Current Events > Trump's NFT Collection Crashes Over 50% After 12-Hour Selloff Frenzy

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Bishop9800
12/19/22 1:15:10 PM
#1:


https://www.msn.com/en-us/tv/news/donald-trump-s-nft-collection-crashes-over-50-after-12-hour-selloff-frenzy/ar-AA15qWot?li=BBnb2gh

LOL

You just love to see this!!!

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Autocraticus
12/19/22 1:20:17 PM
#2:


I mean, he got his.
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WrkHrdPlayHrdr
12/19/22 1:21:31 PM
#3:


They started at $99
On Saturday they were as high as $1182
By Sunday morning they were down to $390

I mean, they are down from their high, but they are still worth about 4X the initial purchase price.

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Giant_Aspirin
12/19/22 1:21:45 PM
#4:


Autocraticus posted...
I mean, he got his.

I believe the company that created the NFTs gets a cut every time they are re-sold. and that company shares an address with one of Trump's golf clubs or something like that.

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Dat_Cracka_Jax
12/19/22 1:22:07 PM
#5:


WrkHrdPlayHrdr posted...
They started at $99
On Saturday they were as high as $1182
Why?

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WrkHrdPlayHrdr
12/19/22 1:23:01 PM
#6:


Dat_Cracka_Jax posted...
Why?

Idiots buying/selling them. I'm not trying to stand up for them or anything.

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#7
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David1988
12/19/22 1:25:04 PM
#8:


Buy the dip!

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thronedfire2
12/19/22 1:29:33 PM
#9:


Dat_Cracka_Jax posted...
Why?

Im guessing a bunch of people bought them just to resell for a profit which is why the price dropped so much the next day

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HylianFox
12/19/22 1:32:24 PM
#10:


The fact that Trump even got $1 from this NFT scam makes me wretch

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ScazarMeltex
12/19/22 1:37:21 PM
#11:


Almost like NFTs are nothing but a giant fucking grift.

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-Unowninator-
12/19/22 1:39:11 PM
#12:


So basically... he's making more money? Ughh.

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#13
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Lost_All_Senses
12/19/22 4:17:12 PM
#14:


Does Trump help us?

He takes money from people who could spend it on members of congress that will do more damage but instead goes to a selfish manbaby that will waste it on dumb shit. Isn't that a net gain as long as he doesn't becone President again?

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Bishop9800
12/19/22 4:27:25 PM
#15:


Lost_All_Senses posted...
Does Trump help us?


I think you know the answer to this question


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ZevLoveDOOM
12/19/22 4:28:16 PM
#16:


you cant make this shit up... lmao
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ZevLoveDOOM
12/19/22 4:29:03 PM
#17:


but for real, of you accept to waste money on a Trump NFT, you're bringing this on to yourself.
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Foppe
12/19/22 4:36:51 PM
#18:


He also gets a commission fee every time they are resold.

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Lost_All_Senses
12/19/22 4:41:23 PM
#19:


Bishop9800 posted...
I think you know the answer to this question

I mean, when you take away the nuance of any deeper conversation and make it overall and pretend that's what I was talking about ...yeah, I know the answer to that one. It's the easy one. I was trying to do the orange colored question. No wordplay. It's just cause the orange difficulty in those games with the trivia and....eh forget it

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GuerrillaSoldier
12/19/22 5:23:22 PM
#20:


Foppe posted...
He also gets a commission fee every time they are resold.
this. which is the real reason people make NFTs at all.
basically, whether it goes up and down doesn't matter, if it moves at all he gets paid

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