Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
oda.krell
on 01/03/2015, 23:05:25 UTC
[...]

Your first paragraph: Neither he nor I have said that the market price is identical to everybody's sincere valuation. The point is that everybody has a different valuation, either above or below the last price.

The other paragraphs: Yeah, all kinds of reasons for what people do.


I'm getting the feeling you're reaching here.

Jorge's original quote, one more time:

Quote
everybody who who owns bitcoin thinks that they are worth more than 245$; but, on the other hand, everybody in the world who has some money to spare thinks that 1 BTC is not worth 255$.

"thinks that they are worth" ... "thinks that 1 BTC is not worth" ...

If that's not supposed to be about fundamental, "sincere", valuation then it's phrased pretty misleading. If it is about fundamental valuation, see my argument above.