NomNom@feddit.uk to Technology@lemmy.worldEnglish · 2 days agoFrom millions of dollars to under a grand: The dramatic fall of the NFTenglish.elpais.comexternal-linkmessage-square215linkfedilinkarrow-up1582arrow-down118
arrow-up1564arrow-down1external-linkFrom millions of dollars to under a grand: The dramatic fall of the NFTenglish.elpais.comNomNom@feddit.uk to Technology@lemmy.worldEnglish · 2 days agomessage-square215linkfedilink
minus-squareMatty Roses@lemmy.todaylinkfedilinkEnglisharrow-up1·9 hours agoHow is buying the asset fucking with the supply? If you mean hoarding it, that’s pretty much all Bitcoin is good for.
minus-squareℍ𝕂-𝟞𝟝@sopuli.xyzlinkfedilinkEnglisharrow-up1·6 hours agoThe supply of an asset is the volume of that asset available for purchase. If I buy all of that, supply becomes zero.
How is buying the asset fucking with the supply?
If you mean hoarding it, that’s pretty much all Bitcoin is good for.
The supply of an asset is the volume of that asset available for purchase.
If I buy all of that, supply becomes zero.