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Topic: [2014-11-12] Video: RAOUL PAL: Bitcoin Is Worth $1,000,000 (Read 910 times)

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RAOUL PAL: Bitcoin Is Worth $1,000,000

"I did some analysis a while ago," Raoul Pal said. "[It] was to try and create a valuation framework that gives some value to bitcoin because nobody really knows that it's worth."

Pal, a former global macro fund manager and current author of the Global Macro Investor newsletter, is talking about the bizarre digital cryptocurrency that saw its value surge north of $1,200 a year ago.

http://uk.businessinsider.com/raoul-pal-on-bitcoin-2014-11?r=US#ooid=xvdmJucTp4Usl1xFLQQWEv8DwBl2so8w
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