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Topic: Bitcoin Undervalued By Over $200 (Read 5000 times)

full member
Activity: 126
Merit: 100
July 30, 2016, 08:43:32 PM
#93
If now imposible is bitcoin price undervalued two hundred dollar every one bitcoin
because now pasca halving return to mining only few fifty percentage is compare before halving
so is price bitcoin very low is miner not mining again, all miner not mining is big trouble bitcoin
hero member
Activity: 616
Merit: 500
July 30, 2016, 06:12:22 PM
#92
We are at $655, which is exactly the fair-value mentioned in the report.  Grin
Now may be the time to exit.  Smiley
But that report didn't include any changes of mining environment i.e. it was published before recent halving.
In our current situation and with halving taken into consideration present bitcoin's price is still undervalued!
The price of bitcoin is $650 which is nearly 50% from its opening at start of this year. While nobody knows for certain how the long-awaited reduction in rewards to miners will affect the network, everything goes on predictions.

The bitcoin price early next year could be around $1000. That could be due to the mass adoption of the bitcoin.

850 would be the price op is stating is what bitcoin's really worth. At this moment i don't see that as a realistic price.
The price of 650 seems more of a realistic price to me.
hero member
Activity: 882
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
July 30, 2016, 05:07:40 PM
#91
We are at $655, which is exactly the fair-value mentioned in the report.  Grin
Now may be the time to exit.  Smiley
But that report didn't include any changes of mining environment i.e. it was published before recent halving.
In our current situation and with halving taken into consideration present bitcoin's price is still undervalued!
The price of bitcoin is $650 which is nearly 50% from its opening at start of this year. While nobody knows for certain how the long-awaited reduction in rewards to miners will affect the network, everything goes on predictions.

The bitcoin price early next year could be around $1000. That could be due to the mass adoption of the bitcoin.
hero member
Activity: 994
Merit: 502
July 29, 2016, 07:09:00 AM
#90
We are at $655, which is exactly the fair-value mentioned in the report.  Grin
Now may be the time to exit.  Smiley
But that report didn't include any changes of mining environment i.e. it was published before recent halving.
In our current situation and with halving taken into consideration present bitcoin's price is still undervalued!
The price of bitcoin is $650 which is nearly 50% from its opening at start of this year. While nobody knows for certain how the long-awaited reduction in rewards to miners will affect the network, everything goes on predictions.
legendary
Activity: 1288
Merit: 1000
July 29, 2016, 12:11:38 AM
#89
We are at $655, which is exactly the fair-value mentioned in the report.  Grin
Now may be the time to exit.  Smiley
But that report didn't include any changes of mining environment i.e. it was published before recent halving.
In our current situation and with halving taken into consideration present bitcoin's price is still undervalued!
legendary
Activity: 1162
Merit: 1000
July 28, 2016, 11:19:52 PM
#88
We are at $655, which is exactly the fair-value mentioned in the report.  Grin
Now may be the time to exit.  Smiley


Or wait the next report to know the next fair value and what to do next
legendary
Activity: 1246
Merit: 1000
July 28, 2016, 08:47:59 PM
#87
We are at $655, which is exactly the fair-value mentioned in the report.  Grin
Now may be the time to exit.  Smiley
member
Activity: 193
Merit: 10
July 28, 2016, 11:22:49 AM
#86
And now it seems overbought
i cannot say that it is overbought, the price still has a lot of potential to go up in my opinion and make us some good profit pretty soon

I understand the potential, I'm holding for the long term. Smiley

The bitcoin price is quite stable at the moment. I never see this stability before. It is very suitable to be a currency.
sr. member
Activity: 259
Merit: 250
July 28, 2016, 12:07:02 AM
#85
And now it seems overbought
i cannot say that it is overbought, the price still has a lot of potential to go up in my opinion and make us some good profit pretty soon

I understand the potential, I'm holding for the long term. Smiley
member
Activity: 84
Merit: 10
July 25, 2016, 09:06:48 AM
#84
Hmm... Interesting idea but I strongly disagree.

I'd say that btc has no intern value. You can't say btc is "undervalued" because btc has no value in itself.
In fact nearly nothing has value in itself! Only crafted objects, that can be said having the value of the raw materials they're made of...

The value of the bitcoin lies in its usage. It is supported by the PoW mining. So it is intrisinc value.

*intrinsic
That word don't mean what you think it does.
hero member
Activity: 882
Merit: 500
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July 25, 2016, 08:29:13 AM
#83
Hmm... Interesting idea but I strongly disagree.

I'd say that btc has no intern value. You can't say btc is "undervalued" because btc has no value in itself.
In fact nearly nothing has value in itself! Only crafted objects, that can be said having the value of the raw materials they're made of...

The value of the bitcoin lies in its usage. It is supported by the PoW mining. So it is intrisinc value.
sr. member
Activity: 476
Merit: 252
July 24, 2016, 08:10:18 AM
#82
Hmm... Interesting idea but I strongly disagree.

I'd say that btc has no intern value. You can't say btc is "undervalued" because btc has no value in itself.
In fact nearly nothing has value in itself! Only crafted objects, that can be said having the value of the raw materials they're made of...
sr. member
Activity: 259
Merit: 250
July 24, 2016, 06:59:33 AM
#81
And now it seems overbought

Overbought? What are you smoking man? What do you think the price should be $300? Those days are probably in the rear dude. We are in the consolidate and then inflate stage. Although, its Bitcoin, so who knows  Roll Eyes

I hope you're right, let's see what will happen next.
sr. member
Activity: 504
Merit: 250
July 23, 2016, 12:44:43 PM
#80
And now it seems overbought
i cannot say that it is overbought, the price still has a lot of potential to go up in my opinion and make us some good profit pretty soon
sr. member
Activity: 434
Merit: 250
July 23, 2016, 12:12:42 PM
#79
it is not overvalued at all, if anything bitcoin is undervalued right now. but $650 ish is a good price for bitcoin at this point and i believe that looking at the bigger picture with the long term rise starting from last year this is where bitcoin should be right now.

The number of users, the daily transaction indicates the bitcoin is rightly values. If the transactions double, its value will also double.

Where does that nonsense comes from? Transaction double, bitcoin value double?
If the amount of transactions double it means more people use bitcoin, with doesn't mean the price will go higher.
legendary
Activity: 2422
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
July 23, 2016, 10:59:42 AM
#78
it is not overvalued at all, if anything bitcoin is undervalued right now. but $650 ish is a good price for bitcoin at this point and i believe that looking at the bigger picture with the long term rise starting from last year this is where bitcoin should be right now.

The number of users, the daily transaction indicates the bitcoin is rightly values. If the transactions double, its value will also double.
legendary
Activity: 3444
Merit: 10558
July 20, 2016, 11:54:33 PM
#77
The bitcoin is not undervalued. It is the right price for the value. If there are more users, the price will rise.

I think so. If the price is $800 now, then it could be overvalued by $100. But 100 to 200 dollar difference is normal.

At this moment i find 650 a very good price.
1 year ago the price was dwelming around 250 dollar. Now it is up by 400 dollars. In time it will grow more but we have to be patient.

yeah, the price has increased much more and it is not decreased or overvalued, if we look at the price chart of last year, in the few last months we have sae doubling our money in bitcoin, and still these are said that the price in the coming weeks will increase more.

it is not overvalued at all, if anything bitcoin is undervalued right now. but $650 ish is a good price for bitcoin at this point and i believe that looking at the bigger picture with the long term rise starting from last year this is where bitcoin should be right now.
sr. member
Activity: 268
Merit: 250
July 20, 2016, 08:23:18 PM
#76
And now it seems overbought

Overbought? What are you smoking man? What do you think the price should be $300? Those days are probably in the rear dude. We are in the consolidate and then inflate stage. Although, its Bitcoin, so who knows  Roll Eyes
sr. member
Activity: 259
Merit: 250
July 20, 2016, 06:43:54 PM
#75
And now it seems overbought
hero member
Activity: 966
Merit: 517
July 20, 2016, 06:42:35 PM
#74
The bitcoin is not undervalued. It is the right price for the value. If there are more users, the price will rise.

I think so. If the price is $800 now, then it could be overvalued by $100. But 100 to 200 dollar difference is normal.

At this moment i find 650 a very good price.
1 year ago the price was dwelming around 250 dollar. Now it is up by 400 dollars. In time it will grow more but we have to be patient.

yeah, the price has increased much more and it is not decreased or overvalued, if we look at the price chart of last year, in the few last months we have sae doubling our money in bitcoin, and still these are said that the price in the coming weeks will increase more.
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