i dont wanna here this what ever someone is willing to pay shit. I know that is the real price, but the standard?
Too bad. It's worth whatever someone is selling/buying it for. Same goes for the value of the USD, and any other currency or good. There is no "standard".I agree.
Simultaneously, around the world, people are all paying different prices for their bitcoin.
It is worth whatever somebody is willing to pay for it, at that time.
Somebody with a verified Coinbase account sees one price as "market pricing". Simultaneously, somebody without their own bank account to tie to Coinbase thinks paying 7% above MtGox on Localbitcoins.com is "market price".
