Thanks for replying. I certainly wouldn't expect some real wall street analyst to "cover" Bitcoin, but I figured someone's been tracking prices, major industry developments and other metrics.
There's a ton of talk on this forum about the price "definitely" going up and there's literally zero fact provided to support those claims.
With this thread I was hoping someone would be able to share there fact-based analysis.
Anyone else out there?
Topic: Where's the BTC investment performance analysis? (Read 798 times)
I think that bitcoin is generally too small of a niche to be covered by most "real"/professional analysis. As the market cap of bitcoin increases it will likely be covered by more investment banks, however even then it would be difficult for them to figure out what is an "appropriate" price as an owner of bitcoin would not receive any earnings except for their potential profit from appreciation if/when they sell.
Where's the Bitcoin investment performance analysis?
There are a lot of threads around that ask if Bitcoin is a good investment or what will happen to the price, and the responses to those questions overwhelmingly start with "I think..."
A stranger saying "I think" isn't a good reason to "invest" in Bitcoin. It's all opinion!
But I'm sure there are some folks doing good technical analysis of Bitcoin price trends (using what they can from commodity price analysis) or adoption rates or mining rates or other metrics I'm not even aware of.
If you people are out there, please wave your hand, I'm interested in reading your work!
Thanks.
There are a lot of threads around that ask if Bitcoin is a good investment or what will happen to the price, and the responses to those questions overwhelmingly start with "I think..."
A stranger saying "I think" isn't a good reason to "invest" in Bitcoin. It's all opinion!
But I'm sure there are some folks doing good technical analysis of Bitcoin price trends (using what they can from commodity price analysis) or adoption rates or mining rates or other metrics I'm not even aware of.
If you people are out there, please wave your hand, I'm interested in reading your work!
Thanks.
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