Ninjastic
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Board Announcements (Altcoins)
Re: **TRUMP COIN**PRESIDENTIAL CAMPAIGN COIN. YES! WE WILL SECURE HIS ENDORSEMENT!!!
by
KM94
on 25/06/2016, 16:06:33 UTC
Quote from: DreadLordColi on June 25, 2016, 07:04:55 AM
Quote from: Depredation on June 25, 2016, 02:51:21 AM
Quote from: chicken65 on June 25, 2016, 02:45:03 AM


Trump will have no problem with investors making some money, but hes going to have a problem with a 200k fund from a supply of 6.5 million. He’s not stupid, look at it from his point of view.
Imagine you spoke with Trump and explained the situation. He’s interested and then he asks how many coins are in the Trump Fund - 200k Mr Trump  Undecided what would you say? He would of course
reject that straight away. He would expect instant negotiation and far more coins than 200k - not for greed, but for how it appears politically. We have to make this look far more appealing. We are
a peoples Superpac, so we have to approach it like that.

This is 100% speculation.

From his point of view his campaign would be receiving the liquidation proceeds of 200,000 Trumpcoins * X with X = the market value of Trumpcoin at the time.
If the coin reaches $2, that's a pretty sizable chunk of money from a group and technology he truly knows very little (possibly zero) about. It's absurd to assume he or his team will download a wallet, manage his coins and use c-cex to navigate the trading scene and liquid his coins to btc, then liquidate his btc to USD. It's NOT absurd that a SuperPAC of Trump's choosing would accept a check for $400,000 on behalf of the Trumpcoin project. Now imagine $5 a coin..$10?

The fact that the "sell off" of the 200k would be a manageable amount (compared to the total amount of coins) would ensure that the coins value would not be crippled and would recover. Trumpcoins value could survive a few hundred thousand coins being liquidated (whales have dumped before and Trumpcoin survived).
This allows the coin to reach a certain valuation -> the Trumpfund is liquidated to btc -> then to USD -> then donated to a SuperPAC* of Donald's choosing. -> The 200k coins are now back in circulation, since they were sold on an exchange. We now, as a group begin donating Trumpcoins back to the campaign funding wallet until it reaches 200k again. With our new wallet of campaign Trumpcoins we can wait until the value of the coin reaches BACK to an acceptable level again and repeat the whole process again, as many times as needed - this allows the coin to exist forever as a campaign funding tool while still gaining value and existing forever. Once Trump takes office, we can use the PAC to raise money for Trump endorsed politicial campaigns, charity's that Trump supports or help back Trump-inspired start-ups or or what-have-you.

I don't disagree that we can improve on 200k, but I wouldn't go overboard or you could kill the longevity of the coin and the incentive for new adapters to join us (volume is already by far our largest concern).

*I believe a donation this size will need to be given to a superpac

You guys do realize that there is a limit on donations right? Only a superpac can donate more than $2,700 if I remember correctly. I don't know how this would be looked upon by the campaign.