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RE: Thoughts on...

in #valuation7 years ago

Hmm. I'll take the bait. The car loses value because supply of new cars is effectively almost unlimited, once the care has been "used" it can never be new again, and there are lots of new to buy.

The house gains value - in many cases but not all, due to location, location, location. You can't replicate the location, assuming you have something reasonably unique and interesting about the location. Limited supply drives prices up.

Not exactly analogous to cryptos. Some of the crypto value is due to network effect. Value of houses and cars don't benefit from any network effect.

Steemit and steem can lock in network value if they can demonstrate that time to 2 million users is going to be 1/2 the time it took to get to 1 million users.

STEEM On!!
DaveB

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What you say is true...BUT.
I don't think that's the WHOLE truth.

If I'm held to account to tell the WHOLE truth, i should just stop posting, LOL. Not enough characters on the key board

the best way to lie is to just tell enough of the truth to give the wrong impression.

Sir, I think you just accused me of being a politician. No need for that kind of crass language when we were otherwise engaged in polite discourse

I didn't accuse you of anything.
If I had accused you of something I'd have come right out and said it.
Do you deny that telling the partial truth and spinning it is a good technique for disinformation. (sometimes called lying)