Quote from: Eric Muyser on July 01, 2013, 03:56:02 PM

Quote from: juandiegon on July 01, 2013, 03:52:09 PM

Quote from: Eric Muyser on July 01, 2013, 03:33:57 PM

If you take the total valuation of all BTC stocks, it greatly exceeds the total amount of bitcoins in existence. If you tried to sell every stock that exists, right now, for the current bid, you would need over 100 million bitcoins to purchase them.

That's what you would call a bubble

No different than real life. The dollars in your bank are only worth something until you try to claim too many of them.

Or any market with low liquidity. Think of real estate: if you put on sell half of a country houses, price will plummet and be nothing like the value assumed under "normal conditions", that is, when there is relatively little to sell compared to the overall quantity in existence.