There have been multiple accounts created with the sole purpose of posting advertisement posts or replies containing unsolicited advertising.

Accounts which solely post advertisements, or persistently post them may be terminated.

hddsx ,

Putting aside any feeling you may have for or against Trump, WTF does TMTG do? From what I can tell, it runs Truth Social and is planning to launch a streaming service.

I did some quick googling and Truth Social appears to be a mastodon instance with a non-default backend that is free to use with 600k active monthly users.

Facebook alone (not including other META products) has 2.9 billion active monthly users.

What’s so valuable about it? Sure, they are probably running ads. But why would someone advertise on Truth Social over Facebook? Is the conversion rate somehow better on truth social?

athairmor ,

It’s not valued based on any normal metric. It’s pure meme, speculation, cult and money laundering.

I doubt many investors even look at conversion rates.

Bishma ,
@Bishma@discuss.tchncs.de avatar

Everybody be on guard. That uncle is about to hit you up for money after they put all of their non-Trump NFT money into DJT stock.

Enkers ,

I wonder if that’s because most of its value is predicated on him being able to gain an unfair advantage due to his potential position in office.

If so, then this is probably a more accurate indicator of his chances in the election than any pollsters.

LEDZeppelin ,

Russian money will be coming in at any moment

hddsx ,

What do you mean by that?

OhStopYellingAtMe ,
@OhStopYellingAtMe@lemmy.world avatar

https://lemmy.world/pictrs/image/a80dd080-03c5-413e-83ab-94849153500e.gif

edgemaster72 ,
@edgemaster72@lemmy.world avatar

Line must go down

RagingSnarkasm ,

Sounds over-priced.

UnderpantsWeevil , (edited )
@UnderpantsWeevil@lemmy.world avatar

People are treating the “dump” part of a “Pump and Dump” like it’s some kind of a vindication, when suckers were already fully fleeced back at its $7B market cap peak.

It’s a Mastodon instance with a few thousand users trading at $16/share. Absolutely insane that anyone was buying this garbage at any price.

RagingSnarkasm ,

Absolutely insane that anyone was buying this garbage at any price.

That bribery money wasn’t going to launder itself.

grue ,

It matters because Trump becomes free to sell his shares on September 19 (a week from today). I, for one, am hoping that the price goes to $0 and it gets delisted by then!

tal , (edited )
@tal@lemmy.today avatar

John Rekenthaler, vice president of research at Morningstar (MORN+0.470%), previously called DJT an “affinity stock” — one that trades on people’s feelings and perceptions of the former president, rather than its business performance. Rekenthaler warned that Trump Media stock would “go to zero or something close to it” if Trump were to lose the presidential election in November.

These new lows come just weeks before Trump will get the green light to offload his 114.75 million shares of Trump Media, or about 60% of the company’s outstanding stock. The Republican presidential hopeful stands to make upwards of $2 billion from the stock sale — although the value of those returns depends on the share price.

I think that it’s going to go to “zero or something close to it” once Trump starts bailing out. I don’t think that it’s going to need to reach the election and have Trump lose.

MeekerThanBeaker ,

More

MagicShel ,

https://programming.dev/pictrs/image/9aeaad81-9211-421a-a39a-ad56ce645aef.gif

vegeta ,

https://lemmy.world/pictrs/image/a3992ad2-5bf1-4bfa-85ce-87652f42352e.jpeg

gregor ,

Someone explain the joke pwease

WalrusDragonOnABike ,

Electron microscope of the worlds smallest violin. A way of mocking other’s problems by pretending to pretend to care.

Mcdolan ,

It appears to be the worlds tiniest violin.

Semi_Hemi_Demigod ,
@Semi_Hemi_Demigod@lemmy.world avatar

It’s an electron microscope of a violin built with individual atoms, as in “I will play the smallest violin in sympathy”

TacticsConsort ,
@TacticsConsort@yiffit.net avatar

Violins are traditional instruments of cinematic mourning, either as background melody or very famously used literally in Titanic where the orchestra kept playing right up until the ship went down (historically accurate).

Spongebob Squarepants later had a one-off gag where Mr. Krabs wanted to express insincere mourning, so he pulled out a finger-size violin and said something to the effect of “Oh boo hoo. Let me play you a sad song on the world’s tiniest violin”

Of course, being Spongebob Squarepants, the gag was executed so flawlessly that it was immediately seamlessly integrated into internet culture.

gregor ,

Damn, thanks for the exhaustive explaination. The internet needs more people like you

crawancon ,

the violin player that stayed to play was named Wallace Hartley and he was awesome.

en.m.wikipedia.org/wiki/Wallace_Hartley

his (emotionally broken, never remarried )fiance eventually received his recovered violin and it later sold for 1.8m.

he’s now a sort of town hero from where he was from.

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