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I don't understand how "trading volume" works
| red rigpig | 01/20/18 |
| crusty partner casino | 01/21/18 |
| peach water buffalo native | 01/21/18 |
| vigorous office wagecucks | 01/21/18 |
| red rigpig | 01/21/18 |
| maniacal piazza boltzmann | 01/21/18 |
| vigorous office wagecucks | 01/21/18 |
| red rigpig | 01/21/18 |
Poast new message in this thread
Date: January 20th, 2018 11:21 PM Author: red rigpig PFR's market cap can increase by like 5 million in 24 hours, yet the trading volume shows $120k for that period of time. (http://www.autoadmit.com/thread.php?thread_id=3866041&forum_id=7#35200600) |
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Date: January 21st, 2018 12:33 AM Author: crusty partner casino Market cap = shares outstanding * current price (http://www.autoadmit.com/thread.php?thread_id=3866041&forum_id=7#35201014) |
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Date: January 21st, 2018 11:20 AM Author: peach water buffalo native (Finance masterman) (http://www.autoadmit.com/thread.php?thread_id=3866041&forum_id=7#35202347) |
Date: January 21st, 2018 6:24 AM Author: vigorous office wagecucks volume is how many units of an asset have exchanged hands over unit time.
market cap is calculated by the current market price * the total units of asset. here is the important part: the current market price is whatever most people are presently willing to pay per unit asset. ** and that can change drastically even with very low volume. **
it only takes a small mob of buy tards (e.g. xoxo and zilliqa) to run up a price on a huge market cap coin. (lol jk i love xoxo and zil) |
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Date: January 21st, 2018 10:34 AM Author: red rigpig If market cap can increase by $5 million with no issurance of additional Coins in this time, then why wouldn't trading volume also be ~$5 million in this span of time. I know how market capitalisation works, I majored in Engineering ffs. (http://www.autoadmit.com/thread.php?thread_id=3866041&forum_id=7#35202081) |
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Date: January 21st, 2018 10:38 AM Author: maniacal piazza boltzmann In theory trading volume could be one and the price that one transaction closed at would dictate the new market cap. It's possible to have large mkt cap changes on very thin volume, it's not one to one. (http://www.autoadmit.com/thread.php?thread_id=3866041&forum_id=7#35202108) |
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Date: January 21st, 2018 11:14 AM Author: vigorous office wagecucks precisely...maybe my explanation was sps above (http://www.autoadmit.com/thread.php?thread_id=3866041&forum_id=7#35202321) |
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Date: January 21st, 2018 11:16 AM Author: red rigpig Excellent post. (http://www.autoadmit.com/thread.php?thread_id=3866041&forum_id=7#35202329) |