/biz/ - Business & Finance

>>21421383
No. First fiat system must collapse completely. Only then they can introduce blockchain as the solution, it will be adopted or countries will go into depressions which they wont come out of for decades.

>>21094017
The cunt said banks hold most of it. Simply false.

He said XRP can be printed. Simply false.

The list goes on, the cunt who wrote this knows literally nothing, and it's hilarious how many will sell their future for a shitpost.

fudbingo.com

You people are pathetic and know nothing.

Trump banned chinese owned tiktok
and now you're telling me he is going to ban chinese coin Bitcoin? IMPOSSIBLE THAT'S A SCAM

>>20921884
I.D.I.O.T = you.

Myth #1) The Market Cap represents how much money has been pumped into a coin

This is the single-most common misperception that virtually everyone falls for, at least in the beginning. For example, if a market cap is worth say $1 billion dollars, then there must've been $1 billion dollars of money pumped into it, right? Wrong. Dead wrong. So wrong, that I have to keep saying wrong just to really drive home the point of how incredibly wrong it is. Wrong.

Remember, the formula is LAST trade price TIMES circulating supply. So if person A buys 100 Bitcoins for $10K each, then the Market Cap is $10K TIMES ~17 million coins = $170 billion. Then person B comes along and buys 1 Bitcoin (just ONE) for $10.2K. That TIMES ~17 million = $173.4 billion. The Market Cap has increased by $3.4 BILLION DOLLARS because ONE person bought ONE Bitcoin for an extra $200!!! Yes, really! This is how it works!

This is how incredibly stupid and USELESS the calculation of Market Cap is in the first place.

http://galgitron.net/Post/The-Myth-of-Market-Cap---Version-2

>>20921807
Don't listen to marketcap retards anon, they have no idea what crypto is and what they are invested in. It's 20 bucks, hold it until Christmas and you will see I was right. There's a lot more information to this, but I wont share it. I am lazy and I've done the research for myself, if you are curious DYOR as well.

Good luck.

check em and id