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Topic: [2015-06-07] Video: The Age of Factory Banking: What's A Bitcoin Worth? (Read 545 times)

legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
"$ 11 925 over the last 25 years..."



that seems pretty unlikely to me. it will be over 10k within the next 10-15 years or zero i guess.
legendary
Activity: 1904
Merit: 1074
The only truth we can take out of all of this is this : "In the internet of things, we want a quicker and improved payment alternative"

The formula they use there to calculate the value of Bitcoin is flawed. You cannot do a valuation of Bitcoin based on the percentage of people using it on a global basis.

So if 20% of people in the world use Bitcoin and the total value of all payment methods is X... then the 20% is equal to...Huh??

I like the valuation of $7500 ..... not the $ 11 925 over the last 25 years.  Roll Eyes  ... We can just dream.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
The Age of Factory Banking: What's A Bitcoin Worth?

https://www.youtube.com/watch?v=tBeVd-kaGB4
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