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Well, words can have different meanings in different contexts. This IS what fundamentals means in the world of crypto. You don't decide on the value of a scarc
by fleddr 4y ago
Well, words can have different meanings in different contexts. This IS what fundamentals means in the world of crypto.
You don't decide on the value of a scarce asset, the owners of the asset do. If you personally believe the nominal value of a scarce asset like BTC is meaningless and thus zero, short it.
- JumpCrisscross 4y ago> words can have different meanings in different contexts I agree. It's just convenient that fundamentals, by this definition, always equals the market price. At which point one asks why there are two words other than for misdirection.