Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Curious, reverse your example.

You buy at $100 and sell at $1000. Where did the value come from that compelled the new guy to buy it from you at that inflated price? In my thinking, by your example, the new guy wouldn't pay an extra $900 because the value didn't already exist in the bitcoin you are selling.

Or am I just totally messing that up?



Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: