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So the market cap is you. This doesn’t apply to bitcoin.
by smokeyj 9y ago
So the market cap is you. This doesn’t apply to bitcoin.
- charlesdm 9y agoMaybe. But if an institution were to accumulate $1bn of Bitcoin through exchanges, I'm pretty sure that would drive up the market cap a lot more than $1bn.
- mitchellberry 9y agoWhat's the difference between that and the same company buying a pennystock? This is how markets work.