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RE: PENSION FUNDS: As the Crypto Currency Market passes $100 billion again, the party is about to get really exciting..!!
That 100B$ is a 'fake' number. If whole market decides to cash out prices would plummet in parallel and nowhere near that number would be withdrawn
The $100 billion is as real as valuing a bunch of bananas at $5, a car at $50,000, a house at $500,000 and $500,000,000 at $500,000,000. If everyone cashed out, as you put it, in any of these then what you would get will be a considerable lot less..!! Stephen
Correct asset is worth whatever the buyer is willing to pay. But that is the nature of the game, it is continuous bidding chasing after return. Winners are the house (Wall st) with the advantage.