/biz/ - Business & Finance

>>21769290
How ironic.

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

>>21627312
Not your personal army. Fuck off.

>>21522891
Anon you're just embarrassing yourself. That pic has nothing to do with seething. I'm mocking you for lack of knowledge.

Did anyone notice this thread

>>21350715

is it legit...?

>>21216055
Don't you fucking dare use the Holy Bible of Jesus Christ to promote your piss drinking bullshit you piece of shit.

Cistern defined as a tank for storing water, in biblical times: an underground reservoir for rainwater.

The context of Proverbs 5:15 is clearly about wells and underground cisterns, not about piss drinking from your bladder, you absolute fuck head.

You disgusting retard.

>>21186984
You know what's cringe? The fact that you wrote that knowing it's bullshit. That's all from me, you've been screencapped more than once btw.

>>20948387
people like you literally gross me out

>>20897833
big yikes...why not just buy both?

>>20894369
someone PLEASE screenshot this fucking moron claiming he did the research and put me in the fucking screenshot when XRP is 2k+ eoy of 2020.

please, i'll have this shit framed on a wall somewhere in my mansion.

>>20889304
>You cripple niggers are fucking retarded.

The fucking irony.

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

>>20826916
what the fuck, is that the minority version of billie eilish?

>>20779679
will there be pizza

>>20769384

>>20701047
yea man ur kinda retarded

>>20700651
>telling anyone about LINK

Guys... Why does the poly sign website have images of BTC, XRP and ETH? Whats gonna happen to SWIFT guys???

>>20566422
>making a thread about a coin he doesn't hold
yikes

>>20557322
>-0.82%

>>20393373
>people actually fell for this
They deserve to get betrayed

>>20112586
>>20112619
>discussing his fictional plan to sell his fictional stack

>>19232423

>>19120434
You didn't buy, did you anon?

>text dwumpf to 88022

do americans really?

egh...I'm going back to /fit/ for a while. Anyone coming with?