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/biz/ - Business & Finance

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21515010 No.21515010 [Reply] [Original]

No one talks about the daily increase in the MC of all crypto. If you’re not following that you’re an idiot. According to CMC the current MC is 374 Billion. More than half of what it’s peak was back in 2017. Rising daily. If it hits 400-500 billion EOM then you’ll know we are in fact in a bull run to 100$ LINK and 50k BTC. No doubt. I don’t even look at how my crypto is doing I just look at MC. I know it’s a good day when it jumps 2billion. Fools talking about individual shitcoins is laughable.

>> No.21515130

>>21515010
it is highly regarded that near 70% of volume is fake, anon

>> No.21515212

>>21515130
Show proofs pls.
>t. skepticalchicken.jpg

>> No.21515313
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21515313

>>21515010
yep fully confident my REQ bags are mooning with the rest of the market . no reason to even look, ill be a millionaire by EOY

>> No.21515371

>>21515010
Isn’t cmc now adding shitcoins much faster nowadays

>> No.21515516

>>21515371
I’ve noticed that. But shouldn’t affect the overall market capital.

>> No.21515814

>>21515130
Have sex.

>> No.21515861
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21515861

I made a thread about this the other day. Total market cap went up 30% last month

We are clearly in a bull market again, people need to start filling multiple bags before things go nuts and just watch the profit pour in

>> No.21515881

>>21515010
you are an enlightened one

>> No.21515910

buy LTC now, it's taking off today/tomorrow

>> No.21515913

>>21515861
this is fascinating

i had no idea

so this just means a ton shit more of shitcoins have entered the market and gotten their share of 1% and whatnot

>> No.21515953

>>21515910
Proofs?

>> No.21515956
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21515956

>>21515913
That’s an interpretation.

It means total amount of money in crypto went up 30%. You can only make an educated guess where it is going but it’s clearly running through link and defi mainly

>> No.21515991

>>21515861
Just remember to sell when the time comes

>> No.21516215
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21516215

>>21515010
ATH cryptomarket cap was around 800 billion before the fall, interestign didnt realised we passed 350 billion and now around 370's. 400 is around the corner, things are definitely heating up...

more people need to pay attention to crypto market cap, maybe even do a TA on it Kek

>> No.21516261

>>21515130
>>21515212

Do you even know what market cap is you retards?

>> No.21516376

>>21516261
>tether "treasury" prints 100 million usdt
>market cap inflates another 100 milli
>binance buys more coins
>brrrrr usdt treasury prints 200 milli
>"do you even know wut market capz is you retards?"
yeah, it's bullshit.

>> No.21516561

>>21515861
This happened last summer too you fucking tool a 30% increase doesn't = bull market

>> No.21516887

>>21515953
well, look at the chart vs. USD and BTC. It's clearly trying a breakout. Also event coming on Tuesday about LTC VISA Card and LTC Mimble Wimble progress. I bought some LTC because I think it's an altcoin that doesn't had a big run yet.

>> No.21517012

>>21516376
Entirely irrelevant to the points they made dumbass. Also Tether is a 10B market cap lmao. Thats less than 3% of the entire crypto market cap.

>durrrur hu tefers

>> No.21517045

>>21515953
go look at a graph of litecoin. that fucking coin that lost me so much goddamn money is on a steady upstream. i always liked the tech, fuck that piece of shit owner that dumped on us.

>> No.21517053

>>21516561
ngmi

>> No.21518142

>>21517045
Litecoin is a very old coin. Expect it to have a comparatively fair distribution now. I think LTC's problem is that it is considered 'boring' but now founders bags etc., not at all.
This boringness is exactly what makes it interesting when crypto payments get more traction because of Paypal offering services like assurance in the future. Also it is much more manageable for custody solutions, because it does not have smart contracts.

>> No.21518210
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21518210

>>21516887
>Mimble Wimble