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Trumps new CIA director is pretty down to earth
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2024-11-18 at 3:13 PM UTC
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2024-11-18 at 3:14 PM UTC
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2024-11-18 at 3:30 PM UTC
Originally posted by Charles Ex Machina
prices correlates directly with market cap.
market cap is derived directly from the current price and the supply, not from the "amount of money" invested or pumped into the asset.
Example: If Bitcoin's price is $40,000 and there are 19 million BTC in circulation, the market cap is simply $40,000 × 19 million = $760 billion. -
2024-11-18 at 3:38 PM UTC
Originally posted by the man who put it in my hood market cap is derived directly from the current price and the supply, not from the "amount of money" invested or pumped into the asset.
Example: If Bitcoin's price is $40,000 and there are 19 million BTC in circulation, the market cap is simply $40,000 × 19 million = $760 billion.
jesus mohammad and buddha.
you cant possibly be this stupid.
everyone whos not a woman or a retard already knows this equashun:
price = market cap (in USD)
___________________________
sum total of all available "token" -
2024-11-18 at 3:41 PM UTCincorrect
https://coinmarketcap.com/faq/What is "Market Capitalization" and how is it calculated?
Market Capitalization is one way to rank the relative size of a cryptocurrency. It's calculated by multiplying the Price by the Circulating Supply.
Market Cap = Price X Circulating Supply.
What is the difference between "Circulating Supply", "Total Supply", and "Max Supply"?
Circulating Supply is the best approximation of the number of coins that are circulating in the market and in the general public's hands.
Total Supply is the total amount of coins in existence right now (minus any coins that have been verifiably burned).
Max Supply is the best approximation of the maximum amount of coins that will ever exist in the lifetime of the cryptocurrency.
Why is the Circulating Supply used in determining the market capitalization instead of Total Supply?
We've found that Circulating Supply is a much better metric for determining the market capitalization. Coins that are locked, reserved, or not able to be sold on the public market are coins that can't affect the price and thus should not be allowed to affect the market capitalization as well. The method of using the Circulating Supply is analogous to the method of using public float for determining the market capitalization of companies in traditional investing. -
2024-11-18 at 4:05 PM UTC
Originally posted by the man who put it in my hood incorrect
https://coinmarketcap.com/faq/
if you knew how to work this equation
Originally posted by Charles Ex Machina
price = market cap (in USD)
___________________________
sum total of all available "token"
then you'd already know that if price = market cap/coin supply,
then
market cap = price X coin supply.
anyway this only answers HOW market cap IS DERIVED, it doesnt answer WHERE DOES IT COME FROM.
your like that boy i tutored who knew the equation that W = V X I and therefore know how the V was derived by using V = W / I but can never tell where did the V came from.
where did the V came from, scron. -
2024-11-18 at 4:13 PM UTCThe formula price = market cap ÷ token supply simply describes the relationship between market cap, price, and supply. However, price is determined independently by supply and demand in the market, not by someone plugging values into a formula. The formula reflects what the price is, but it doesn’t dictate how price is set. Market price is established through actual transactions on exchanges—where buyers and sellers agree on a value—not by dividing one number by another.
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2024-11-18 at 4:15 PM UTC
Originally posted by the man who put it in my hood The formula price = market cap ÷ token supply simply describes the relationship between market cap, price, and supply. However, price is determined independently by supply and demand in the market, not by someone plugging values into a formula. The formula reflects what the price is, but it doesn’t dictate how price is set. Market price is established through actual transactions on exchanges—where buyers and sellers agree on a value—not by dividing one number by another.
"demand" happens when people exchange their hard cash for 1s and 0s on a microchip.
where do you think this magical "demand" comes from scron. -
2024-11-18 at 4:20 PM UTCProof of Work creates demand from the market because it proves work via math unlike a $1 bill which just proves that the government agreed to print this $1 and determine it's value at $1
1 satoshi of bitcoin was physically computated on a network and verified by the blockchain, this has value simply by existing in a limited supply which creates demand. The chinks that are good at math understand this economic truths -
2024-11-18 at 4:24 PM UTC
Originally posted by the man who put it in my hood Proof of Work creates demand from the market because it proves work via math unlike a $1 bill which just proves that the government agreed to print this $1 and determine it's value at $1
1- wrong.
2- what happens when the market "demand" a bitcoin.1 satoshi of bitcoin was physically computated on a network and verified by the blockchain, this has value simply by existing in a limited supply which creates demand. The chinks that are good at math understand this economic truths
so were tulips -
2024-11-18 at 4:39 PM UTCTulips do not use electricity and computer power to solve equations which generates rewards upon correctly solving the equation. This fundamental principle is more valuable than anything that can be mined out of the ground or printed by a government and artificially defined as $1 because the price of electricity and computers cannot be fixed which makes this the ultimate decentralized form of monetary exchange i/e real money
Clearly you've never read about the dangers of Weimar hyperinflation and the Zimbabwe 1 trillion note and think paper money actually has some intrinsic value because a government says it does. -
2024-11-18 at 4:47 PM UTCElection is over. Trump made his choices already. Let this thread go to the shit bin already
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2024-11-18 at 5:16 PM UTC
Originally posted by the man who put it in my hood I will be examining this closely. This is related to Venezuela.
Originally posted by the man who put it in my hood 10/10 Speech
+ Trump called Bitcoin an Industry
+ Trump mentioned michael saylor, the biggest skitzo in the crypto industry
- Trump says bitcoin requires large amounts of electricity (this is wrong, see my other posts about this subject)
+++++++++++++ Trump advocates NUCLEAR POWERED BITCOIN
+ Trump admits bitcoin is more powerful than government
+ Trump vows Day 1 in office to force the SEC to stop anti competitive regulations against crypto
++++++++ Trump vows to FIRE Gary Gensler
This means no more requiring an ID to buy bitcoin
+ Trump vows to stop
https://blockworks.co/news/operation-choke-point-2-0\
- Trump plans to create a secretary of Crypto to design "fair regulations" that will support the industry and help it thrive
(I am suspicious about any crypto regulations)
+ Trump vows to never support Central Bank Digital Currency
+++ Trump supports self custody
+ Trump mentioned the 2008 Financial crisis that was the inspiration for the creation of bitcoin in the first place
+ Trump plans to free Ross Ulbricht
Trump mentioned buying oil from Venezuela, says it's bad.
Trump thinks America should increase their position (1% total ownership of supply) and increase that and not sell. "Permanent National Asset"
This is a very huge moment. -
2024-11-20 at 1:18 AM UTC
Originally posted by the man who put it in my hood Tulips do not use electricity and computer power to solve equations which generates rewards upon correctly solving the equation. This f
tulips are all unique and proof of Gods work that cant be replicated by any man or their machines.because the price of electricity and computers cannot be fixed which makes this the ultimate decentralized form of monetary exchange i/e real money
this ks where the fundamental flaw lies with these crypto "currencies" in the way that a hash that was produced with dirt cheap coal energy in india have the same value as a hash being hashed out in energy deprived germany.Clearly you've never read about the dangers of Weimar hyperinflation and the Zimbabwe 1 trillion note and think paper money actually has some intrinsic value because a government says it does.
if the USD can be converted into crypto "currencies" then infinite amount of USD can be used to converted into cryptos and rendering them as equally worthless.
you think bitcoin shooting up to 200k isnt inflation ?
well then you dont know how the economy works. -
2024-11-20 at 1:24 AM UTC
Originally posted by Charles Ex Machina this ks where the fundamental flaw lies with these crypto "currencies" in the way that a hash that was produced with dirt cheap coal energy in india have the same value as a hash being hashed out in energy deprived germany.
It's germanys fault for banning all their coal. Trump already advocated for Nuclear bitcoin.
Originally posted by Charles Ex Machina tulips are all unique and proof of Gods work that cant be replicated by any man or their machines.
this ks where the fundamental flaw lies with these crypto "currencies" in the way that a hash that was produced with dirt cheap coal energy in india have the same value as a hash being hashed out in energy deprived germany.if the USD can be converted into crypto "currencies" then infinite amount of USD can be used to converted into cryptos and rendering them as equally worthless.
It cannot be converted, it can only be exchanged. Sometimes the markets run out of coins which causes the price to go up because everyone is trying to buy coins, high demand from a limited supply. -
2024-11-20 at 2:27 AM UTC
Originally posted by the man who put it in my hood It cannot be converted, it can only be exchanged. Sometimes the markets run out of coins which causes the price to go up because everyone is trying to buy coins, high demand from a limited supply.
exchanges and conversion are the same thing.
selling USD for yen and vicey versay can be called a currency exchange or conversion depends on ones whims and so does selling USD for BTC.
and vicey versay.
you have to be trolling. -
2024-11-20 at 3:53 AM UTC
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2024-11-20 at 4:04 PM UTC
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2024-11-21 at 2:14 PM UTCeven if you were right you wouldln't be right because you live in a universe where things have a fixed meaning and there is no room allowed for any new developments in technology, you must always be stuck in the past and argue about how things don't meet the old definitions of things, yeah no shit. The market doesn't care and is moving ahead boldly while you cry in corner
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2024-11-21 at 2:50 PM UTC
Originally posted by the man who put it in my hood even if you were right you wouldln't be right because you live in a universe where things have a fixed meaning and there is no room allowed for any new developments in technology, you must always be stuck in the past and argue about how things don't meet the old definitions of things, yeah no shit. The market doesn't care and is moving ahead boldly while you cry in corner
thats right, women have penises these days.
