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QuotableSatoshi / Quotable Satoshi
npub1sat…sfhu
2024-08-22 12:21:02

QuotableSatoshi on Nostr: A rational market price for something that is expected to increase in value will ...

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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