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May 26, 2017 Post

Discussion in 'Off Topic' started by Buddy, May 27, 2017.

  1. Buddy

    Buddy New Member

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    Well this is really just a test post. However, if anyone knows why $15B moved out of the Crypto market today I would sure like to know. Maybe Gates, Buffet, and Zuck just toying with us?
     
  2. fernando

    fernando Powered by Dash
    Dash Core Team Foundation Member Moderator

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    How do you know that amount moved out of crypto? I think you are referring to total marketcap loss, which is a totally different thing. Marketcaps are an artificial measure. We all use it, but it really means very little because it values the total supply at last transaction price, which doesn't make any sense. Because price depends only on demand an offer, you can decrease the marketcap with a single one unit transaction with no other change.
     
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