lol, agreed on all of the above.
apparently its becoming quite common for asset issuers to use varying methods to pump their share prices far far beyond reasonable earnings. its all fine for now. until the day that something clicks somewhere, and the price drops like a rock leaving a lot of people with near worthless crap. well.. except the issuers hehe they make out like a bandit in the meantime. but thats okay, everyone accepts it, and just hopes they are not the ones left holding the bag at the end.
No, actually, it
used to be the case that asset issuers pumped their bullshit far beyond what was reasonable, back when all you muppets had GLBSE to dick around on, and Nefario was "someone with his level of trust in the community".
Since we've (MPEx, that is) killed off that stupid bullshit prices are actually being more or less reasonably set by the market, whatever that means in BTC. Huge effort is being put specifically into removing market inefficiencies and making prices reflective of underlying economic reality, the recent S.BBET IPO being an excellent case study for this.
Obviously you don't think so, but the reason you don't think so is that you are excluded from price formation. The reason you are excluded from price formation isn't something external to you however. It is purely internal, to wit, the fact that you are worthless as a human being, have no point in this world and your opinions do not matter. I hope you've enjoyed the 15 minutes while it lasted, because they ain't never coming back.
Now let me hear the whine chorus. Reality is so very very mean and unfair. When you're done with that take a week to stfu and
read this daily.