[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 2.40 MB, 4096x2731, 1603610229631.jpg [View same] [iqdb] [saucenao] [google]
23909588 No.23909588 [Reply] [Original]

when a stock or a crypto loses value where does the money go? it's not like someone is burning $100s to warm their house

>> No.23909710

>>23909588
Another one in the running for dumbest question of the year. Congratulations anon, quite a feat.

>> No.23909725

>>23909588
ngmy sorry not sorry op

>> No.23909783

>>23909588
jews

>> No.23909833

>>23909710
>>23909725
>>23909783
money can be printed but it is never destroyed from what i know.

>> No.23910674

>>23909588

fucking retard please leave you will lose everything

its for your own good

>> No.23910714

>>23909588
it’s all an exchange anon
sellers get the money, buyers hold the asset

>> No.23910821

the market cap doesn't represent anything except supply x the price of last exchange. value isn't being created or destroyed when price moves.

>> No.23911002

>>23909588
The money never existed in the first place. It's just an aggregate value based on unit price, which is based on what whoever owns that stock has been selling it for. Stocks and crypto are commodities which can be exchanged on -exchanges- for money. You can learn more about how all of this works on Wikipedia it's not very complicated.

>> No.23911030

I'm jerome powell and we burn money when stocks go down to heat the federal reserve building.

>> No.23911153

>>23909588
what the fuck is going on in your head? Please leave /biz/ you'll fall for the scammers here

>> No.23911251
File: 80 KB, 559x989, 1604815570956.png [View same] [iqdb] [saucenao] [google]
23911251

>>23909588
Related

>> No.23911747
File: 1.11 MB, 275x200, 200.gif [View same] [iqdb] [saucenao] [google]
23911747

>>23909588
>when a stock or a crypto loses value where does the money go?
The price you see is not the "Value" of the stock or crypto. It is the price other people are willing to pay for a share or a coin. You can have companies that do absolutely NOTHING that make huge promises and get people to jump on board making their stock price skyrocket, destined to plummet when they cannot fulfill their promises and they actually do nothing. That does not mean you cannot make a lot of money buying them low and selling high, but that is not the biz way. YOU are destined to buy high and sell low, forever.

>> No.23911849

>>23909588
Stocks are like tokens.
You exchange money for tokens (company keeps money)
Company does shit and the value of your token drops
1token=1dollar becomes 100tokens = 1dollar
The company uses the dollars to buy blow and get blown while you hold the bag like a cuck.

>> No.23911895

>>23911849
what are you here for lol

>> No.23911958
File: 9 KB, 249x189, frog laugh.jpg [View same] [iqdb] [saucenao] [google]
23911958

>>23909588
>>23911849
holy shit /biz/ is retarded

>> No.23912880

>>23911958
I remember posts like theirs every time someone claims /biz/ is a 'high IQ' board.

>> No.23913180

>>23911958
Okay there's no excusing >>23911849 but maybe, just maybe >>23909588 (OP) is new and here to learn about stocks.

>> No.23913222

>>23909588
the value isn't itself money
I can say my shoe is worth $20 then step in dog shit and say its then only worth $2, that just means its value has decreased not that any money has vanished

>> No.23913274

>>23909588

You are literally too retarded for crypto. Or for using the internet. Go away...

>> No.23913292

>>23909833
Pretty sure the fed does destroy a certain percentage of old money, plus if we’re talking physical money a certain amount literally gets lost of destroyed by people being dumb.