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Replying to Avatar jimbocoin 🃏

Reminder: money doesn’t “flow into” #Bitcoin, or anything else.

For every buyer, there’s a seller. Neither Bitcoin nor fiat are created nor destroyed in the act of exchange.

Price is an entirely psychological phenomenon.

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Wizdumb 9mo ago 💬 1

So, is market capitalization also a psychological phenomenon?

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jimbocoin 🃏 9mo ago

Market cap is an imaginary metric with convenient units.

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