People need to crowd fund USS carrier full stacked with planes to make 100x8 billion market cap to 800b market cap is 100xPeople need to crowd fund Space program from scratch that will actually work to make 100x50k to 5 million marketcap is 100xPeople need to crowd fund a house to make 100xWhy are Chainlink bagholders retarded like this?
>>62643544>He fell for the mcap memePoor fella.
>>62643553oh do tell me doge/shiba/penguin or whatever animal shit it is coin that you will make 100x their market cap now cause they did 10000x from 100k market cap beforeDo explain me the mcap meme shitcoin pusher
>>62643576mcap is the most irrelevant number ever. It's literally meaningless. Someone could buy a single doge for $1 and the mcap would nearly 20x. It's COMPLETELY meaningless. It doesn't take 8 billion dollars to create an mcap of 8b. You can do it with one single trade of 1 dollar. MEANINGLESS.USELESS.
>>62643603>hypotheticalswhile in reality mcap is one of best predictors of possible growth.you can capslock it all you wantif we are talking low mcap, low volume, low liqudity shitcoins i could agree to an extentbut you are blanketing entire market with same logicjust doesnt work like thatMcap is omega of end price
>The total supply of shitcoin420faggotblazeit coin is 8 billion>Someone buys one for $1>Total volume is $1>Market cap is now $8billion>Even though only a single trade totaling $1 as ever happenedWOW VERY NUMBERSO USEFULSUCH MEANING
>>62643617did you even read what i said
>>62643615Except volume and liquidity have nothing to do with mcap. It's simply the most recent trade multiplied by the supply.That's it.It doesn't represent the total amount of money in a coin. It doesn't represent the total possible price, or anything. It's just the total cost of the total supply at the current price.Which, mind you, can be greater than the total value of all money on the planet.The mcap of anything could be 1000000t. It means NOTHING.
>>62643629your case is hypothetical and it means shit in terms of 99.999999999 repeating cases of even shittiest of shitcoinsIts fucking fantasy case
>>62643632I'm illustrating to you that mcap means nothing. It never has and never will.It means nothing because no one will ever be able to buy the entire supply. And that's all mcap is showing you, how much it would cost to buy the total supply at the current price. How is that information useful?ITISN'T.It doesn't take a billion dollars to move the mcap by a billion. It never has and never will. It doesn't represent the total amount of money invested into a coin or stock.And never has, nor will it ever.It literally and unironically means nothing.You could buy 100k btc right now and the price could remain exactly the same, and the mcap wouldn't move by a single penny.Or you could buy one BTC at double the current price and the mcap would double.IT'S MEANINGLESS.
>>62643639>Or you could buy one BTC at double the current price and the mcap would double.you are insaneMcap is just sum of amount and priceIm not claiming that if you have 100k market cap coin and you put 100k in it, that mcap will just double cause it wont, you will increase the price per coin and it would be for sure more than double the market cap, same with selling of itMcap is still best predictor of end result
>>62643646>Mcap is just sum of amount and priceThat's precisely what I said, and what I'm illustrating, and EXACTLY why mcap means nothing.There's 21m btc and the price is 78.8k21m*78.8k=mcap.Again, how is this useful for anything? It's not. For a bunch of different reasons.It means nothing. It's just another way of saying the price of an asset.supply/mcap=priceUseless. Not just useless, but meaningless.
>>62643676So in you own logic>Or you could buy one BTC at double the current price and the mcap would double.how does this makes sense?
>>62643681Because mcap is simply the CURRENT price multiplied by the TOTAL supply.That's it. Nothing more, nothing less.Which means if one singular BTC was bought at 156k, the mcap would double as soon as that trade executed. But at the same time, there was no other buy orders except for one at 50k, and someone sold one second alter, the mcap would drop by 75%.With $206k worth of trades, the mcap went from 1.58t to 3.16t to 790b.Which is PRECISELY why it's a useless meaningless metric. Do you seriously not understand what mcap is?
>>62643544Was the scene of her fucking random men at the beginning of the movie necessary?
