[celticninja]

Now that is just wrong. If the price went to $100m tomorrow it is because people are buying and selling bitcoin for that price.

[astrodust]

All it takes is a single trade at a $100M valuation and, for that nanosecond, that's the value of Bitcoin.

[celticninja]

Yes but no one really considers that to be the market price.

[jjeaff]

Yes, the exchanges would, at least until a bunch more lower transactions took place.