Based on the sale price from last week, it's worth about $200 right now.
* there is friction in the market
* information is distributed asymmetrically
* improvements can be made quickly with technology
* value is different for each actor, synergy could provide a more compelling case for an action
* people still make money of arbitrage
* people will pay not to wait, e.g. registration and ownership of an asset in a foreign country has a 1-2 month lag.
etc.
* there is friction in the market
* information is distributed asymmetrically
* improvements can be made quickly with technology
* value is different for each actor, synergy could provide a more compelling case for an action
* people still make money of arbitrage
* people will pay not to wait, e.g. registration and ownership of an asset in a foreign country has a 1-2 month lag.
etc.