Currently the value of all crypto is $115 billion.
If everybody decided to cash out right now exchanges would need $115 billion to pay everybody out.
If bitcoin keeps crashing how are the exchanges going to pay people out who want to withdraw their money?
There wont be $115 billion of buyers in this market so how do they get the money?
WRONG
>If everybody decided to cash out right now exchanges would need $115 billion to pay everybody out.
thats not how marketcap works you piece of shit
The absolute state.
what do you mean, how can it not work that way, thats what the value of everybodys crypto is
>imagine being this retarded
This is perhaps in the top 10 most stupid things I've read on Jow Forums in the last 12+ years
market cap does not mean anything, it's just supply times price has nothing to do with how much money is in crypto
MARKET CAP IS THE LAST PRICE PAYED... THAT DOESN'T MEAN THERE IS ENOUGH LIQUIDITY FOR THAT PRICE!
U NOOB
>what do you mean, how can it not work that way, thats what the value of everybodys crypto is
nope
lol, how old are you
and just when you think that even stupidity has its limits, the OP starts this thread.
Wow. Epic.
There is enough money in the world for everyone.
If wealth was evenly distributed, we all could live like millionares.
actual pic of you
this must be bait
They could just cash out to Tether. 115b is no problem for Tether, because they aren't audited.
What kind of trash do I share this board with?
You are a fool
I imagine OP being an assface. Anyway, ripple will go to $4k each, right OP?