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It would but unless we're talking about complete economic collapse there's a bottom to it - Apple's real estate, intellectual property, inventory, brand, etc. a
by smsm42 6y ago
It would but unless we're talking about complete economic collapse there's a bottom to it - Apple's real estate, intellectual property, inventory, brand, etc. all cost something. Even if we completely discount all future earnings (which assumes again Apple never earns a cent - doesn't look plausible unless there's total collapse of the industry). This means there would be people that would be willing to buy at that bottom price - of course, the opinions of people at which price is the bottom would differ, but it's unlikely - again, barring full collapse of the economical system - there won't be any.
With virtual coins, the bottom is literally zero. It is completely plausible that one day just nobody wants to buy $CRAPCOIN at any price. If for BTC there's probably always be some market (one has to pay the ransomware and buy drugs somehow ;) for novelty coins there's no reason to have any hard bottom, and thus no real downwards limit to "capitalization".
- lupire 6y agoUnless you are making a complex hedge investment like options trading, that not interesting. For long holder, the difference between 10x upside and 1000x upside is interesting, but the difference between 0.9x downside and 1.0x downside is not, because you haven't invested literal all your wealth in the asset.
- GoblinSlayer 6y agoIf you can make more money from shitposting than from apple stock, it doesn't matter that it's technically not zero.