Is Trump official meme coin a threat to Bitcoin ?

[o48o]

It is growing very fast. Is it a threat to Bitcoin or can we see it a good initiative that will lead to growth in price of all good coins including Bitcoin also ?

Why would a meme coin be a threat to bitcoin?

Because OP seems to think it's "growing very fast."



I am not sure what advanced math and metrics is OP using, but new ATL is coming every day.

The day when their family gets sued over these projects as well, will hopefully be cleansing day for crypto. Because if even president of US doesn't manage to pump the token by shilling it in his feed, days for forced memecoins like these are hopefully thing in the past.

I don't mean that other harmless meme coins would ever die. Hopefully it's just these.

[Orpichukwu]

Trump coins is a meme  coin, there is no way of comparing them to Bitcoin that is the pioneer and with the highest dominance in the market. Bitcoin is not to evre to Bitcoin. The idea of memcoins being a threat to Bitcoin is being pushed by those who created these memecoins so care should be taken when approaching or investing in them so that hype will not lure them into that bad investment. 

People are just messing themselves up and showing how unaware and uninformed they are by comparing shitcoins to Bitcoin. Aside from those shitcoins not having a good use case, there is nothing there to back them up. The low fee they promise is not everything, and some of them are even merged to a chain like Eth, which is known for high fees.

[ultrloa]

Trump coins is a meme  coin, there is no way of comparing them to Bitcoin that is the pioneer and with the highest dominance in the market. Bitcoin is not to evre to Bitcoin. The idea of memcoins being a threat to Bitcoin is being pushed by those who created these memecoins so care should be taken when approaching or investing in them so that hype will not lure them into that bad investment. 

People are just messing themselves up and showing how unaware and uninformed they are by comparing shitcoins to Bitcoin. Aside from those shitcoins not having a good use case, there is nothing there to back them up. The low fee they promise is not everything, and some of them are even merged to a chain like Eth, which is known for high fees.

Maybe the only thing they base is the influence of the person who create this token, but they fail to know the intention on why these influential guys create their own. Maybe best for those people to look at the actions done by this people, because they would know that those shitcoins owned by this popular person is nothing compare on Bitcoin.

For sure it will not go far and same with the other shitcoin they create it will eventually die later on. So they better don't ride with the hype since for many occasions lots of their investor lose their money due to massive dumps happen with those tokens they owned. So instead believing on them much better they buy Bitcoin directly and don't waste their time speculating on possible pump of those shitcoin.

[FortuneFollower]

Trump coins is a meme  coin, there is no way of comparing them to Bitcoin that is the pioneer and with the highest dominance in the market. Bitcoin is not to evre to Bitcoin. The idea of memcoins being a threat to Bitcoin is being pushed by those who created these memecoins so care should be taken when approaching or investing in them so that hype will not lure them into that bad investment. 

People are just messing themselves up and showing how unaware and uninformed they are by comparing shitcoins to Bitcoin. Aside from those shitcoins not having a good use case, there is nothing there to back them up. The low fee they promise is not everything, and some of them are even merged to a chain like Eth, which is known for high fees.

It's all for pumps and dumps.. I agree. No meme would be getting somewhere where the true utility coin would, BTC or not.

[Emitdama]

People are just messing themselves up and showing how unaware and uninformed they are by comparing shitcoins to Bitcoin. Aside from those shitcoins not having a good use case, there is nothing there to back them up. The low fee they promise is not everything, and some of them are even merged to a chain like Eth, which is known for high fees.

Unfortunately there are a lot of people who made this type of claim when it first came out. They were trump fans, and you can see right now that trump fans are supporting trump even when his gestapo are killing people on the streets, so when you have people who are rabid fans that much, then you do not really consider them to think logically when it comes to coins. However, this was a good thing for people who dislike trump, because this token actually stole from people who like trump, so it was good all around.

[WatChe]

Because OP seems to think it's "growing very fast."



I am not sure what advanced math and metrics is OP using, but new ATL is coming every day.

The day when their family gets sued over these projects as well, will hopefully be cleansing day for crypto. Because if even president of US doesn't manage to pump the token by shilling it in his feed, days for forced memecoins like these are hopefully thing in the past.

I don't mean that other harmless meme coins would ever die. Hopefully it's just these.

Certainly no comparison of Bitcoin with any other coin in the crypto market.

If we look at price chart of "The Trump Coin" then it's only going down with every passing week. For long term investment, its a big no to invest in memecoins. It's very important to invest in memecoins and timely exit otherwise your money will be struck. If memecoin named after US President is not able to move up then imagine the fate of other memecoins circulating in the market.

[Alonso_]

Trump coins is a meme  coin, there is no way of comparing them to Bitcoin that is the pioneer and with the highest dominance in the market. Bitcoin is not to evre to Bitcoin. The idea of memcoins being a threat to Bitcoin is being pushed by those who created these memecoins so care should be taken when approaching or investing in them so that hype will not lure them into that bad investment. 

People are just messing themselves up and showing how unaware and uninformed they are by comparing shitcoins to Bitcoin. Aside from those shitcoins not having a good use case, there is nothing there to back them up. The low fee they promise is not everything, and some of them are even merged to a chain like Eth, which is known for high fees.

It is a huge mistake that people are making, when it come to shitcoins and bitcoin, because I’m completely convinced that most people aren’t aware of the difference between bitcoin and shitcoin, well we could also think that shitcoins might also get us into trouble, and I believe some investors also knows this but they want to be ignorant with the reality that bitcoin is far greater than this shitcoin or altcoins, there are shitcoins that have destroyed some people’s lives and have made some people loose a huge amount of money, that you will eventually not be able to get them back, but i have said that bitcoin is more satisfying when you compare it with other cryptocurrencies.

[justdimin]

It is growing very fast. Is it a threat to Bitcoin or can we see it a good initiative that will lead to growth in price of all good coins including Bitcoin also ?

To be fair, what do you expect from Trumpets? They are stupid and that is the reason why they vote for him, so they of course end up losing money on his coin too. In fact, Trump didn't even needed a coin, he could have just opened up a website, have fiat and crypto options, and told people to donate to him, not political campaign donation, I mean personal donation for personal use, and he would have still made tens of millions of people.

As long as you keep seeing people as kings, instead of being there to serve you and the public, you will have bunch of idiots who will love presidents. NEVER love any president, not bush, not Obama, not Biden, not trump, presidents are your servers and do not deserve your love or your money.

[FortuneFollower]

Because OP seems to think it's "growing very fast."



I am not sure what advanced math and metrics is OP using, but new ATL is coming every day.

The day when their family gets sued over these projects as well, will hopefully be cleansing day for crypto. Because if even president of US doesn't manage to pump the token by shilling it in his feed, days for forced memecoins like these are hopefully thing in the past.

I don't mean that other harmless meme coins would ever die. Hopefully it's just these.

Certainly no comparison of Bitcoin with any other coin in the crypto market.

If we look at price chart of "The Trump Coin" then it's only going down with every passing week. For long term investment, its a big no to invest in memecoins. It's very important to invest in memecoins and timely exit otherwise your money will be struck. If memecoin named after US President is not able to move up then imagine the fate of other memecoins circulating in the market.

Their fate is always the same, but people keep pushing levers to see their 0,1 or 1 worth of $ to turn to 100x or more.

It's just like the prediction market - you move in, you believe, and you gain or you get rekt (which is more likely..)

[Shinpako09]

Nah, it will never become a threat to BTC. A memecoin will always be a memecoin, no matter what. Any memecoin that is made, or will be made, by Trump will pump hard but will also go down again once the hype is over. That’s the cycle of memecoins. Even if he makes a coin with utility, we still can’t say it will become a threat, even if it becomes widely accepted, simply because btc is btc.

[bangjoe]

There are no conditions that make Bitcoin threatened by Trump's meme coins, I mean explain the point first what is the threat according to the OP then we can discuss, if it's just a very high price increase in a few hours I think it's not a strange thing for meme coins, we have seen the same thing very often in the crypto currency market since memecoin was introduced too, I know this was last year's post where indeed the hype from the Trump family was very big which shook the crypto market, especially the Solana network, but in my opinion there is no correlation between memes and bitcoin and there is no need to question things that have no basic basis that can be thought of logically to be discussed.

[blockman]

I have never seen that a meme coin became a threat to Bitcoin. Even it's own back is the most powerful president in the world, it won't just be enough. He can influence a bit of it and make people buy that but everyone has learned it expensively that they're just being called to buy it. And later that whoever is behind it is going to dump majority of its holdings which will result into dumping and major losses. So, don't think that an official trump meme or even the melania or whoever it is. They're not a threat to Bitcoin.

[bitgolden]

There was literally a moment in the crypto world where there were trump fans who thought that a memecoin could pose a threat to bitcoin. Imagine the delusion of these people, they are so blinded by their king that they think it could even be possible and believed for a moment that this would be possible.

Let alone be better than bitcoin, even the idea that they bought it because they thought it would go up is funnier than any stand up comedian out there, it was always a scam, even on first day.

[Ultegra134]

I have never seen that a meme coin became a threat to Bitcoin. Even it's own back is the most powerful president in the world, it won't just be enough. He can influence a bit of it and make people buy that but everyone has learned it expensively that they're just being called to buy it. And later that whoever is behind it is going to dump majority of its holdings which will result into dumping and major losses. So, don't think that an official trump meme or even the melania or whoever it is. They're not a threat to Bitcoin.

That's tight. Remind me when a memecoin became a threat to Bitcoin? Right, never. Why is Trump's memecoin any different? Such coins, end especially this one, are a pure gamble, Trump is delusional and unstable, and so is his coin, which is where its so-called investors (more like gamblers) are relying on. One day he announces something and it goes through the roof, the next day he announces something else and it crashes, that's what people are after, extreme volatility in an attempt for quick gains.

[Perfectbaby]

I do not know why people kept comparing Bitcoin to memecoin or shit coin out there, if the Trump coin is pumping you should know that the coin only has power because Trump is currently on seat and after his tenor passes then we may not hear about this coin. What I noticed from this coin is that Trump want to use to recover all that he has missed in cryptocurrency even when he was a hater of bitcoin, and then finally when he realized himself he decided to go make his own memecoin just to make sure he has recover few things that he lost in the industry. Also have in mind that no coin can be compared with bitcoin even though like they should be pumping to whatever they think is possible after the hype all you would see is worthless coin dump on people's wallet or on their exchange account.

[Wakate]

People are just messing themselves up and showing how unaware and uninformed they are by comparing shitcoins to Bitcoin. Aside from those shitcoins not having a good use case, there is nothing there to back them up. The low fee they promise is not everything, and some of them are even merged to a chain like Eth, which is known for high fees.

People comparing shit coin that could crash anytime are aware about the differences but I feel they want to make a huge joke out of the shit coin. Trump coin that was launched few months ago want to compete with Bitcoin that have been in existence for more than 20 years. This must be a joke from op and if it's not a joke then I must assume he lack knowledge about the crypto market

[Abiky]

People comparing shit coin that could crash anytime are aware about the differences but I feel they want to make a huge joke out of the shit coin. Trump coin that was launched few months ago want to compete with Bitcoin that have been in existence for more than 20 years. This must be a joke from op and if it's not a joke then I must assume he lack knowledge about the crypto market

The OP is just being sarcastic. I mean, it's obvious no "meme" coin can replace or become a threat to Bitcoin. Especially if the coin has an "infinite" supply. Besides the tech and liquidity of a coin, we need to consider its use cases. And so far, none of these "shitcoins" have use cases compared to Bitcoin. They're mostly speculative, driven by hype. You can bet that once Donald Trump's term ends in Jan 2029, the Trump "meme" coin will go all the way down the drain in an instant. Same goes for his little "pet project", World Liberty Financial (WLFI).

In the end, only Bitcoin and a handful of cryptocurrencies will survive while the rest will become history. No one will care about the TRUMP coin, BNB, or whatever as long as profits are made before they fade away into oblivion. It's all about money these days. Just my two sats.

[Bd officer]

OP Have you seen the current price of trump coins? In fact all memecoins are similar, with prices going up in the beginning and prices going down later, for example you see the history of TRUMP coins. So comparing Memecoin with Bitcoin is nothing but foolishness. And such memecoins can never lower or increase the price of Bitcoin, rather when the price of Bitcoin increases, the price of other altcoins increases and when the price of Bitcoin decreases, the price of other altcoins starts to decrease. There was no currency like Bitcoin in the past and there will be no alternative to Bitcoin in the future.

[blockman]

I have never seen that a meme coin became a threat to Bitcoin. Even it's own back is the most powerful president in the world, it won't just be enough. He can influence a bit of it and make people buy that but everyone has learned it expensively that they're just being called to buy it. And later that whoever is behind it is going to dump majority of its holdings which will result into dumping and major losses. So, don't think that an official trump meme or even the melania or whoever it is. They're not a threat to Bitcoin.

That's tight. Remind me when a memecoin became a threat to Bitcoin? Right, never. Why is Trump's memecoin any different? Such coins, end especially this one, are a pure gamble, Trump is delusional and unstable, and so is his coin, which is where its so-called investors (more like gamblers) are relying on. One day he announces something and it goes through the roof, the next day he announces something else and it crashes, that's what people are after, extreme volatility in an attempt for quick gains.

Mr. Wonderful also said that "poo poo" coins are never coming back and they're dead. While he's right on that, some notable ones are remaining like Dogecoin and Shiba. But almost all of it are totally dead. They can no longer rely on these memecoins and whoever thinks that a Trump meme coin is a threat to Bitcoin is sure a big fan of Donald because they've come to that point thinking that it's like that. But no way, it will never be a threat and whoever invests on it will just get a lot of load of losses if they do.

[Odusko]

OP Have you seen the current price of trump coins? In fact all memecoins are similar, with prices going up in the beginning and prices going down later, for example you see the history of TRUMP coins. So comparing Memecoin with Bitcoin is nothing but foolishness. And such memecoins can never lower or increase the price of Bitcoin, rather when the price of Bitcoin increases, the price of other altcoins increases and when the price of Bitcoin decreases, the price of other altcoins starts to decrease. There was no currency like Bitcoin in the past and there will be no alternative to Bitcoin in the future.

This thread stands as a remembrance of the famous memecoins in the name of an elected president who eventually failed along the line, alot of speculations was around the coin when it was launched almost a year plus now but still it has always ended in disappointing ending for those that invested in the trump and Milena shift coins.