Quote:
Originally posted by psyko514
it's one thing to say something is worth $104 million or $90 million or $450 million. but if the item never sells for that price, it's worth sweet fuck all.
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100%. That's exactly what I am talking about, when assessing something's value, a large component of is what people are willing to pay for it.
Think of the stock market. When the price of a stock fluctuates, its not because the companies' assets fluctuate (usually), the price fluctuation is a reflection of demand, of what people are willing to pay for it.