Live data from Hacker News

590k buyers paid $59M for Trump's gold phone, but not one has shipped

finance.yahoo.com

51–60 of 122 posts

Re: 590k buyers paid $59M for Trump's gold phone, but not one has shipped

#51
post #25
post #2

It's amazing what Trump can continue to get away with and still have many followers.

I mean, Elon Musk can get away with selling FSD capability and not delivering it.

While I agree in principle, at least Tesla has delivered something pretty impressive. FSD is not really something I am personally interested in, but I cannot deny that it has gotten quite good. Better than any other system being offered, certainly. Waymo is better, but you cannot buy your own Waymo.

Re: 590k buyers paid $59M for Trump's gold phone, but not one has shipped

#52

It used to be that the thought process of receiving a portion of sale money before delivering any product allowed the company to pay suppliers and keep afloat as they drove towards the finish line of delivery. Now it seems the grifting-meta is to make promises around a product with no plans on delivering it, take in pre-order money, and then just park it in an investment account to grow during a bull market. By the t…

[flagged]

Why did he want an all-white audience? You lost me there.

Re: 590k buyers paid $59M for Trump's gold phone, but not one has shipped

#53
post #2

It's amazing what Trump can continue to get away with and still have many followers.

Yet another phenomenon that scholars will be studying years from now.

For better or worse, it will be interesting to see to what extent his faithful are willing to transfer their loyalty to whoever comes next. I am not seeing any signs of that happening yet. I mostly expect that Trump will maintain an iron grip on loyalty up until the day he drops dead, and then there will be a free-for-all fight for his followers. I do not think Trump can [or will] bless a successor and transfer the reigns.

Re: 590k buyers paid $59M for Trump's gold phone, but not one has shipped

#54

Earlier quoted context omitted.

Only in a libertarian society. Education wasn't enforced to a big part of our society and it shows.

There's nothing libertarian about MAGA. It's all about using the immense power of government to hurt the right people, and seizing every opportunity to grow and expand that power with that same goal in mind.

There's also nothing particularly libertarian about the failures of American education. Like, what, government isn't involved?

Re: 590k buyers paid $59M for Trump's gold phone, but not one has shipped

#56

Wow. That's a lot buyers. You likely know some of them.

I don't know any. Maybe I just have a better social circle than most. Or maybe this is a fake number. There are not as many people preordering this clearly fake device, instead this is just another way to launder money.

Re: 590k buyers paid $59M for Trump's gold phone, but not one has shipped

#57

It used to be that the thought process of receiving a portion of sale money before delivering any product allowed the company to pay suppliers and keep afloat as they drove towards the finish line of delivery. Now it seems the grifting-meta is to make promises around a product with no plans on delivering it, take in pre-order money, and then just park it in an investment account to grow during a bull market. By the t…

[flagged]

>Michael Jackson did this with concert tickets, sort of. You had to pay hundreds of dollars for the chance to buy a ticket to his mega tour, to be refunded if you didn't manage to get one. People send their money in and have to wait like three months to find out if they managed to get one. Meanwhile, he's making money by the dump truck on the interest from all this.

This doesn't pass the sniff test. If we assume that "hundreds of dollars" is $500, and the risk free rate is 5%, and they hold it for 3 months, then you get $6.25 per victim. Hardly a huge sum. If you factor in credit card processing fees, they might even be losing money on it.

Re: 590k buyers paid $59M for Trump's gold phone, but not one has shipped

#58
post #28

Earlier quoted context omitted.

This is exactly it, I see it in my family members. They are willing to sacrifice so much money and, well, everything to the "cause." It's a cult, and it's deranged. These sorts of scams go on continually in email lists, and vulnerable people just hand over their hard-earned money fist over fist. Pointing out what's going on makes the family member hate whoever points out the con, rather than the con man. If anything,…

What's the cause exactly? Make America a white evangelical "paradise"?

It's an appeal to restore the country to some form of nostalgic view of it.

https://www.npr.org/2016/06/07/481137357/the-fractured-repub...

    The fact that Americans are politically divided is self-evident from recent elections. But just how we are divided and why it's proved so hard to get past our differences are questions that admit to many answers. And here's an interesting one from the conservative political theorist Yuval Levin. He says, American liberals and conservatives are both inspired by nostalgia from mid-20th-century America, and they are mired in hopeless efforts to go back rather than focus on the future.

    ...

    The striking thing about the baby boomer's cultural dominance over our country for so long is that we view our own past through their eyes. Our idea of the '50s is this kind of simplistic, childish notion of simple families and everything is possible. We see the '60s as a teenager - idealistic, rebellious. In the '70s, we're somewhat maturing, becoming a little cynical. By the '80s we're settled down. In the '90s everything is great. And now, in this century, it seems like we might be over the hill as a country.
People think/believe/hope that returning the country to the situation that they perceived that the boomers had when they were growing up without care (because the boomers hadn't yet reached adulthood) would bring back that lifestyle today. ... without having all of the other parts of the social contract between government and the populace in place. People still think that boomers had it best (and maybe they did) and want that lifestyle too.

Re: 590k buyers paid $59M for Trump's gold phone, but not one has shipped

#60
Assuming this was not a scam from the beginning. I just think they got more orders than they expected. This seems to be a reskinned HTC U24 Pro (I think earlier Images and specs were advertising another phone). Also seems to have changed from "produced in the USA" to "Designed with American values in mind" & "With American teams helping guide design and quality" according to their website. At best this is bait and switch (assuming they deliver anything) but I can understand people calling this a scam.
Post reply on HN