Quote from: Whoisthelorax on May 10, 2014, 10:54:24 AM

Quote from: Daedelus on May 10, 2014, 10:48:32 AM

Quote from: Whoisthelorax on May 10, 2014, 10:40:29 AM

Quote from: Daedelus on May 10, 2014, 10:23:39 AM

If I put my house up for auction for $1 and it sold $100,000, is this mark up 'insanity'? Or do people use things other than the initial price to determine value?

You have shown repeatedly that you don't understand value, only price. And you use it in your guide arbitrarily (this is your methodology everyone is talking about that you have admitted excludes important factors in determining long term value) to decide whether something is a 'good investment'. Your methodology is bad which creates bad conclusions.

no. the better analogy is that you bought your house for 100 dollars in october, and sold it for 100,000+ in December.

What's wrong with that picture?

Nothing, as it was sold to me for much less than people value it for. The same is true for Nxt. People see what Nxt can do and what is planned and the price rises as they think it will have more value in the future than it does today.

well we agree to disagree here.

If i buy a house for 100 (waaay undervalued) and then begin selling it at 100,000, those people buying on the other end are suckers.

"When what is planned" actually happens with nxt, then it can validate the price. its def not there yet.

You might try to agree to disagree but anyone with any understanding of what creates value and how to judge it will see the glaring errors in your piece.

If you want to label anyone a sucker, it would be Bcnext for giving away ideas and software worth millions of dollars for a few thousand bucks.