For example, Apple stock $1000, 1B shares outstanding, marke cap=$1T
But if people want to sell 1B shares, the price will not be $1000. The $1000 price is based on normmaly daily trading volume, which is a small fraction of total shares outstanding.
That is why many times market value is just paper money.
问一个金融问题: 比特币或股市崩盘后，原来的资金是象泡沫一样消失了呢？还是被做空炒家賺走了呢?
每次破裂，富人更富。
富人有资金，或者可以搞到资金，抄底股市，房市，进行投资投机。等回升，然后才会变得越来越富的。如果不投资投机，就也不可能越来越富的
現在的貨幣是信用貨幣, 而不是實質的金本位銀本位貨幣, 所以信用1消失貨幣就消失 .
如比特幣是憑空創造的貨幣, 泡沫消失後, 貨幣/資金也就蒸發了.
原来有10000个货，大家愿意付$10元一个，价值10万。后来，有人$20买了5个，市值就变成20万了，明天有人$39买了10个，市值变成30万。突然有一天，大家都不要了，只值$1，市值变成一万。除了中间高价卖的赚了，高价买的亏了。
空欢喜。
https://www.upi.com/Odd_News/2021/01/14/Man-who-forgot-Bitcoin-password-accepts-fate/6321610644956/
For example, Apple stock $1000, 1B shares outstanding, marke cap=$1T
But if people want to sell 1B shares, the price will not be $1000. The $1000 price is based on normmaly daily trading volume, which is a small fraction of total shares outstanding.
That is why many times market value is just paper money.