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".