So with the BTC rallying up, S.DICE is valued at ... 1 000 000 000 * .0062 = BTC6200000 @ $30 | $18,6000,000
Is this high? low? about right?
Hmm...I dunno. Just because BTC is at $30+ does not mean you can do calcs like that. Is it extremely valuable, yes. But to extrapolate like that, just does not make sense. Think about it a minute.
I thought it was only 100 million shares total, not a billion?
Even so, how does valuing a company in USD (or any currency that a Bitcoin can be converted to)
not make sense? Just because they operate in Bitcoins doesn't mean we can't do some quick math to figure out their "real world" worth...