Quote from: franky1 on Today at 11:09:25 PM

Quote from: Bulista on Today at 10:37:46 PM

And by the way, having a price and actually be actively exchanged DOES MEAN it has value. I see lots of people here saying that “having price does not mean it has value” like they are Gandalf trying to be a wizard or something. Just no, anything that has a price and is actively traded HAS VALUE. Full stop.

Oxford dictionary for the word value: “1) how much something is worth in money or other goods for which it can be exchanged”, learn your language folks.

something is WORTH.. (the part you didnt dig too deep into)

also i just went for a crap and put it in a bag. i price it at $/£5000 .. go on buy it. it has value in your mind
see how your mind is now thinking my crap is not worth/valued at $/£5k.. and how i have over priced it

price is not value price can also be premium

It seems you didn’t dig too much yourself, first you only highlight the part that says WORTH totally ignoring the rest of the sentence, when actually the most important part are the last words: FOR WHICH IT CAN BE EXCHANGED

Your crap can’t be exchanged for 5k, therefore your price is incorrect, it doesn’t have value AT THAT PRICE. But that doesn’t mean it doesn’t have value at all, there are plenty of scientific research facilities that would happily buy your crap for few bucks, so it actually it has some value.