3 ms·
The difference is, in the Nvidia example, it IS just the markets, valuing a company that produces actual physical products, and sells them for billions of dolla
by rconti 8y ago
The difference is, in the Nvidia example, it IS just the markets, valuing a company that produces actual physical products, and sells them for billions of dollars. The market is a vague guesstimate of what the actual company will do in the future.
When it's bitcoin, the product's value is literally equal to the market price.
- chrisco255 8y agoTechnically, the value of ANYTHING is its market price RIGHT NOW. Everything else is speculation.
- rconti 8y agoCool, then check the market price of an Nvidia video card rather than their stock price.