Re: bitcoin
Posted: Thu Sep 19, 2024 10:58 pm
Yesterday, prior to going on Gutfeld, DJT visited a bar/restaurant and paid everyone's tab with Bitcoin
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Re: bitcoin
Posted: Fri Sep 20, 2024 4:51 am
Trump has become more accepting of crypto of late, probably to support his latest venture, World Liberty Financial. Another scam for the gullible I'm sure. Trump and crypto were made for each other
Re: bitcoin
Posted: Fri Oct 11, 2024 6:20 pm
You can use the price of DJT as a proxy for the likelihood of Trump winning the election. It hit a low of $12.15 on September 23rd and has been climbing ever since.
Re: bitcoin
Posted: Mon Oct 14, 2024 3:19 pm
UPDATE5thhorseman wrote: ↑Thu Sep 19, 2024 10:55 pm DJT hitting a 52-week low today, just as the lockup expires allowing Trump to sell his shares.
https://www.foxbusiness.com/politics/tr ... -odds-rise
Hopefully you bought low Horsey...Trump's social media company stock surges as former president takes lead over Harris in betting markets
Shares of Trump Media and Technology Group have made a roaring comeback over the past month, surging as former President Donald Trump, the majority shareholder, took a commanding lead over Vice President Kamala Harris in the betting markets' 2024 election odds.
Trump Media, the parent company of Trump's social media platform, Truth Social, saw its value balloon to nearly $10 billion following its stock market listing in March. The stock is popular among retail traders and is seen as a speculative bet on his chances of securing a second four-year term as president.
On crypto-based prediction market PolyMarket, traders have seen Trump as more competitive over the past few months and showed the two candidates in a dead heat at the start of October, but Trump has since pulled away with a lead. As of Monday, PolyMarket bettors gave Trump a 54% chance of winning, and only a 46% chance for Harris.
Re: bitcoin
Posted: Mon Oct 14, 2024 7:02 pm
I know you're kidding, but DJT is a stock I would never own. Trump owns 60% of the company and is known for screwing people over.
Anyways, I think up a lot of this is due to a short squeeze precipitated by polling numbers.
Re: bitcoin
Posted: Mon Oct 14, 2024 7:44 pm
Since the whole stock is a scam, like most trump ventures, I would guess that a lot of 'investing' is just another way to funnel money to Doc's orange hero. Win or lose, he'll cash out soon enough, and everyone else will be left with nothing when the stock tanks.5thhorseman wrote: ↑Mon Oct 14, 2024 7:02 pmI know you're kidding, but DJT is a stock I would never own. Trump owns 60% of the company and is known for screwing people over.
Anyways, I think up a lot of this is due to a short squeeze precipitated by polling numbers.
Re: bitcoin
Posted: Mon Oct 14, 2024 7:53 pm
I'm just wondering why every thread has to be murdrered by US politics ( by three guys that never go there) or religion.
I'm thinking hard about locking down a few K and maybe make a couple bucks. I come here to see what people think of bitcoin and some of the cryptos.. But it's more Trump and other crap here. I'm sure some faggot will bring up Benning and sewer another thread.
Keep on keeping on.
I'm thinking hard about locking down a few K and maybe make a couple bucks. I come here to see what people think of bitcoin and some of the cryptos.. But it's more Trump and other crap here. I'm sure some faggot will bring up Benning and sewer another thread.
Keep on keeping on.
Re: bitcoin
Posted: Mon Oct 14, 2024 7:56 pm
I don't think it's quite that volatile Corny but I see you working.Cornuck wrote: ↑Mon Oct 14, 2024 7:44 pmSince the whole stock is a scam, like most trump ventures, I would guess that a lot of 'investing' is just another way to funnel money to Doc's orange hero. Win or lose, he'll cash out soon enough, and everyone else will be left with nothing when the stock tanks.5thhorseman wrote: ↑Mon Oct 14, 2024 7:02 pmI know you're kidding, but DJT is a stock I would never own. Trump owns 60% of the company and is known for screwing people over.
Anyways, I think up a lot of this is due to a short squeeze precipitated by polling numbers.
Re: bitcoin
Posted: Mon Oct 14, 2024 8:11 pm
I don't think it's a scam. It's an actual business that is just outrageously overpriced (considering current annual revenue). Truth Social has very little traffic and is highly unlikely to generate any revenue on its own merits, so the inflated stock price is really based on expectations that certain entities will funnel money to Trump via purchases of" advertising" in exchange for presidential favors. You can already do this through his hotels and golf clubs, but the potential sums here are much larger. As a bonus he would be able to look more presidential by not selling Bibles, sneakers, watches, and other paraphernalia.Cornuck wrote: ↑Mon Oct 14, 2024 7:44 pmSince the whole stock is a scam, like most trump ventures, I would guess that a lot of 'investing' is just another way to funnel money to Doc's orange hero. Win or lose, he'll cash out soon enough, and everyone else will be left with nothing when the stock tanks.5thhorseman wrote: ↑Mon Oct 14, 2024 7:02 pmI know you're kidding, but DJT is a stock I would never own. Trump owns 60% of the company and is known for screwing people over.
Anyways, I think up a lot of this is due to a short squeeze precipitated by polling numbers.
Also Trump can't really cash out as his stake is too large and it would tank the stock before he could sell very much.
Re: bitcoin
Posted: Mon Oct 14, 2024 8:13 pm
If you don't understand it yourself and can estimate it's true value, it's just gambling.Blob Mckenzie wrote: ↑Mon Oct 14, 2024 7:53 pm I come here to see what people think of bitcoin and some of the cryptos.
Follow Buffet's advice and invest in a low-cost index fund.
Re: bitcoin
Posted: Mon Oct 14, 2024 8:21 pm
While on the topic of scams, there is an interesting article on gizmodo about a a massive amount of scamming on Truth Social.
If true, Trumps voter base are an easily conned group.
(Am I doing it right, Doc?)
https://gizmodo.com/truth-social-users- ... 2000506604
If true, Trumps voter base are an easily conned group.
(Am I doing it right, Doc?)
https://gizmodo.com/truth-social-users- ... 2000506604
Re: bitcoin
Posted: Tue Oct 15, 2024 2:51 pm
Talk about a "self-fulfilling prophecy"!Blob Mckenzie wrote: ↑Mon Oct 14, 2024 7:53 pm I'm sure some faggot will bring up Benning and sewer another thread.
Re: bitcoin
Posted: Tue Oct 15, 2024 2:52 pm
Of course you are! You invented rumourmongering!