01-03-2025, 06:00 PM
(01-03-2025, 05:34 PM)n9wiff Wrote: the coin has a market value
No need for "bidding"
That's what constitutes a market: a Bid and an Ask.
But you have to explain the rationale of the bidder.
For gold, it could read something like this: "Of course I'm prepared to offer $1 an ounce! I can always use that gold to make a tooth."
But for bitcoin there is no explanation.
"I can get rich if I find a second fool" is their only hope.
But this must come to an end as soon as the biggest fool is located

