3 billion market cap for this tech... - page 2.

HeliKopterBen

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Quote from: futureofbitcoin on April 14, 2015, 07:11:55 AM

no, the value of the blockchain itself is 0, because it can be easily replicated. So the value is in the network effects, or the people using the particular blockchain.

You cannot replicate the hash rate, therefore you cannot replicate the blockchain. All chains will have different security profiles based on hash rate. No chain will be equal to another. "The blockchain can easily be replicated" is another myth of bitcoin.

Fabrizio89

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Only time will tell. Everyone has a different perception, you alone can not be right

Amph

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3 Billion is really undervalued, it mean that everyone could just buy less than 0.5 dollars of bitcoin, which are 0.002252 bitcoin

for me a "real price" should be the one that make everyone holding at least 1 btc, this mean x444 current price, which is equal to a price of 100k for 1 btc

Morecoin Freeman

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Legendary trader

How does one determine whether a currency is fundamentally undervalued or overvalued?

cbeast

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Let's talk governance, lipstick, and pigs.

Quote from: mishax1 on April 14, 2015, 07:54:07 AM

Quote from: SirChiko on April 14, 2015, 07:49:31 AM

Quote from: cbeast on April 14, 2015, 07:45:34 AM

Bitcoin is the most secure asset bar none. It is unique. The problem is nobody uses its security features properly.

Nobody? I know plenty of people that take their security precautions really really seriously.
And i agree that this market cap is undervalued and should be ATLEAST 10x that summ!

I don't think he meant the individuals but the businesses that can gain a lot from using it.

*Present company excepted, of course. But yeah, we're still seeing exchanges losing wallets. Someday when Bitcoin is known as an ironclad asset with Fort Knox security in your pocket, then people will use it.

mishax1

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Quote from: InceptionCoin on April 14, 2015, 07:57:48 AM

Quote from: hector3115 on April 14, 2015, 06:33:56 AM

Is completely insane. The value of the blockchain alone is huge. it has got to be the most undervalued asset I have ever seen in my entire life

You should distinguish value of bitcoin blockchain and multiplication bitcoin-as-a-coin vs current-price. Its the same as compare value of all economy and sum of cash banknotes.

That's what i'm telling everyone, this is not a coin, it's a technology.

InceptionCoin

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Quote from: hector3115 on April 14, 2015, 06:33:56 AM

Is completely insane. The value of the blockchain alone is huge. it has got to be the most undervalued asset I have ever seen in my entire life

You should distinguish value of bitcoin blockchain and multiplication bitcoin-as-a-coin vs current-price. Its the same as compare value of all economy and sum of cash banknotes.

mishax1

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Quote from: SirChiko on April 14, 2015, 07:49:31 AM

Quote from: cbeast on April 14, 2015, 07:45:34 AM

Bitcoin is the most secure asset bar none. It is unique. The problem is nobody uses its security features properly.

Nobody? I know plenty of people that take their security precautions really really seriously.
And i agree that this market cap is undervalued and should be ATLEAST 10x that summ!

I don't think he meant the individuals but the businesses that can gain a lot from using it.

Q7

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The calculation and value derived from the market cap can be misleading. But never mind, put that aside, what I see long term is mainly the potential. If you consider the technology, the support from the community, the integrity of the system, these are what give value to bitcoin.

SirChiko

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Quote from: cbeast on April 14, 2015, 07:45:34 AM

Bitcoin is the most secure asset bar none. It is unique. The problem is nobody uses its security features properly.

Nobody? I know plenty of people that take their security precautions really really seriously.
And i agree that this market cap is undervalued and should be ATLEAST 10x that summ!

cbeast

donator

Activity: 1736

Merit: 1006

Let's talk governance, lipstick, and pigs.

Bitcoin is the most secure asset bar none. It is unique. The problem is nobody uses its security features properly.

mishax1

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In my opinion its value is about right..
It still has huge potential but it is not yet fully "operational" and has a lot of services to offer by the businesses that are using and will be using it.
Once we see things moving and meet the next halving point (2016) we then can say that the current price is undervalued.

futureofbitcoin

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no, the value of the blockchain itself is 0, because it can be easily replicated. So the value is in the network effects, or the people using the particular blockchain. And at this point, I don't think 3 billion is under valued. Could be overvalued by quite a bit, actually. But I do think eventually when there are more uses for blockchains for the average person, the no. of people will increase exponentially and by that time, the price will increase.

hector3115

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Is completely insane. The value of the blockchain alone is huge. it has got to be the most undervalued asset I have ever seen in my entire life

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