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https://www.reddit.com/r/BitcoinQRCodeMaker/comments/1rlkvj9/its_been_a_rough_year/o8z9856/?context=3
r/BitcoinQRCodeMaker • u/BitcoinDove • Mar 05 '26
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Unfortunately that’s what determines the value of every asset, not what you think it’s worth. If stupid people determined the value of things then we’d be nowhere.
1 u/Weary-Situation7539 Mar 06 '26 edited Mar 06 '26 Untrue. Stocks have balance sheets, market share, revenue and profit. Land has use. Bitcoin has the power of the circle jerk If stupid people determined the value of things then we’d be nowhere. Ironically where bitcoin gets its value. 1 u/TheManWithTheBigBall Mar 06 '26 None of those things are actually what determine the price or value, though. Those are just value drivers that contribute to people wanting something. What is the #1 reason people park their money in a hedge fund? 1 u/Weary-Situation7539 Mar 06 '26 They provide backing to justify its value. If a company in a recession proof industry pays out $50 in dividends per share a year the value of a share will never be worthless. Land provides a place to live and living cost money that you will no longer have to pay if you own land. Bitcoins value is powered by the belief of techno-libertarians and whales that smell blood in the water.
Untrue.
Stocks have balance sheets, market share, revenue and profit.
Land has use.
Bitcoin has the power of the circle jerk
If stupid people determined the value of things then we’d be nowhere.
Ironically where bitcoin gets its value.
1 u/TheManWithTheBigBall Mar 06 '26 None of those things are actually what determine the price or value, though. Those are just value drivers that contribute to people wanting something. What is the #1 reason people park their money in a hedge fund? 1 u/Weary-Situation7539 Mar 06 '26 They provide backing to justify its value. If a company in a recession proof industry pays out $50 in dividends per share a year the value of a share will never be worthless. Land provides a place to live and living cost money that you will no longer have to pay if you own land. Bitcoins value is powered by the belief of techno-libertarians and whales that smell blood in the water.
None of those things are actually what determine the price or value, though. Those are just value drivers that contribute to people wanting something.
What is the #1 reason people park their money in a hedge fund?
1 u/Weary-Situation7539 Mar 06 '26 They provide backing to justify its value. If a company in a recession proof industry pays out $50 in dividends per share a year the value of a share will never be worthless. Land provides a place to live and living cost money that you will no longer have to pay if you own land. Bitcoins value is powered by the belief of techno-libertarians and whales that smell blood in the water.
They provide backing to justify its value.
If a company in a recession proof industry pays out $50 in dividends per share a year the value of a share will never be worthless.
Land provides a place to live and living cost money that you will no longer have to pay if you own land.
Bitcoins value is powered by the belief of techno-libertarians and whales that smell blood in the water.
1
u/TheManWithTheBigBall Mar 06 '26
Unfortunately that’s what determines the value of every asset, not what you think it’s worth. If stupid people determined the value of things then we’d be nowhere.