/biz/ - Business & Finance

Just sell out now you dumb ass piece of shit. I don't want your weak hands on my money. The moon is too small for the both of us.

>>9203963
>>9204025
>>9204104
>>9204130
I want to weigh in a little here.

While cryptocurrency is now technically not acknowledged as currency by the US (where I live) government, it behaves like a currency. It is as valuable as the public says it is, therefore if all established investors stop trading for a moment, the determination of stock price depends on if new investors are willing to pay for the last sell price. THEREFORE, the value of assets can change without a directly coorelated change in the state of investors.

The price of a coin can go up without seeing that same amount spent to buy the coin. All that has to happen is two people agree on a trade at a certain number at a moment when no one else is trading, and suddenly all shares are valued at that amount for that moment. I hope that makes sense.

What I'm saying is assets can be worth more without more money going into the market. It is incorrect to say that crypto is a zero sum game especially because it can be spent directly on goods and services that are valued by the individual.