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at a certain point the price of #TRUMP starts to become a political liability...
update: the collapse of the price of #TrumpCoin appears to be accelerating...
because of the delay in making #TRUMP available to their users (Chinese exchanges listed TRUMP first) literally everyone who bought #TrumpCoin on #Coinbase or #RobinHood has now lost money.
I'll drink to that!
uspol Trumpcoin
@cryptadamist@universeodon.com
isn't this just a chart of merit? isn't that how it works for these people? the graphs measure inherent value and the market correctly gauges worth. it's not possible for the market value to be wrong.
@cryptadamist Or, I wonder if the way to think of this is that those "money-losers" just transferred money to Trump, and there is a an agreement about how those funds will be used. Almost as if money laundering.
@jab01701mid they probably transferred most of the money to #JustinSun who preemptively paid Trump ~$50 million for the privilege of looting the #MAGAts (but anything is possible).
@cryptadamist Looks like he doesn't even care enough about his suckers - sorry, supporters - to prop up the price with some wash trading. SAD.
@Grouchybeast they've (probably #JustinSun) been propping up the price of #TRUMP with wash trading the whole time. real question is why did they decide to stop?
