Hacker News new | ask | show | jobs
by PlunderBunny 153 days ago
But it’s not “hundreds of thousands of dollars” is it? It’s meme-coins that are supposedly worth that much. Is there a to getting any significant amount of (real) money out of them?
2 comments

https://bags.fm/ - learned of this site this morning, and you can see the creators that are tagged to their royalties. It does seem that some of them are achieving quite high numbers here. They seem to be actively participating in the advertising.

My repository was tagged in this morning, and I did nothing. Now I have a wallet with 4,000 some crypto in it.

Lets see how many of them can actually withdraw the full amount.

If that turns out to be possible, then this might not be a complete scam.

Or it still might be, pyramid scheme wise. ie first few can withdraw, then no-one else gets to. :(

The creator and the grifters do a rug pull against the general public, right? That's the scam.

There could even be a warning to sell at the optimal time, for the celebrity…

Well, I'm a creator and I now have a $4,000 crypto wallet. I did not "pump it" at all. I literally woke up to messages saying, "Hey, you just need to go tie your Twitter account," and I did, and boom.

If the business model is charity for open-source creators, then I guess it does work.

It's not entirely fair to say, though, that the creators are the ones participating in the pump. At least, not initially.

I'm not giving investment advise, but I'd convert to real dollars immateriality after I get any crypto.

Not that the dollar is any good but crypto is worse.

Have you tried withdrawing money yet? :)
"On the contrary, every Bison Dollar will be worth five British pounds. That is the exchange rate that the Bank of England will implement after I kidnap their queen."
I have some bad news...