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replied 1668d
That website is junk. Just a couple of months ago the fair value for BCH was over 1500. Fair value is what someone will pay for it, which right now is 297.
replied 1668d
You're relying on a cynical argument, i.e. 'the price declined so hurr dur it must be wrong' which amounts to emotional torture.
replied 1668d
That doesn't make any sense. That's like saying CMC is junk because BTC's price used to be 20k. Fair value is what I said, what you said is MARKET value. They're not the same.
replied 1668d
The fair value of an asset is usually determined by the market and agreed upon by a willing buyer and seller and it can fluctuate often.
replied 1668d
Usually but cryptocurrencies give us down to the block time-level accuracy on transaction use which trumps exchange price. B/c that's just a guess since ex trades are almost all off
replied 1668d
Chain transactions. The rest of them are entries in a db like a bank. So they're disconnected from the actual chains.
replied 1668d
But nothing of what you said has anything to do with fair market value and neither does that website.