Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Erdogan
on 14/07/2015, 17:47:33 UTC
Also linguistically, my use of the word is correct. A can of beer can cool your throat, make your jokes worse, give you a little energy and balance your bodys fluid contents. It is the intrinsic aspects of the beer that give you these services. It is contained in the beer, it is inherent, inborn native, inseparable, deep-rooted in the beer itself. The properties are therefore intrinsic, and it is the intrinsic value of the beer for anyone who prefer those things.


My friend from Alpha Centauri says that beer would dissolve the flesh from inside his carapace and gront his falamble. Chartbuddy said last time he had a beer, it rusted his diodes and contaminated his oil. Where is your intrinsic value now?

Besides which, that would be a property (which you actually used). I would not say that a beach ball had a value of yellow.

In fact Let's look at your sentence again...

it is the intrinsic value

continue...

for anyone who prefer those things

So a subjective value designated externally. One might almost call that extrinsic value.

You are obviusly not stupid, and yes, the value is defined not by the beer in itself, but individuals, considering it, all persons are different, so there is no yardstick, it is personal, psychological, individual. Every price you see, is the value from individuals preferring, with the help of their total life experience and individual needs, one thing over another. Is this your problem, do you think that therefore, we can not group value into two distinct types, intrinsic and speculative?