Re:Major crypto lender Celsius freezes withdrawals as market...
by adam_arthur on Monday June 13, 2022 @08:36PM
(#31733452)
The buyers and sellers reach an equilibrium price, determined by a market, yet justified by the intrinsic value of what you're purchasing.
Note: I completely agree with you on the concept of an equilibrium price being a real thing, I just don't think equilibrium is determined by intrinsic value.