Investment & Investing

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sohi in reply to @NotThamesWater

But not everybody holding bitcoin paid the current price so the money lost would be a lot less.

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NotThamesWater in reply to @sohi

I am grossly oversimplifying things and ignoring increases in price.

Take the above example. The shitcoin price goes to 1 million. The market cap is now 2,000,000.

The price then drops to zero.

I'm still up 100,000, they are down 100,000.

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