WHAT THE FUCK IS A MARKET CAP AND WHY IS IT IMPORTANT
WHAT THE FUCK IS A MARKET CAP AND WHY IS IT IMPORTANT
Lincoln Hughes
Other urls found in this thread:
youtu.be
coinmarketcap.com
twitter.com
Elijah Perry
total amt of coins times the price- basically the total value of a coin
why dont you just google this basic shit
Luke Torres
I'm glad im not the only brainlet who doesn't understand that either
Camden Roberts
market cap = price of coin * circulating supply
market cap usually indicates how much potential for growth a coin has, lower the cap the higher the potential
Wyatt Butler
Market cap is the amount of fiat currently invested in a crypto. Higher market cap means more money invested in that coin which means the coin becomes more valuable in terms of price.
Jackson Walker
Dw, we want guys like this trading,
the money we're making has to come from somewhere
Thomas Ward
reeeeeee
Easton Roberts
you guys are adorable
Christopher Hughes
The total value of all of the coins
t. guy who is learning about crypto
Nolan Hall
this is completely wrong and you are either a troll or a gigantic retard. probably both.
Michael Lopez
absolutely wrongo
Dylan Davis
Lmao this thread is going yo erupt into a shit fight over 1 question
Ryder Mitchell
The total value of all the shares or in this case bitcoins, ripples, etc. A lot of people take issue with the term and also the assumption that you'd really get that amount if you sold all the coins.
It may have flaws but it's a useful tool for figuring out how much demand there is for a coin especially relative to other coins.
Julian Hall
If there are 10 candy corn coins and the first is bought at $1, second at $2, third at $3, etc up $10, the market cap is $100 ($10 x 10 coins). Even though only $55 was invested.
James Thompson
but im down money to these people...
Samuel Hill
a classic kek
Josiah Hall
It means Ripple will never go above $0.25!
Jordan Baker
Except if its Ripple, that market cap doesnt matter
Jose Davis
market cap is a meme number. 30 billion in market cap doesn’t mean there’s 30 billion in the market. It just means some idiot bought at a high price.
Aiden Gonzalez
so like if I had a coin called bizcoin and the price was .03 and I made 500 coins the price would be watever .03 x 500 is?
and plz explain more why does a lower market cap mean higher potential. comes off as counter intuitive to me. something isn't clicking in my brain
Gabriel Ortiz
BTC's mcap is $233.63 B. XRP's is $39.73 B. 39.73/233.63=0.170... so there's only 17% as much demand for XRP as there is for BTC.