Thread: Money Bitcoin Take?
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Old 07-15-2019, 08:06 PM   #1877
Hog's Gone Fishin Hog's Gone Fishin is offline
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Join Date: Nov 2001
Casino cash: $-1429523
Quote:
Originally Posted by JohnnyHammersticks View Post
So when someone buys IPO stock for $5/share, sells it to me for $10/share, I hold it for a few days and sell it to someone for $15 dollars/share, and that person holds it for a few years in a retirement account and sells when it hits $20, who's the loser? And you could insert "bitcoin" for "stock" and just change prices. And it doesn't have to be an IPO, just did that for simplicity.

In trading, the myth that for every winner there has to be a loser is just that - a myth.
Yes ,I've heard that many times. "well, someone was dumb enough to buy my shares at this price"

Floating shares are available shares for sale. If there were no floating shares then there would have to be a buyer and seller for every transaction.

Correct??
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