Quote from: hatshepsut93 on December 02, 2023, 11:47:00 PM

Quote from: darkangel11 on December 02, 2023, 08:45:27 PM

Imagine a situation where you own a house and a piece of land it's built on. You estimated the value of the whole thing to be $500k. One day someone knocks on your door and offers you $2m all of a sudden. Will you sell or suspect they know more than you? Maybe there's an oil deposit underneath your house? Maybe there's geothermal energy source? Maybe an international company has plans to build a facility nearby and will need your land for whatever price?

Your analogy has a huge flaw. Bitcoin is fungible, houses are not. Like you pointed out, there can be reasons why a house could be worth many times more than the house next door. But bitcoins are worth the same as any other bitcoin, if you ignore that ordinals nonsense.

There is no way anyone will offer to buy coins for higher than the market prices. They will just go on the market and buy as much as they want there.

I'm wondering why isn't anyone using logic before coming with such crazy ideas!
Blackrock is not after satoshi number 349873311 and satoshi 28362731 they will buy from the guy that offers the best price, as long as the owners of 20999998 bitcoins will offer a price better than your coin Black rock will not give you one penny extra.

Who cares about estimate value here?
I could say my car will be worth 2 millions in 2200, but if my neighbor sales the same model with same mileage for $15000 that's what is worth now.

Quote from: southerngentuk on Today at 09:42:37 AM

If it were me, I would refuse to sell this property right now, even though they offered a very high price compared to its real value.
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Second, I doubt the buyer knows anything that I don't. Maybe there's a valuable natural resource lying under my land, or maybe a company plans to build a facility nearby and needs my land. If I were to sell this property, I would probably be Hatred after learning the real reason behind the buyer's offer.

And the moment you end up with a megamall or a 300m tall tower right next to you with traffic that you cant even get out of your garage, noise from 6AM to 22PM and because of the new position nobody interested in your property and see it dwindle to 10% of the value and impossible to live in you're going to kick yourself in the balls forever!
I know a guy that didn't want to sell his land for a block of flats but his neighbors did so and now there are 22 levels tower there and the new building code allows him to build only one level high now, so who's going to pay for a house which is 10 meters away from 60 meters tall tower and 5 meters away from double line road full of traffic?