Dan Romero
@dwr.eth
The price of a crypto asset matters if you own it already. It doesn't matter if you don't own it. It's downstream of market cap.
14 replies
26 recasts
126 reactions
Dan Romero
@dwr.eth
Hypothetical (unlikely to happen) -- Bitcoin does a 2:1 stock split. There are now 42 million BTC. Everyone 2x their balance. The price is now 50% lower but the market cap stays the same.
7 replies
11 recasts
45 reactions
DV
@degenveteran.eth
Psychological factor via price point
0 reply
0 recast
0 reaction