• TommySoda@lemmy.world
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    3 days ago

    All I’m gonna say is that with the large number of pump and dump crypto schemes that have happened over the years, if you’re still falling for it I have no sympathy for you. Everyone thinks they’re gonna be the one to cash out and leave everyone behind whereas most everyone are the ones being left behind.

      • jonne@infosec.pub
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        2 days ago

        It’s both. Eventually the value will drop to 0 once Trump is out of office, but in the meantime he’ll just use it in the same way the Trump hotel was used in the previous admin.

          • jonne@infosec.pub
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            2 days ago

            Yeah, they’re selling off initially, but Trump controls 80% of the currency, so they’ll pump and dump it continuously over his presidency. All he needs to do is post some ridiculous thing about making the treasury buy some or whatever and it’ll bump right back up again.