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/biz/ - Business & Finance

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File: 14 KB, 1092x158, under300.png [View same] [iqdb] [saucenao] [google]
7349358 No.7349358 [Reply] [Original]

WE ARE UNDER $300 BILLION.

OVER HALF A TRILLION HAS BEEN WIPED FROM MARKET CAP.

RUN FOR THE FUCKING HILLS.

>> No.7349403
File: 24 KB, 512x512, biznizcat.jpg [View same] [iqdb] [saucenao] [google]
7349403

We are headed for sub 200B

>> No.7349406

>>7349358

The real question is... where is that money going?

>> No.7349465

>>7349406
People are being forced to sell to pay for their 2017 gains. There may not be enough money in the exchanges to pay for everyone's taxes.

>> No.7349478

>>7349406
exchanges, fees, taxes evaporating dollar value inflation crackdowns etc

>> No.7349513

>>7349358
>>7349406

market cap does not equal money in or money out. with volume so low it is most likely a handful of whales controlling this shit.

>> No.7349539
File: 109 KB, 1000x1000, PlushPeepe2.jpg [View same] [iqdb] [saucenao] [google]
7349539

>>7349513
>whales are manipulating the price
>marketcap is a meme

>> No.7349541

>>7349406
money heaven rip in piss we cry 4ever

>> No.7349586

This market cap is a lie, the real market cap is under $20 billion

>> No.7349669
File: 20 KB, 310x320, Screenshot-2018-2-5 Terminal HitBTC(1).png [View same] [iqdb] [saucenao] [google]
7349669

>>7349406
>The real question is... where is that money going?
Exchanges are an intermediary.
People who bought low and sold high already made a profit.
There are no buy orders hence people are selling low to cash out.