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/biz/ - Business & Finance

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>> No.12360384 [View]
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12360384

>>12359757
Marketcap doesn't mean that money actually entered. It means that's the price of 1 times the volume of all. Here's an example (albeit simplified):

>BTC worth $1k
>15 million BTC exist
>So BTC market cap is 15 billion
>All BTC selling for 1k are bought
>Ten few people buy the next cheapest BTC, which are limit selling for $1.1k
>Only 11k actually entered the market (10 people paying $1,100 extra each)
>BTC is now worth 1.1k
>Still 15m BTC
>BTC Marketcap goes up to 1.1k * 15m, or 16.5 billion

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