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Bucky

(55,334 posts)

17. I had the same suspicions about cryptocurrencies

Reply to edhopper (Original post)

Sat Apr 20, 2024, 09:03 AM

Apr 2024

It's just a big Ponzi scheme. It's money chasing money with no baseline economic product or added value. It's just selling it off to the next sucker for more than you got took for.

So it grinds up and bounces down over and over. If you invest, and you really should, just avoid sketchy securities.

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Meanwhile DJT stock has risen 50% in the last 3 days [View all] edhopper Apr 2024 OP

Dead cat bounce? CanonRay Apr 2024 #1

They are expanding into cable TV. FalloutShelter Apr 2024 #2

I explained this in an earlier OP. WarGamer Apr 2024 #3

I thought that edhopper Apr 2024 #4

Don't forget, the ticker name is new but it's been traded for a couple years. WarGamer Apr 2024 #6

Who has the majority of shares of DJT stock? Emile Apr 2024 #15

It's basically being pumped and dumped. Oneironaut Apr 2024 #5

And then rinse and repeat WarGamer Apr 2024 #7

Before leaping to "we know they would", start out with "why would they"? brooklynite Apr 2024 #8

50% rises on no news edhopper Apr 2024 #9

Opened at $18.45. Closed at $17.01. brooklynite Apr 2024 #10

?? It went from 33-36 today WarGamer Apr 2024 #11

People keep looking at the other DJT... Hugin Apr 2024 #16

Huh, there haven't been 1,000 posts about it. TwilightZone Apr 2024 #12

Probably more MAGA suckers destroying their retirements. Demsrule86 Apr 2024 #13

Yea, as always when you are dealing with Trump, Karma13612 Apr 2024 #14

I had the same suspicions about cryptocurrencies Bucky Apr 2024 #17

How man shares does he own? Polybius Apr 2024 #18

78 million edhopper Apr 2024 #19

Hmm, $36.38 at the moment Polybius Apr 2024 #20

I am hoping it is at $1 a share edhopper Apr 2024 #21