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/biz/ - Business & Finance

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10074857 No.10074857 [Reply] [Original]

Where the fuck did all of the money that was in the market go?

Seriously, where?

>> No.10074910

>>10074857
Hyped up
Made up
Propped up
call it what you want - crypto mcap are a meme

>> No.10074914

>>10074857
Into the pockets of the sellers. That's how markets work.

>> No.10074937
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10074937

>>10074857

Into my lambo anon, into my lambo.

>> No.10074943

Twitch thots and local hookers

>> No.10074948
File: 428 KB, 480x270, caren money.gif [View same] [iqdb] [saucenao] [google]
10074948

>>10074857
See >>10074910
There never actually was as much money in the market as advertised.

>> No.10074949

>>10074857
basically. while everyone was buying after the last pump in december. the smart money was selling. so anyone that bought after december basically just bought bags.

>> No.10074955

>>10074857
People cashed out? C'mon man.

>> No.10074973

>>10074943
Why would it go to twitch thots?

>> No.10074977

>>10074857

There really isn't that much money in crypto really. It's way less than the mcap would suggest.

>> No.10074978
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10074978

market cap is relative, if price of bitcoin will jump to $50k in a month it doesn't mean that there's enough dollars for every bitcoin out there

>> No.10074981

>>10074955
No shit genius

>> No.10074996

>>10074937
Keep dreaming nigger

>> No.10074997

> all the money

lol my friend. do you think if someone sells their shitcoin for a 1 dollar and there are 10 billion shitcoins, there are 10 billion dollars in the market?

>> No.10075001

>>10074981
Apparently you couldn't figure it out since you had to make a fucking thread about it.

>> No.10075012

Tether, basically. That's why it's #10 on cmc

>> No.10075013
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10075013

Marketcap != Invested capitol. The only coin that is 1-1 is Tether. The fact that it's a complete fraud and so heavily used is the primary reason why everything was so jacked and overinflated. The ratio of "real money" invested to Marketcap at the peak was tiny.

>> No.10075014

>>10074973
Because modern "men" are thirsty orbiters

>> No.10075021

>>10074978
What lmao
What the fuck are you saying
>>10075001
I more meant 'where' as in to whom, you brainlet retard. Was it some institutions cashing out? big miners? Etc.

>> No.10075030

>>10074949
pretty much this, you can see that /biz is mostly now zoomers from the 30yo boomer rage threads, all the old goys are rich and gone now after cashing out in Dec or the really smart ones Jan

>> No.10075037

>>10075014
No one in crypto is stupid enough to send them money

>> No.10075061
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10075061

>>10075021
>say something
>oh no no i mean something else
Great fucking english dumbass.

>> No.10075068

>>10075061
Implying it's not correct use of English, you dopey faggot.

>> No.10075069

>>10074857
Poof

>> No.10075086

>>10074857
what do you mean by 'in the market'? the market is just people and shitcoin companies that sold their coins for cash. when more people wanted to sell then there was buyers, sellers started competing for buyers hence why the price dropped

>> No.10075107
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10075107

>>10074996

im not joking. I sold my verge bags (1 mil, bought at 3 sats) on december 25th for nearly 200K. '

I bought a second hand lambo for 45K. I'm literally driving a lambo with your money

>> No.10075121

>>10075107
>Driving a 25 year old Lambo.

Gay.

>> No.10075126

>>10075107
Shit I remember people here really happy buying verge at 10 cents when it went up over that and I was telling people that if you bought that shit for more than 1 cent, you were pretty much scammed. Verge was below 1 cent for such a long time.

>> No.10075147

>>10075107
Lmao OP here I bought BTC in 2011, so you bought my bags

>> No.10075162

>>10074857

the fed destroyed it

>> No.10075177
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10075177

>>10075121

I also bought a comfy condo situated in a recreational park that permits permanent residence. Costed just 105K. Paid in full, no 40 hours per week wagecucking for me anymore anon. Still have 45K left.

Just entered the market again buying one coin, for about 10K total. This year is going to be even better.

>>10075126

I was one of the first ones here shilling that shitcoin. Everyone here was claiming it was a pajeet scam. I still feel so fucking smugg about it all.

>> No.10075199

>>10075147

Well, what can i say? Well done lad ;)

>> No.10075206

>>10074857
Are you serious? Most of this money was never there. If one guy mines 1000 btc or creates 1000 shares and then sells one to a sucker for 10000 the marketcap is 10000000. Most money was never there! Even if we forget teters or qe

>> No.10075226

>>10075199
But I'm happy for you as well if you did manage to escape wageslaving. Always a good thing

>> No.10075253

>>10075226

well i didnt escape it entirely... but i dont have to pay rent or mortgage anymore. Just utility bills and some insurance. Two days of work is more then enough right now, so yeah. Quite comfy indeed.

>> No.10075274

>>10074857
it's still here, whales just aren't buying right now to shake off poorfag hands for the next moon.

>> No.10075365

>>10074857
wash.trading.
fake total vol

>> No.10075588
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10075588

>>10075121
>not realizing 25yo lambos are more valuable than 0yo lambos

>> No.10075660

>>10075107
Post car, dickhead! Also, how much have you spent on maintenance/repairs so far?

>> No.10075744
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10075744

>>10075660

okay i admit. Allready sold it again. The car was too low for these fucking bumpy roads out here. When i wrecked the fucking bumper it would've costed me some serous money. Sold it for about half the price what i paid for it.

BUT I STILL HAD SUCCESS DAMMIT!.

>> No.10075862

>>10074857
USDT

>> No.10075909

>>10074857
Into the pockets of people much smarter than you who were manipating the market from day one.

>> No.10075919

>>10075744
lal get fucked poser

>> No.10075926

>>10074857
Tether

>> No.10075977

>>10075926
Is 1% of the MC you brainlet

>> No.10075984

Cocaine and expensive clothes and cars, mostly

>> No.10075999

>>10074857
on the sidelines OP. all the whales be playing us like de fools we are. dey be de man on de hill, we be de man on the bottom. de man on de bottom can go and cut de man on de hills head when de man is asleep.

>> No.10076047

Reserved list mtg

>> No.10076097

>>10074857
most of the volume was fake, although you can see ~$30-$40Billion worth of Bitcoin was moved from very old wallets from Nov-February. That was the smart old money cashing out into the new dumb money hype, it ain't coming back for a long time. $500 million worth of Bitcoin coming onto exchanges causes a 5% drop, there isn't any real volume these days.

>> No.10076197

>>10075744
Way to buy high and sell low dude! You didn't at least take some pictures though? What model was it? Honestly it sounds like you should have gotten a WRX STi instead, plenty of performance but still some practicality.

>> No.10076237

>>10076047
lmao
none of that yugiyoh shit here thanks

>> No.10076245
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10076245

>>10074857
>>10074857
>Where the fuck did all of the money that was in the market go?
folow the green arrow

>> No.10076289

people said marketcap was a meme and we could still go a lot higher
they were half right

>> No.10077123

>>10074857
>Volume is fake
>Marketcap doesn't resemble money flow
It was never there :-D

>> No.10077241
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10077241

>>10074857
-Market cap does not equal BTC's value if BTC can't be used to buy any given thing directly
For example if all BTC holders at once wanted to buy gold with their BTC and there wasn't a website that sells gold for BTC then they would sell it for fiat before buying gold but in the process BTC's value and consequently market cap would drop to nearly zero before even 10% of all the BTC was sold.
-Consequently BTC's value times the amount of BTC you have does not equal how much money you have
-BTC being a flawed low adoption currency is not a stable asset like fiat in most first world countries.
-Currency trading is a negative sum game if you factor in transaction fees and other costs (otherwise it's a zero sum game)
-There are more losers than winners

kill yourself for investing without knowing that.