| ▲ | koonsolo 3 days ago | |||||||
So the bitcoin market cap is currently at $1.8 trillion. You can compare that to USD M0 which is $5 trillion or EUR M0 which is around €4 trillion. Not bad for an "extremely inconvenient database". | ||||||||
| ▲ | stephen_g 2 days ago | parent | next [-] | |||||||
Market cap is pretty hypothetical though - if somebody actually tried to liquidate $50bn of bitcoin into fiat money you'd probably send the BTC price to about zero... | ||||||||
| ▲ | petesergeant 3 days ago | parent | prev | next [-] | |||||||
South Sea Company at its height was worth almost 3x British GDP. Not bad for a company "with negligible business activities"! | ||||||||
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| ▲ | baq 2 days ago | parent | prev [-] | |||||||
Slippage yo. Market cap means jack shit if the true order book is thin like a slice of carpaccio. | ||||||||