/biz/ - Business & Finance

topkek. This is gunna set off the golden bull

>>10910249
>under 1 btc vol

You're new here aren't you

We will never see the days of over 1000% rise in a day ever aga......

Sorry Linkers, we have a new meme in biz, and it's AURUMCOIN.

TO THE MOON IN 1 WEEK.

Sad thing is, some randy anon will purchase this tonight. RIP you poor, poor individual.

>>10910764

>>10910249
what is this, a bad ripoff of El Dorado?

>>10910249
true digital gold king
what`s the point in buying actual gold anymore?

>>10910249
>the creator wash trades a couple at an exorbantly high price
>"HOLY SHIT THAT MOON GUYS BUY BUY BUY!"

>volume: $6k
>market cap: $500 billion

>>10911460
Million, not billion

>>10911460
You got the point.
Marketcap is calculated in absolutely brainlet fashion.
Create 100 coins, buy one from myself for 5k. Now I have 500k worth of crypto.

>>10910249
not buying your bags

Bought 1
How fucked am I?

THE BEST TIME TO BUY IS AT THE TOP!!
regards: degenerate OP

>>10911867
https://bitcointalk.org/index.php?topic=1165615.980

No Dev since 2017. Was set to be delisted from CMC.

Someone market bought to stop it being delisted and now they're going to dump on you.

>>10911847
>Marketcap is calculated in absolutely brainlet fashion.
What? It literally is what it is. That is like saying that your net income is calculated in absolute brainlet fashion? Do you know how retarded that sounds? The absolute state, etc.

>>10911928
if your total earning was calculated by total worked weeks and last weeks salary that would be pretty retarded.

>>10911928
>>10911933
Yea but marketcap is working just as is intended to work. You might not like the result, but it is not marketcaps fault, use some other method. Marketcap has never promised you anything else than what it is, and it is working as intended.

This is not fucking rocket science.

>>10911994
it literally means market capitalization it implies very clearly the amount of money in a market.

>>10912011
>Market capitalization (market cap) is the market value of a publicly traded company's outstanding shares. Market capitalization is equal to the share price multiplied by the number of shares outstanding

Regards: wiki
Well I get it why it can be confusing word wise. However, at least according to wiki it is only a simple calculation, like a formula.

>>10910249
what is it like being in a discord full of retards?

>People actually think that in january entered the market 800b in cash


lol

>>10911928
If net income was calculated like market cap it would be
I earned $100 today. Therefore my annual income is 36,5 k
Absolute state you.

>>10912064
>>10912157
See above.

And if it were calculated like that, it would maybe have a different name. You don't come to say that hammer is a retarded design, if it is not good for your purpose don't fucking use it.

>>10912197
> Anecdoctal "evidence"
> If you don't like it don't use it
> b-but it's wikipedia definition ree

You are completely retarded senpai and missing the points made such as >>10912011

>>10912357
As I replied
>However, at least according to wiki it is only a simple calculation, like a formula.
That is a true statement, I did not tell how I feel about it, but what wiki says. I do believe that the marketcap is a made up term with clear definition, but the name may confuse people. Unfortunately, all things are not as such they are named, words are misleading.