no.
value comes from more people and more use. not enough of either is here yet.
almost all of the price is in anticipation of more of the above.
in terms of future potential you could possibly say that. but then again if the potential goes unfulfilled you could say it's ridiculously overvalued right now.
Topic: Is Bitcoin currently massively undervalued? - page 4. (Read 2467 times)
I think there is still a level of mistrust in the community towards the miners and how the two sides are going to react, once
everything falls into place. A guy like Jihan, is still on a power trip and he wants his own JihanCoin. The solution might also
just be temporary, depending on how these miners wants to shift their weight.
everything falls into place. A guy like Jihan, is still on a power trip and he wants his own JihanCoin. The solution might also
just be temporary, depending on how these miners wants to shift their weight.
Maybe in 10 years people will say ' I wish I invested in bitcoin back in 2017' 
I think bitcoin is undervalued. Just look at the news about bitcoin every day there are new projects where you can pay with bitcoin.
The past few days/weeks has consisted of much uncertainty within the Bitcoin market due to the fact that people were unsure of whether or not a split was going to occur in Bitcoin.
However, when a large amount of support was shown for Segwit2x the value of Bitcoin suddenly soared upwards again.
This makes sense because it helped clear some of the uncertainty about what was going to happen to Bitcoin.
But, the value of Bitcoin has currently stopped skyrocketing and is now starting to level out again - near the peak price of the end of June.
This all makes sense but I am confused because, surely, now that Bitcoin has provided a solution to its scalability problem, shouldn't it be worth more than what it was at the end of June?
Also, some of you may say that the community is still a little uneasy about whether or not the miners will adopt BIP 141 (Segwit) but, based on statistics given by CoinDance, 97.7% of the past 144 blocks support BIP 141 (Segwit) so there shouldn't really be an issue there.
P.s I am new here so sorry if I have missed something or come across as naïve
However, when a large amount of support was shown for Segwit2x the value of Bitcoin suddenly soared upwards again.
This makes sense because it helped clear some of the uncertainty about what was going to happen to Bitcoin.
But, the value of Bitcoin has currently stopped skyrocketing and is now starting to level out again - near the peak price of the end of June.
This all makes sense but I am confused because, surely, now that Bitcoin has provided a solution to its scalability problem, shouldn't it be worth more than what it was at the end of June?
Also, some of you may say that the community is still a little uneasy about whether or not the miners will adopt BIP 141 (Segwit) but, based on statistics given by CoinDance, 97.7% of the past 144 blocks support BIP 141 (Segwit) so there shouldn't really be an issue there.
P.s I am new here so sorry if I have missed something or come across as naïve
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