[wredcoll]

> as stock prices are based on expectations of future profits.

I thought stock prices were based one what I thought I could sell it for next week.

[WalterBright]

If you could sell it for more next week, that means the next week buyers are expecting higher profits.

[wredcoll]

No, it just means they're expecting someone else to buy it from them at a higher price. See also: bitcoin.

[WalterBright]

Bitcoin is not a company selling a product.

[wredcoll]

What exactly is the difference? Someone tweets that next week bitcoin will be worth $x more, or elon tweets that tesla will be worth $x more next week?

[WalterBright]

Bitcoin isn't run by any organization.