News about Technical

by COINS NEWS - 3 years ago

Coinbase has become the new Robinhood. They're artificially withholding Algorand withdrawals because of liquidity issues and do not want to lose out on their governance rewards. It has been over 24 hours now and they're pretending it's a technical issue.

My guess is Coinbase is running on fractional reserves and doesn't wanna lose out on it's governance rewards so they are artificially delaying withdrawals of ALGO. I don't know about you guys but after I get my ALGO's withdrawn I'...

by COINS NEWS - 3 years ago

Does it surprise you that it's technically possible for a $1 purchase of an asset to shoot the market cap up by a trillion dollars, or for a $100 billion purchase to not move the price by a single penny? Many misunderstand the mechanism that actually driv

Intro A lot of people seem to have misconceptions like thinking if x dollars flow into an asset, its market cap will go up by x dollars. In fact, it is not possible to determine how much money has been put in to an asset based on its market cap, or c...

by COINS NEWS - 3 years ago

Does it surprise you that it's technically possible for a $1 purchase of an asset to shoot the market cap up by a trillion dollars, or for a $100 billion purchase to not move the price by a single penny? Many misunderstand the mechanism that actually driv

Intro A lot of people seem to have misconceptions like thinking if x dollars flow into an asset, its market cap will go up by x dollars. In fact, it is not possible to determine how much money has been put in to an asset based on its market cap, or c...

by COINS NEWS - 3 years ago

Does it surprise you that it's technically possible for a $1 purchase of an asset to shoot the market cap up by a trillion dollars, or for a $100 billion purchase to not move the price by a single penny? Many misunderstand the mechanism that actually driv

Intro A lot of people seem to have misconceptions like thinking if x dollars flow into an asset, its market cap will go up by x dollars. In fact, it is not possible to determine how much money has been put in to an asset based on its market cap, or c...

by COINS NEWS - 3 years ago

Does it surprise you that it's technically possible for a $1 purchase of an asset to shoot the market cap up by a trillion dollars, or for a $100 billion purchase to not move the price by a single penny? Many misunderstand the mechanism that actually driv

Intro A lot of people seem to have misconceptions like thinking if x dollars flow into an asset, its market cap will go up by x dollars. In fact, it is not possible to determine how much money has been put in to an asset based on its market cap, or c...

by COINS NEWS - 3 years ago

Does it surprise you that it's technically possible for a $1 purchase of an asset to shoot the market cap up by a trillion dollars, or for a $100 billion purchase to not move the price by a single penny? Many misunderstand the mechanism that actually driv

Intro A lot of people seem to have misconceptions like thinking if x dollars flow into an asset, its market cap will go up by x dollars. In fact, it is not possible to determine how much money has been put in to an asset based on its market cap, or c...

by COINS NEWS - 3 years ago

Does it surprise you that it's technically possible for a $1 purchase of an asset to shoot the market cap up by a trillion dollars, or for a $100 billion purchase to not move the price by a single penny? Many misunderstand the mechanism that actually driv

Intro A lot of people seem to have misconceptions like thinking if x dollars flow into an asset, its market cap will go up by x dollars. In fact, it is not possible to determine how much money has been put in to an asset based on its market cap, or c...

by COINS NEWS - 3 years ago

Does it surprise you that it's technically possible for a $1 purchase of an asset to shoot the market cap up by a trillion dollars, or for a $100 billion purchase to not move the price by a single penny? Many misunderstand the mechanism that actually driv

Intro A lot of people seem to have misconceptions like thinking if x dollars flow into an asset, its market cap will go up by x dollars. In fact, it is not possible to determine how much money has been put in to an asset based on its market cap, or c...

by COINS NEWS - 3 years ago

Does it surprise you that it's technically possible for a $1 purchase of an asset to shoot the market cap up by a trillion dollars, or for a $100 billion purchase to not move the price by a single penny? Many misunderstand the mechanism that actually driv

Intro A lot of people seem to have misconceptions like thinking if x dollars flow into an asset, its market cap will go up by x dollars. In fact, it is not possible to determine how much money has been put in to an asset based on its market cap, or c...

by COINS NEWS - 3 years ago

Does it surprise you that it's technically possible for a $1 purchase of an asset to shoot the market cap up by a trillion dollars, or for a $100 billion purchase to not move the price by a single penny? Many misunderstand the mechanism that actually driv

Intro A lot of people seem to have misconceptions like thinking if x dollars flow into an asset, its market cap will go up by x dollars. In fact, it is not possible to determine how much money has been put in to an asset based on its market cap, or c...