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re: Here's why Bitcoin is the future of money
Posted on 5/2/13 at 11:36 am to Broke
Posted on 5/2/13 at 11:36 am to Broke
I'm just trying to understand why any seller of anything would consider past values to be wholly irrelevant today.
ETA: from an investment standpoint
ETA: from an investment standpoint
This post was edited on 5/2/13 at 11:38 am
2
Posted on 5/2/13 at 11:40 am to gizmoflak
Because if I need to sell today I can't say "well frick, let me sell for the price it was a month ago. Because it was higher then". You sell for todays rate.
Posted on 5/2/13 at 12:01 pm to gizmoflak
quote:
I'm just trying to understand why any seller of anything would consider past values to be wholly irrelevant today.
I think a buyer would be a lot more concerned with past prices because he/she is doing the valuation.
This post was edited on 5/2/13 at 12:02 pm
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