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REPORT ABUSIVE REPLY
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Message Subject
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SHIBA INU - I got insider. //UPDATE: SHIBA INU on Kraken Exchange!! THIS IS HUGE!! p. 56
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Poster Handle
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Anonymous Coward |
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Post Content
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#stillcantbackanythingupwithanactualargument
Quoting: Anonymous Coward 80886652 Whatever. Keep dreaming Shib will become something. It won’t. You crypto noobs don’t know anything about market cap or circulating supply and will post random articles and YT videos to disclaim that. The crypto market doesnt base its price on market cap or circulating supply. Look at any of the coins that are hundreds of dollars, with low market cap and unlimited total supply and hundreds of billions of circulating supply. Basing your expectations solely on market cap and circulating supply shows everyone that you are the crypto noob. You are the noob. Of course they matter. Stop watching YT videos and fake news articles. Oh I forgot, that’s what GLP does good. It doesnt matter, you are the noob. When you have an endless circulating supply of fiat money from all around the world, and the ability for the wealthy to dump whatever amount they want into the market .... that means the market cap doesnt matter and neither does the circulating supply. Take a look at silver. Physical silver has a very limited supply (much smaller than gold) its produced less than gold. It has a higher real world use case than gold, and yet its price is low. Rock bottom low. Compare the same to other commodities, other stocks and assets and what you will see is that market manipulation dictates price. Crypto markets are equally controlled and manipulated. The price becomes whatever they decide they want the price to be. You petty little market cap and circulating supply means nothing. Its there to distract you because you are too stupid to understand that they decide the price.
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