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by stanmancan 3200 days ago
actually you’re right, your stocks are worth $0, until you sell them. If the company went bankrupt tomorrow what would happen to the value of those stocks? If there are 100 shares available and someone is willing to pay $500 for a share, but nobody else is willing to pay more than $5, is the company really worth $500*100? Same idea goes for bitcoin cash. Just because there are a few people willing to pay $X00 doesn’t mean every single bitcoin is worth that much.
1 comments

Of course, but no one that I know of implied that it did. Any grown adult should know that if the price of gold/oz is stated as $X, or the market cap of the stock market is stated as $Y, that it doesn't mean if all of it was sold tomorrow it would generate X or Y amount of dollars.

The $8B figure for BCH is using the exact same semantics that every other non-cash asset in the entire world uses. But because it's crypto we get pedantry like this.

I think the discussion was more regarding the comment:

    Bitcoin: "I'm going to create $8B out of thin air"
That's just really not the case. Sure a bunch of BCH were created out of thin air, but it's not accurate to say $8B was.