Price chart means enough people speculated (gambled?) on an asset during a specific time frame to get it to that number.
That's it.
It doesn't say anything about quality of tech, utility, adoption, number of users, network revenue, decentralization, or anything else that's actually meaningful.
Imagine trying to tell someone that an electric car is better than a gas one, and they show you a price chart of crude oil. 🤣
Now of course, more successful and useful projects will tend to have higher market valuations for more time than failed ones. No one should think there's absolutely no correlation.
But a price chart in any argument other than about which one has attracted more capital over a given time frame is absolutely silly, and a sign of losing the argument.
RE: LeoThread 2025-08-07 11:05