How can a stock with 14,000btc in dividends (and likely to decrease due to increasing value of btc) be worth 1,000,000 btc or about 1/10th of all bitcoins.
Even if mpex became the default stock exchange with a shitload of stocks how can it reach a value of 1/10th all bitcoins?
You do realize that there can be things worth more than all bitcoins, right?
Not if you want to sell it for bitcoins..
Fun fact: asicminer with 200k btc dividends past year is evaluated at 200k btc
mpex.co with 14k in dividends is valued at 1,000k btc
How can a dying company which has less than 1/10th asicminers profits be worth more than 5 times asicminer.
Does that make it 50 times more expensive than asicminer based on dividends alone?
Do you honestly think mpoe will pay out a significant percentage of share price in dividends over the next year or two? My guess is it doesn't even pay out 1% (or 10k btc) in the next year.
Who knows maybe some extremely rich idiots will join and blow a few thousand btc gambling. Doubt it though since the increasing cost of joining is going to exclude potential customers (idiots) from joining.