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RE: 4 Video Lesson on: How Bubbles grow and how they burst

in #economics7 years ago (edited)

i get your point. What im trying to say is that if all humans suddenly agreed that tomatoes arent worth eating(or developed an worldwide allergy) and cucumbers are better in every aspect the value of tomatoes as food would vanish hence my point that if people assign cryptos value of some sort( as currency, socialmedia platform or otherwise) they have value to them and not just a price :)
but yeah the price is currently being mostly determined by speculating on future value instead of imediate value.