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<p>[QUOTE=&quot;AncientJoe, post: 8294882, member: 44357&quot;]This is a great set of points as well and I absolutely agree. It applies not only to coins but also to real estate (many people will have seen/considered the property but the buyer was the highest offer; and a house has a similarly unique set of attributes to a coin), stocks (someone had an informed reason to sell at that price for you to be able to buy so any exch), bitcoin, and almost any exchange or market where the price isn&#039;t specifically defined.</p><p><br /></p><p>Coins are not necessarily unique in this sense and the terminology of overpaying is a bit unfair. It all falls under the notion of hindsight: it&#039;s possible to overpay for 6 minutes or 6 months and then have the same coin/asset/etc. be a steal in hindsight.</p><p><br /></p><p>If anyone knew the answer and could definitively say that the house, stock, or coin would be worth more tomorrow than today, their clairvoyance would be most impressive![/QUOTE]</p><p><br /></p>

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