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But why would the price go up if they have no intrinsic value? The original question was where does that intrinsic value come from.
by cjg 11y ago
But why would the price go up if they have no intrinsic value? The original question was where does that intrinsic value come from.
- jandrese 11y agoPeople speculate on worthless commodities all of the time under the "there's always a bigger sucker" principle. As long as you aren't the last person left holding the bag you can make a bunch of money. Besides, Apple started paying dividends again back in 2012.