[karl262]

Originally Posted by afc wimbledon

Yes it has the value the market will bear, which, as it has little use other than as a kind of weird stock, reliant on nothing more than the optimism of the owners, no company or product backing it, no dividend, and, unlike all other currencies, no practical way to spend it in day to day life or Nation to back it, is potentially (and frankly likely) zero.


This whole conversation is effectively about investing, market gains and stock valuation, that's not how you value a currency, if you looked at crypto as a stock you would run a mile, it would be a classic pump and dump with the only difference that all of the investors are aware it is inherently valueless, unlike most pump and dumps where only a handful are aware.

That would be the blockchain project that backs each crypto. It's a great technology. Look into it.