Can someone explain why the equivilant of 1/2 of amazons total net worth got dumped into internet meme coins in the last 2 days. how is this legit? the ammount of money going in within 2 days is equivilant to some of the largest companies in the world, companies who have infrastructure all over the entire and thousands of employees .. all dumped into.. pixels on a screen..why???
Can someone explain why the equivilant of 1/2 of amazons total net worth got dumped into internet meme coins in the...
Parker Rivera
Joseph Brown
bezos gonna wipe out the whole crypto market to fund his space program. Screen cap this.
Michael Rivera
>how is this legit?
its not
>why???
why are women running entire nations? why are trannies competing in womens sports? its clown world. just roll with the punches.
Nathan Powell
1000s of chinese rushing to hide their money before trade war and imminent devaluations of renminbi
Matthew Thompson
Stop over thinking and just buy, you twink.
Carson Sanchez
because rich chinks are very rich and they're scared that their money will be confiscated by their government. Also they like to gamble.
Carter Garcia
Facebook’s market cap is $500 billion and they’re also nothing more than pixels on a screen.
Nathan Young
NI HAO WEALTHY CHINAMAN
Parker Cook
ignore brainlets.
The total amount of money the market cap rises by is far more than the actual money invested. literally only 1 or 2 billion was enough for this entire rise probably.
Cameron James
If the real stock market accepts monopoly money printed by one company, and greedy people everywhere are willing to pretend monopoly money is the same as real money, then you’ll see this happen on the stock exchange too.
Lincoln Ortiz
To give a simple example. You can buy $10 worth of bitcoin for a price $1 more expensive than the last price. That would raise the marketcap by $17,699,500 even though only $10 was invested.
Camden Parker
Decent bait
Michael Rivera
Jace Mitchell
You need to read the Keynes vs White debate at Breton Woods, this shit has been coming for decades.
Camden Reed
THE SAME NIGGA IN BRETON WOOD
THE SAME NIGGA
Angel Hernandez
>4million lost coins
>Market cap is billions less
>Bitcoin has very low float
>Only small percentage of Bitcoin in existence are traded on exchanges each day
Someone who buys $1,000,000 worth of Bitcoin is going to move the market cap up by a factor of 10 or more probably
Asher Johnson
research showed that 1$ invested raises the market cap by 25$. Your math is wrong cause you need to divide the increase in marketcap by 25 and stop newfag posting.
Zachary Jenkins
buying a million USD worth of bitcoins moves the market by a factor of 10...... Brainlet detected
Leo Martin
Bullshit. It is insider market manipulation in order to make those who control the market even richer at the expense of retail investors
Nathaniel Myers
Iranian and Chinese money
Leo Perez
because bitcoin is a far less liquid asset than stocks.
>17 replies in, and despite the fact that OP's thread is bait, no one has actually given the correct answer yet