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by badge
2815 days ago
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"$14B" on paper - but the real value of what could be extracted from market sells would be immensely less. Those numbers are based on the market spot price, and not the order book support from real world buyers. Cryptocoin exchanges are mostly bots and the order books are mostly loaded with spoofed bids that are pulled away once real buyers and sellers start pushing one way or the other, hence the volatility. |
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