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/biz/ - Business & Finance

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25666954 No.25666954 [Reply] [Original]

>btc needs now 73 billions to make a +10% movement
>eth needs 14 billions
>ltc needs 1.1 billion
>every shitcoin out of the top10 needs less than 1 billion to make a 10% movement
how's that sustainable for btc?

>> No.25667004

>>25666954
Number
Go
Up

>> No.25667063

>>25666954
Agree it’s total and utter bullshit that alts are being left back like this. Fuck them

>> No.25667065

>>25666954
FUCK THESE NUMBERS ARE GOING UPPPPPPPPPP

>> No.25667090

>>25666954
tell me how I know you don't understand how markets work
>muh marketcap
>muh "infinite liquidity"

>> No.25667180
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25667180

>>25666954
its simple: btc goes brrrrr

>> No.25667208

ETH SZN

>> No.25667226

>>25666954
You have no fucking idea how market cap works. All it takes is someone to buy ONE bitcoin for $1,000,000 and for that second before the next person refuses to pay that amount, the market cap will be $21,000,000,000,000. And you can say that if Bitcoin is just $0 too. So it takes $1,000,000 to get to a $21T mcap. There isn't $740B in bitcoin right now. There's probably like 1/10th of that.

>> No.25667231

>>25667090
wtf are you talking about, mong?
price = m.cap / circulating supply

>> No.25667241

>>25666954
no you dont need 73b to move btc +10%

>> No.25667280

in theory btc only needs 1 person buying bitcoin for 1 million dollars and nobody else to trade afterwards and it is 1 million dollars

market caps are only indicators.

>> No.25667351

>101 math
>when you allow niggers to use the internet
i bet that you're xrp holders and you believed that it was going to $1000

>> No.25667402
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25667402

>>25666954
Alt szn this year is going to be like nothing you nufags have ever known.

DIA bags are packed.