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Replying to Avatar Quotable Satoshi

A rational market price for something that is expected to increase in value will already reflect the present value of the expected future increases. In your head, you do a probability estimate balancing the odds that it keeps increasing.

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Gigi 1y ago

"Halving is priced in." —Satoshi

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tatsatoshi 1y ago

A rational market price is a very mental construct đŸ˜›

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William â‚¿ Travis 1y ago

Too bad humans aren't rational.

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