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gmtx725 | 4 years ago

What even is a "true price", ontologically speaking?

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ephbit|4 years ago

Based on imtringued's use of the term, "true price" would mean the price (of an asset) that leaves no room for profiting from speculation. If there's no participant in the market left that anticipates the price of the asset to go up (correcting for inflation) in the relevant time frame (and also no participant that anticipates the price to fall), then the current price might be called the "true price" for the relevant time frame.