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/biz/ - Business & Finance

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9976409 No.9976409 [Reply] [Original]

Say hello to your newest top 100 coin!

>> No.9976435

>>9976409
>volume $45k
This has happened so many times in the past. Remember e-coin?

>> No.9976436

Hello

>> No.9976472

>>9976409
PND sec gonna get ur ass
I am not even murican

>> No.9976493

And none of the retards here or anywhere called it.
But thanks for shilling 0xbtc all day every day you fucking useless cunts

>> No.9976521
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9976521

>>9976493

>> No.9976524

>someone bought at most $45.8k worth of coin
>mcap increased from 24 million to 230 million

If this isn't proof that market cap is meaningless then I don't know what is.

>> No.9976539

>>9976521
fuck you too nigger

>> No.9976579

>>9976524
I dont get it. What are you meaning?

>> No.9976592

>>9976579
You can increase the valuation of a token by $200,000,000 by only buying $45,000 of it.

>> No.9976641

>>9976579
I really hope you didn't put money in crypto, cause if you did, you are fucked.

I will try to educate you, but please reconsider your life choices.
marketcap = circulating supply x coin price

If I have a shitcoin at 1$ and convince you to buy it from me at 10$, there's your x10 increase in marketcap.
>but but, there was only 1 guy that bough; other people won't buy it at 10$
BINGO!
A 216 million marketcap coin with 45k volume is the equivalent of 1 guy buying 1 coin at 10$ in the above example. Basically this shit will crash hard and marketcap without volume and liquidity is a meme.

I'd recommend you to also learn the difference between volume and liquidity. It could save your life.

>> No.9976646

Obvious p&d is obvious

>> No.9977136
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9977136

>>9976539
>>9976493

>> No.9977166
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9977166

>>9976409
> 7 BTC daily volume
BTFO

>> No.9977168

>>9976592
No shit market cap is just theoretical

>> No.9977174

And it's back.

>> No.9977487

>>9976409
did some idiot just throw 7 btc away