Flying Squid@lemmy.world to News@lemmy.world · 2 months agoMore Than 800K Have Lost $2B on Trump’s Meme Coinwww.thedailybeast.comexternal-linkmessage-square72fedilinkarrow-up1441arrow-down18cross-posted to: [email protected]
arrow-up1433arrow-down1external-linkMore Than 800K Have Lost $2B on Trump’s Meme Coinwww.thedailybeast.comFlying Squid@lemmy.world to News@lemmy.world · 2 months agomessage-square72fedilinkcross-posted to: [email protected]
minus-squaretreadful@lemmy.ziplinkfedilinkEnglisharrow-up8·2 months agoThe pump would be the bribe and the dump is them cashing out. Same thing with a bunch of suckers floating the value.
minus-squareVoroxpetelinkfedilinkarrow-up1·2 months agoYeah, the bribe theory actually doesn’t work unless it’s also a pump and dump, otherwise there’s no way for Trump to extract value from the bribes.
It can easily be both.
The pump would be the bribe and the dump is them cashing out. Same thing with a bunch of suckers floating the value.
Yeah, the bribe theory actually doesn’t work unless it’s also a pump and dump, otherwise there’s no way for Trump to extract value from the bribes.