[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.21178385 [View]
File: 189 KB, 1300x866, 32442008-A-grumpy-old-man-scowling-at-the-viewer-as-he-counts-his-gold-coins-by-a-stack-of-large-bills--Stock-Photo.jpg [View same] [iqdb] [saucenao] [google]
21178385

>>21178275

>> No.2036444 [View]
File: 212 KB, 1300x866, 32442008-A-grumpy-old-man-scowling-at-the-viewer-as-he-counts-his-gold-coins-by-a-stack-of-large-bills--Stock-Photo.jpg [View same] [iqdb] [saucenao] [google]
2036444

>>2027398
>Holy shit you NEETS are going to be in such a shock when you try to cash out your hundreds or thousands of worthless coins.

What do you get when you cash out worthless coins? Nothing?

You're half right in that 42 billion will be impossible to convert to liquidity overnight. Its a small exit door in the theater. As long as no one panics nobody will get trampled.

But the reality is that only 2% on the low end and maybe 10% on the high end is actively traded every day. So panics are self-limiting because all the crypto is not in play. Dumpers, be warned. The resulting stability is an emergent mass effect.

Navigation
View posts[+24][+48][+96]