I Wasted 8 Years of My Life in Crypto

Re:I Wasted 8 Years of My Life in Crypto by koonsolo on Sunday December 07, 2025 @12:09PM (#46183207)

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".

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Re:I Wasted 8 Years of My Life in Crypto by petesergeant on Sunday December 07, 2025 @11:38PM (#46188376)

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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Re:I Wasted 8 Years of My Life in Crypto by koonsolo on Monday December 08, 2025 @02:14AM (#46189329)

We've been hearing the story for years already that the Bitcoin value will go to zero.

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Re:I Wasted 8 Years of My Life in Crypto by stephen_g on Monday December 08, 2025 @12:19AM (#46188659)

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...

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Re:I Wasted 8 Years of My Life in Crypto by baq on Monday December 08, 2025 @02:51AM (#46189554)

Slippage yo. Market cap means jack shit if the true order book is thin like a slice of carpaccio.

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