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Every time I hear about a cryptocurrency's "market cap" I think of https://signalvnoise.com/posts/1941-press-release-37signals-....

> 37signals is now a $100 billion dollar company, according to a group of investors who have agreed to purchase 0.000000001% of the company in exchange for $1.



Except for the fact that Bitcoin's current 24hr trading volume is in the billions.


Shuffling money around between my savings and checking accounts doesn't mean I wind up with more money.

Being able to unload a Bitcoin for $50k doesn't mean the market can withstand unloading a million at that price.


The market depth could handle couple million dollars without changing the price too much, but if you want to buy/sell large amounts, you'd go to OTC.




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