I'm not sure that's accurate either. That just says that the people who want to buy [Share|BTC|BCH|Whatever] value it less than those who currently hold it.
It's not perfect either, I agree. It's hard and subjective to define what the real true value of something. But one common way is to define it as "what someone will pay for it" -- that's the math I did above.
Anyways, I'm not trying to argue that the value of that hypothetical company is $14,400. I'm trying to argue that it's not anywhere near $50k. (Disproving the GP's example that BCH created $8B of value overnight.)
Anyways, I'm not trying to argue that the value of that hypothetical company is $14,400. I'm trying to argue that it's not anywhere near $50k. (Disproving the GP's example that BCH created $8B of value overnight.)