Molly WhiteEric Trump plainly admits that his father’s Sunday social media post about the “crypto strategic reserve” was intended to manipulate the crypto markets
Fiona Bianchi@molly0xfff the value of all currency is artificial, crypto even more so. I’m beginning to wonder if all the markets are just some completely artificial shared delusion/hallucination. An Apple share pays around $0.35 dividend a quarter (I think, I held 2 until recently) so say $1.40 per year … so why is each share worth $239 dollars? You’d have to own said share for 170 years to make your money back (maybe half that based on inflation). I clearly don’t understand economics or markets but in the current climate it seems that real value rests more in real things that something artificial that a bunch of rich thugs can manipulate
Matt Palmer@fionasboots that's why "line goes up" is the critical job of the stonk market. Nobody expects to make money *owning* stock, it's all about trading.