Topic: Bitcoin Undervalued By Over $200 - page 5. (Read 5026 times)
It is not undervalued, it has just the value that people wants it to have (I mean the consensus of people). Bitcoin was created for the people who owns it in a very real sense, and they establish it value.
It's crashing and you're thinking it's undervalued?
Nope. It's worth exactly what people are willing to pay for it. And nowadays it looks like people rather want to get rid of it than pay for it to get more.
I agree. people waiting for the moment it happened, because when that happens they will buy it and wait for the high price that they get higher profits Nope. It's worth exactly what people are willing to pay for it. And nowadays it looks like people rather want to get rid of it than pay for it to get more.
It's crashing and you're thinking it's undervalued?
Nope. It's worth exactly what people are willing to pay for it. And nowadays it looks like people rather want to get rid of it than pay for it to get more.
Nope. It's worth exactly what people are willing to pay for it. And nowadays it looks like people rather want to get rid of it than pay for it to get more.
Ah, I think I'm beginning to understand why your posts always seem so apocalyptic. That word, "crash" - it does not mean what you appear to think it means. Take a look at reality for a minute: http://bitcoincharts.com/charts/bitstampUSD#rg2zigDailyzczsg2016-01-12zeg2016-03-30ztgSzbgBzm1g10zm2g25zl See how mid-January there was a sudden, large drop in price - within just one day? Over 15% in one day! Now look at the past few days - notice how there isn't a sudden, large drop in price? We've not even fallen 5% in three days!
Meh, crash.
It's crashing and you're thinking it's undervalued?
Nope. It's worth exactly what people are willing to pay for it. And nowadays it looks like people rather want to get rid of it than pay for it to get more.
Nope. It's worth exactly what people are willing to pay for it. And nowadays it looks like people rather want to get rid of it than pay for it to get more.
it make sense to have $600 of value within this year, it was the prediction of almost anyone here, maybe even a bit more, toward 700
this is also in line with the profit that is needed for the miner to face the halving, but this does not mean that it will not be a new peak late in this year
this is also in line with the profit that is needed for the miner to face the halving, but this does not mean that it will not be a new peak late in this year
If BTC was meant to be at $600, then it would be
In my opinion, the whole concept of something being overvalued or undervalued is erroneous. The market is always right.
When those in control are ready to begin their buying spree, they will. When they are ready to cash out and send the price crashing down, they will.
Everything else is white noise
Yeah, totally not true and that's why Warren Buffett makes money. Also, the internet bubble and all the other bubbles argue against markets always being right. If someone is charging $1000 for a toaster--even if someone pays it--is it overpriced? In my opinion, the whole concept of something being overvalued or undervalued is erroneous. The market is always right.
When those in control are ready to begin their buying spree, they will. When they are ready to cash out and send the price crashing down, they will.
Everything else is white noise
Not sure about bitcoin though and I'm not really sure how anyone can put a true value on it. In that you are correct, if it was supposed to be $600 it already would be.
That investment company can say whatever it wants.
Fact is the market dictates the price.
Supply and demand.And not some number pulled out of the pocket by some individuals.
Very poor article!
And nothing against Barry and his GBTC. But when I should get into Bitcoin, like they say, I would of course Bitcoin directly.
Fact is the market dictates the price.
Supply and demand.And not some number pulled out of the pocket by some individuals.
Very poor article!
And nothing against Barry and his GBTC. But when I should get into Bitcoin, like they say, I would of course Bitcoin directly.
I have never heard of any Bitcoin Investment Trust till now. Yeah why would I want to buy shares in an investment firm when I could be buying real Bitcoins and having complete control over my investment. Is this geared towards big shot speculators who want to play the market? I only agree with their statement that Bitcoin is undervalued. I would be happy with $500 per coin nevertheless. Maybe we will reach the $600 threshold after the halving who knows.
A lot of people who try to learn about bitcoin by themselves, get confused really fast. It's way too much information for them. It's basically meant for dumbfuck investors.I bet they'd find bitcoin way more fun and promising if they'd actually give it some effort and play around with it.
Your view of investors might be limiting your ability to reach out to them effectively.
I have never heard of any Bitcoin Investment Trust till now. Yeah why would I want to buy shares in an investment firm when I could be buying real Bitcoins and having complete control over my investment. Is this geared towards big shot speculators who want to play the market? I only agree with their statement that Bitcoin is undervalued. I would be happy with $500 per coin nevertheless. Maybe we will reach the $600 threshold after the halving who knows.
A lot of people who try to learn about bitcoin by themselves, get confused really fast. It's way too much information for them. It's basically meant for dumbfuck investors.I bet they'd find bitcoin way more fun and promising if they'd actually give it some effort and play around with it.
Bitcoin is not backed by anything , so its price is determined by supply and demad .No body can fix it 
. Its always right.
. Its always right. 
I have never heard of any Bitcoin Investment Trust till now. Yeah why would I want to buy shares in an investment firm when I could be buying real Bitcoins and having complete control over my investment. Is this geared towards big shot speculators who want to play the market? I only agree with their statement that Bitcoin is undervalued. I would be happy with $500 per coin nevertheless. Maybe we will reach the $600 threshold after the halving who knows.
If BTC was meant to be at $600, then it would be
In my opinion, the whole concept of something being overvalued or undervalued is erroneous. The market is always right.
When those in control are ready to begin their buying spree, they will. When they are ready to cash out and send the price crashing down, they will.
Everything else is white noise
In my opinion, the whole concept of something being overvalued or undervalued is erroneous. The market is always right.
When those in control are ready to begin their buying spree, they will. When they are ready to cash out and send the price crashing down, they will.
Everything else is white noise
Interesting valuation and yes, I agree 
However I would never buy shares of a bank when I can actually own the real thing.
http://www.coindesk.com/bitcoin-undervalued-200-needham-report/
However I would never buy shares of a bank when I can actually own the real thing.
http://www.coindesk.com/bitcoin-undervalued-200-needham-report/
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