Post
Topic
Board Speculation
Re: Bitcoin Shrinking - The Long View
by
BTConomist
on 17/07/2011, 01:52:23 UTC

It is opinion.  The only thing we know for sure is that their are offers and bids in the high thirteens right now. Everything else is opinion.  Value is what a willing buyer and seller agree on. 

If only we knew for sure that those were the real bids/offers, and not the market makers themselves trying to maintain a certain profit level by simply massaging the numbers inside their database. Do you really have trust in the unregulated market makers?