That's the poimt - there's no such thing as absolute value. It's all relative/perceived.
A (free) market to establish prices works only because you have many who price a given good at the margin, not because *everyone* agrees this price reflects its value. Some (or many, who knows) probably still wait for Bitcoin to fall to sub 40$k while others think it's cheap at a hundred.
Ike
npub16t…agvl3
2025-05-10 10:07:08 UTC
in reply to nevent1q…uwuk
Author Public Key
npub16t555cl3wd2pmssnsr6d44hld3tc87w8nn8c03l8ft539lzjpmtsgagvl3Published at
2025-05-10 10:07:08 UTCEvent JSON
{
"id": "a640282ea9f9b8b9b34dfb9d0a94ef54e60cdcbef1d3a1cd2c83dfd0e14dc125",
"pubkey": "d2e94a63f173541dc21380f4dad6ff6c5783f9c79ccf87c7e74ae912fc520ed7",
"created_at": 1746871628,
"kind": 1,
"tags": [
[
"e",
"922a853a8a1068204a4055e45d289f2100813cdb7deb8b44f670be1aa15b09f7",
"",
"root"
],
[
"e",
"92151187fa94a2a9b8c19c380f6d7be8da55c9c8e83d78454dfe345cad5e1e95"
],
[
"e",
"1dbd7baa454025a1c279f46085800cb4e77d6ba9ccd29c6bf043986e5a247964",
"",
"reply"
],
[
"p",
"6cbb55f409d58ceec991eeb1b4aa077931e7d078d649da666128429bb67b690c"
],
[
"p",
"f7f759064382c5d72e5a813b51de5d56bded70c92bb3045bb959dad1dfeee58f"
],
[
"p",
"f985d309197c805e1719c73185b574fc3ee407d7c1b6157dee99c6ace2599bbb"
],
[
"p",
"d2e94a63f173541dc21380f4dad6ff6c5783f9c79ccf87c7e74ae912fc520ed7"
]
],
"content": "That's the poimt - there's no such thing as absolute value. It's all relative/perceived. \n\nA (free) market to establish prices works only because you have many who price a given good at the margin, not because *everyone* agrees this price reflects its value. Some (or many, who knows) probably still wait for Bitcoin to fall to sub 40$k while others think it's cheap at a hundred.",
"sig": "6dda76e5b2f78d188d53366f2dd239dfbda56a68a6836026bfa8943e64de7aff0c73470dfc7f09cb1d0d84ec623a2bd0803bbadf0696e36b449e5ad1696d590b"
}