Quote:
Originally Posted by dyna mo
the analogy/explanation doesn't really work. A painting, any painting, has value in the supplies used- paint, canvas, frame, etc. I can hand a painting to you. you can touch a painting.
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And that is exactly why I said that painting has value of hundreds or $1000 and not $0.
My point was that if you get enough people to overvalue things you get unreal values/prices.
You get many people to agree that $1000 painting is actually 46 million painting and it is sold for 46 million. Doesn't change the fact that real value is $1000.
You get many people to agree that $0 playcoin is actually $800 playcoin and it is sold for $800. Doesn't change the fact that real value is $0.
That ^ is the analogy.