at 7:19 pm to PhiTiger1764
Mattoshi led thousands of people to slaughter. not sure how this ends for him
Posted on 11/17/21 at 7:22 pm to rocket31
I am sure Matt Moscona will devote plenty of time to this on tomorrow’s show.
Posted on 11/17/21 at 7:27 pm to go ta hell ole miss
What's going on here? We all knew it would eventually crash down to earth but this is of epic proportion and speed.
Posted on 11/17/21 at 7:29 pm to rocket31
Hopefully it does end him, BR doesn’t need a millennial Richard Condon
Posted on 11/17/21 at 7:30 pm to LSUregit
It’s just a response to a very small amount of selling due to a small liquidity pool. The same reason a little bit of buying made it go up.
Posted on 11/17/21 at 7:31 pm to thatguy777
quote:
Can you explain this in a little more detail? Not in this just curious
By the letter of the law, the airdropped GMEX is treated as ordinary income based on the FMV of that coin - which was locked to BNB so it’s somewhere around .40 or so. That means you’d owe ordinary income taxes on $1,000,000, and the losses in GME can only be used to offset $3,000 of that amount.
As a result, you’d owe income taxes on $997,000, which is much higher in fed/state taxes than the $250k that you’d get from selling it now.
If it sounds impossible to you, understand that it’s happened before with big stock drops on stock options for employees.
Eta- I meant .04 not .40.
This post was edited on 11/17/21 at 8:07 pm
Posted on 11/17/21 at 7:36 pm to LSUregit
quote:
What's going on here? We all knew it would eventually crash down to earth but this is of epic proportion and speed.
I’ve read about plenty of rug pulls. This is the first one I have watched in real-time.
Posted on 11/17/21 at 7:43 pm to go ta hell ole miss
quote:
I’ve read about plenty of rug pulls
This isn't a rug pull. This is just the coin ran up to hard to fast, plus an inexperienced (crypto dev) team. Also just ALOT more sellers than buyers.
This post was edited on 11/17/21 at 7:44 pm
Posted on 11/17/21 at 7:44 pm to go ta hell ole miss
They’re blaming it on a Poocoin issue right now. Supposedly the price is still at $.01 or so on other sites.
Posted on 11/17/21 at 7:50 pm to JJJrich
I know it’s not a literal rug pull. Largely the same result, though. Lost 85% of it’s value very quickly (even with this 40% rally going on).
This post was edited on 11/17/21 at 7:52 pm
Posted on 11/17/21 at 7:50 pm to slackster
Posted on 11/17/21 at 7:57 pm to go ta hell ole miss
Notice how almost none of the athletes that are supposedly involved every post or talk about GameCoin. That old softball lady is the only one that’s seemed to mention it and only a couple times.
Posted on 11/17/21 at 7:59 pm to JJJrich
Looks like they found some buyers in the last 30mins, will be interesting to see if they can get it back above .01 before more individuals sell
Page 70 of 78
Popular
Back to top
Follow TigerDroppings for LSU Football News