3 ms·

Now that is just wrong. If the price went to $100m tomorrow it is because people are buying and selling bitcoin for that price.

• astrodust 9y ago
  All it takes is a single trade at a $100M valuation and, for that nanosecond, that's the value of Bitcoin.
  • celticninja 9y ago
    Yes but no one really considers that to be the market price.
    • jjeaff 9y ago
      Yes, the exchanges would, at least until a bunch more lower transactions took place.