Quote from: dexX7 on November 28, 2013, 11:34:48 PM

Quote from: jimmothy on November 28, 2013, 06:04:49 PM

Again what do they do? Options are a fancy way of gambling but really no value is created ...

A lot of financial related stuff creates the impression of being without any value for some.

The sad truth is that a lot of PR's statements have some valid point to some distinct.* That an exchange with four stocks, which are trading on lowish volume, all involving the creator (probably a good thing in this case) and some option trading, has such a high valuation seems to tell a lot of Bitcoin world. But this is probably just half of the truth: MPEx is rock solid, innovative (GPG order system!) and seemingly profitable for investors. MPEx' alleged irrelevance is also not the only reason why it survived three other exchanges and is probably here to stay for a long time.

http://trilema.com/category/mpex/ provides some further insight. Here is a good example, that it's more than a shitty website from the 90s.

*Especially sad, because many have a (sometimes eye-opening) "cold, hard reality" character. Wink

Not sure what your point is. Looks like you just quoted a trillema post. So is it the "solid functionality" or "innovative gpg order system" that makes it worth 1 billion? I don't think your post clears up any confusion.