It's not perfect either, I agree. It's hard and subjective to define what the real true value of something. But one common way is to define it as "what someone

It's not perfect either, I agree. It's hard and subjective to define what the real true value of something. But one common way is to define it as "what someone will pay for it" -- that's the math I did above. Anyways, I'm not trying to argue that the value of that hypothetical company is $14,400. I'm trying to argue that it's not anywhere near $50k. (Disproving the GP's example that BCH created $8B of value overnight.)