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

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

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No shit genius

Keep dreaming nigger

> 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?

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

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

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.

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Because modern "men" are thirsty orbiters

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

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 one in crypto is stupid enough to send them money

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

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

Poof

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

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

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>Driving a 25 year old Lambo.

Gay.

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.

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

the fed destroyed it

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 user. Still have 45K left.

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

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.

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

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

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

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.

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

wash.trading.
fake total vol

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

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

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!.

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USDT

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

lal get fucked poser

Tether

Is 1% of the MC you brainlet

Cocaine and expensive clothes and cars, mostly

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.

Reserved list mtg

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.

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.

lmao
none of that yugiyoh shit here thanks

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

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

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

-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.

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