this post was submitted on 25 Sep 2025
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For the first time, US residents can now invest in memecoins through traditional brokerages. Trading will only get stranger from here.

top 31 comments
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[–] sem@lemmy.blahaj.zone 2 points 1 day ago

Stonk Market

[–] Nightlight17776@lemmy.ca 88 points 4 days ago (2 children)

I miss when doge was just a cute memecoin and not a government agency

[–] magic_lobster_party@fedia.io 91 points 4 days ago (2 children)

I miss when Dogecoin was just a satire of cryptocurrencies.

[–] db2@lemmy.world 6 points 4 days ago

I miss when they were 13 cents each and everyone involved dgaf and still had fun.

Then fElon happened.

[–] NewNewAugustEast@lemmy.zip 4 points 4 days ago (2 children)

I miss when the satire became a possibility of a real currency. Of all the crypto, Dogecoin proved that there is no point in trying.

Low cost, fairly stable, cheap to send a receive, a ton of clients and places to spend it. I never bought any, but I traded for plenty, and bought many things with it. I never worried about it becoming valuable, so I did not hoard it. I never worried about it becoming worthless either because the inflation rate was constantly shrinking.

But the complaint was always the same: how will I get rich with this?

Which proved that crypto is garbage and a ponzi or pyramid scheme.

[–] echodot@feddit.uk 3 points 4 days ago

My brother-in-law is big into crypto, I've had the same arguement with him so many times I've lost count. Investment requires that you invest in something that has value that will actually increase, and other than the crypto bros no one's buying into cryptocurrencies so the value isn't going to increase.

Anyway he's rich, so I suppose it doesn't really matter but it's such a waste of money. Like if you want to invest get into stocks and shares at least they actually do increase in value.

[–] prole@lemmy.blahaj.zone 1 points 3 days ago (1 children)

I'm not an expert on DOGE, but I imagine it's not very secure.

[–] NewNewAugustEast@lemmy.zip 2 points 3 days ago* (last edited 3 days ago)

It is secure. It is your wallet, your keys. The security is you don't store in on someone elses server just like people should do with any crytpo. Never on an exchange.

It is built from litecoin, which is a fork of bitcoin.

I miss sponsoring Jamaican bobsled team and NASCAR (Josh Wise). We also sponsored building a well in Kenya, for access to water (Doge4Water). DOGE used to be a force of good before it was hijacked by Muskrat and that orange piece of shit.

[–] Ghostalmedia@lemmy.world 56 points 4 days ago (2 children)

Trump is turning the US into a giant a casino, and he’s the pit boss.

[–] paraphrand@lemmy.world 70 points 4 days ago

And his casinos lose money 😞.

[–] resipsaloquitur@lemmy.world 28 points 4 days ago (1 children)
[–] echodot@feddit.uk 3 points 4 days ago

At least Biff had some idea of what he was doing. Cause and effect are not really concepts that Trump is familiar with.

[–] desmosthenes@lemmy.world 19 points 4 days ago

fall of democracy; thanks crypto ai bros

[–] verdi@feddit.org 6 points 3 days ago

In case everyone is sleeping let me break this down for you:

Both crypto and modern private equity are ponzi schemes. With leverage to hold on crypto and leverage on leverage to own on private equity, both industries have been a bag throwing game between investors, with managers cashing in on every trade for close to a decade. Now, the industry is cooling down, they ran out of idiot fund managers to scam into participating in their ponzi scheme so they either let the bubble burst or they find new idiots to be left holding the bag when they cash out before the catastrophe. We're a the find new idiots phase, with the new regulatory freedom sponsored by the pedophile in chief, all of these scammers are now turning to even lower sofistication investors to buy in their ponzi scheme so they can cash out before the shit hits the fan. Case in point, new age app brokers now advertising investment in the "private markets" as a new product. I see another wealth transfer wave from the lower and middle class to the 1% happening within 2 to 3 years. It's going to be the reason we get Nazis again in power in the civilized world.

[–] dhork@lemmy.world 18 points 4 days ago

Sweet! If this pumps my Dogecoin to $69 I can retire

[–] fartographer@lemmy.world 12 points 4 days ago (2 children)

FINALLY! I recently started understanding more about stocks and investing, and what Memecoins are going to bring to the table is the removal of things making sense.

[–] echodot@feddit.uk 5 points 4 days ago

To be fair yuppies and crypto bros are basically the same people. The stock market was only ever marginally less stupid. It's only saving grace was it was somewhat regulated, albeit with a fair amount of corruption.

[–] MonkderVierte@lemmy.zip 2 points 3 days ago* (last edited 3 days ago)

Look. Human is a smart ape, not a logical decision machine.
And understanding topics indepth is exhausting and needs time, so a lot of influential or rich people make decisions based on mood or half-truths. Because of which, a lot more less important or rich people do the same (because ape brain thinks of such people as more trustworthy).
Which is why things like Hypes happen, and in stock market too.

So in short, it never made really sense. It's all Hype.

[–] Imgonnatrythis@sh.itjust.works 12 points 4 days ago (2 children)

I wonder what happens when you stack shit on top of poop?

[–] zarathustrad@lemmy.world 4 points 4 days ago

Not certain about shit and poop, but according to the song:

You take some fuck then some shit

Then some fuck then some shit

You've got a fuck-shit stack

A fuck-shit stack

You take some fuck then some shit

Then some fuck then some shit

You've got a fuck-shit stack

A fuck-shit stack

[–] fartographer@lemmy.world 4 points 4 days ago

Are you watching me right now?

[–] MonkderVierte@lemmy.zip 3 points 3 days ago

Wasn't memecoin supposed to be a joke currency? This fits, because the stock market is fueled by hype only.

oh the stock market i know all about the stock market

"homer simpson wearing a suit and a top hat does a chorus line with a bunch of women with $ hats"

[–] UltraGiGaGigantic@lemmy.ml 1 points 3 days ago

Reindeer games