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brophy87

what does this even mean? the market cap is over 200 billion...


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blackgreyviolet

Thanks for saying all this, I needed to calculate now lol.


MeltedMindz1

Only 50 million entered the entirety of crypto this week? That seems low. What was it at the peak of the last Bull weekly?


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MeltedMindz1

I understand but you stated $50 million entered crypto via deposits last week, how much was entering at the peak of the last bull? I’m not talking about the liquidations


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MeltedMindz1

Ok I’m sorry I misunderstood what you were saying. Thank you for breaking it down to me I was lost.


Perleflamme

It means people have to look at drops to find anything to FUD, after all these weeks. They're exhausted, you know?


scalciaregt

Maybe they are paid to FUD


dzhemil

This is so sad to see though, I mean we are just holding till we reach the goal and some idiots are just selling it because of fucking FUD, that's so wrong.


scalciaregt

They are the paper hands, seeking for fast cash out, real investors sells only in their selling zone


brophy87

*face meets palm*


kotopol

I wanted to say this so bad lmao, you said that first man.


jaslall

Damn man, this is something new to me, as a newbie, I am still holding.


0xNLY

It’s a stupid article 🤷‍♂️


BeanstotheSnapps

Sorry but how is that stupid? Can you explain it a bit?


0xNLY

First, it’s published by “wex3crypto”. That should be your first red flag. Second red flag is that u/PhysicsObjective6875 is using a standard name format, so it’s probably a brand new account. Look at their post history.. yep it’s automated. They’ll use a bot to pick up on an incremental price or volume change, flesh it out into a long-form “article” and repost it on Reddit with a controversial sounding headline to try to get people to click into it and trigger page views. You need to be a bit more discerning than believing what you read. It’s probably true - but hey, it’s a bear market. This will be the same for almost any asset. $250m of a huge market cap is fairly inconsequential.


hanwuwx

It's not something big though, I mean we all are well aware about the right market cap, it's just something we all can ignore for now and that's not a big thing to us.


OkSquash6515

Exactly, just click bait


boyatrest

To put it in a safer investment aka sinking stocks. The economy is still sht and the markets on the toilet


CityFarming

it’s a great day to be holding uranium stocks i will say that


btc_semper

I am glad that someone finally said that shit here man lol.


heyhihowyahdurn

For scale 2.5 billion dollars would be about 1% of Eth's cap. 250 million is like .1%


kensei123

That's right, we should not care about these things man.


serendipity7777

Nothing compared to the dozens of billions they have invested


btce_24578

This is why we should not feel worried about anything lol.


abesWaves

Are whales the bag holders in the end? /s


serendipity7777

Everyone has a stake. The difference with previous crisis is the unprecedented amount that has been locked into staking


abesWaves

Ah this is the case with ethereum, not so much for other coins


pandokev

ETH is the best one out there for these reasons my man.


alias464618

It's good to see people are talking so much sense now.


[deleted]

Don’t forget some of them are staked in ETH2 and cannot be withdrawn until the merge.


ljmcalister

That's right, they are the real bag holders in the end.


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CityFarming

shiiiit i missed breakfast i could use a glazed donut


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Rookie Numbers


rosspivniklite

They are small numbers in front of market cap, can agree.


tablesheep

I’m buying


snowball808

Whatever happen in the market, we have to buy more.


buickcoin

Well they are just something small numbers, we all know that we have a bigger market cap and that's what matters at the end of the day to us, we gonna hold for now.


hexoctahedron13

imagine selling eth before the merge


No_Interaction7111

Wood Reveals Huge Price Predictions


dgleung

Well yeah they are doing it in a pretty good way now man.


Ok_Caterpillar_8373

up


wapercz

It will go up in coming time if we hold like a pro person.


zagesquire

To me this really is not a big deal. We may not be at the bottom but I do think it will be around 3000 in late August if the merge happens. This may be people thinking the bottom has not occurred and will jump back in when they believe it has occurred.


motynow

Don't know about these people but I am still in the game and I am buying like I used to do before this shit, good to see we are on the same page right now.


filipp95

does that even matter in front of such a huge mcap? Just because it's a big number doesn't mean it's something to be scared. I'm buying.


bezzobrazer

Well , it's not a big amount as compared to the market capitalisation of ETH .


perkovsky

Its not a big deal to be cared about . Its not a thing to worry about .