Valuation....what is it worth.
.....................................................................................................................................................
I'm sure that you have all heard the saying
"That new car you just bought looses a thousand dollars in value the minute you drive it off the sales lot"
why would that be? The car hasn't changed one tiny bit in that length of time. It's still the same exact car.
.
I'm sure that you have all heard it said.
"The price of real estate is increasing...the value of that home that you bought ten years ago...has doubled."
why would that be? The house is TEN YEARS old...it's starting to show it's age. It needs some repair here and there...it needs some fixing up.
I'm sure that you know about computers. Once computers cost millions of dollars...and now they are cheaper than a set of encyclopedias.
.
Uh...you don't know what encyclopedias are?
.
.
Er...as I was saying.
.
Why do SOME items loose value and why do SOME items GAIN?
.
I'd suggest that before anyone scoffs at and are disrespectful about the value of Crypto
(especially Steem)
that they be
able to answer that question in great detail.