“market cap to invested capital is not a 1:1 ratio.
Fundstrat did some research on this in the 2018 bull and found that the ratio of price increase to actual dollars added was closer to 20:1. IE 20$ of additional mkt cap for every 1$ invested in bitcoin (on average).” from @npub1x89n94f6mqgre90r9wv3vurnkzqgcw9397zz4yy4p8|n8mh7zkvq3esm56
chowcollection /
npub1mm…qnm32
2023-03-18 21:59:43
in reply to nevent1q…ew73
Author Public Key
npub1mm0eraw9am3l8pjwas6t9r7fn34ge3zty5yg3n856rvds485342qlqnm32Seen on
wss://relay.noswhere.comPublished at
2023-03-18 21:59:43Event JSON
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"pubkey": "dedf91f5c5eee3f3864eec34b28fc99c6a8cc44b250888ccf4d0d8d854f48d54",
"created_at": 1679176783,
"kind": 1,
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"content": "“market cap to invested capital is not a 1:1 ratio.\n\nFundstrat did some research on this in the 2018 bull and found that the ratio of price increase to actual dollars added was closer to 20:1. IE 20$ of additional mkt cap for every 1$ invested in bitcoin (on average).” from @npub1x89n94f6mqgre90r9wv3vurnkzqgcw9397zz4yy4p8|n8mh7zkvq3esm56",
"sig": "f97318034edf0b679c265a175c0b5d28912f6c2b81fe18396e0aab2312330c6c975c69108f8e5808ae992e7b1f04d7e98a9dde3b05b43b461ed10aa37dc11ac5"
}