"The day before Trump paused tariffs and sent the S&P up 9.5%, his investment accounts bought 327 stocks worth up to $12.8 million. The penalty was $200"
"Parking tickets cost more than that"
"Knowing it was wrong, they didn't want to disclose it, and took the whopping $200 penalty as a result. Absolutely astounding"
In retrospect, all the hype about the US govt bitcoin strategic reserve turns out to have just been kayfabe to launch memecoin scams & sell pardons for shitcoins.
Saylor is pulling bitcoin:native down with his company. The sooner this whole "Digital Credit" thing disappears the sooner Bitcoin can rally again. I don't make the rules.
In the first year of his presidency, Trump made more money than in the rest of his life combined.
A total of $2.2 billion from the presidency.
Meanwhile, most Americans worked hard to just break even.
This is the cost of corruption.
https://t.co/isHrlo9Dsl
Trump never cared about crypto. Every promise, every headline, was ultimately just a way to get elected and enrich himself and his family.
Between $TRUMP, $MELANIA, $WLFI, and his NFTs, he extracted over $1B (not to mention what his inner circle made). Meanwhile, retail was sold the idea that this would be the most pro-crypto administration in history.
This is the reason why we are where we are today, and the worst part is, we fell for it.
@MerlijnTrader I don't think there's much doubt about the next candle being green - the problem is figuring out where the bottom of the next candle will be... 58k? Or 40k? Big difference...
@GlitchCapital Gotta look at the positives sir - you're likely fairly young, healthy, capable of working and people are prepared to pay you to work - that's not nothing, as trivial as all of those things may seem to you, they are other people's end goal / dream - chin up and one day at a time
82% of Bitcoin is in cold storage - the dollar price is being negotiated with no supply/demand dynamics just manipulation via unregulated derivatives.
Centralized crypto exchanges are beyond corrupt. Nobody is selling the asset except the exchange to themselves through wash trading.