The Winklevoss twins did some calculations and said that Bitcoin is supposed to be in the ten thousands range.
Here, this article on CNBC talks about the Winklevoss twins stating that the price is supposed to be atleast 100 times what it is now.
http://www.cnbc.com/id/101190181
Topic: Why Bitcoin will not go past $1000 - page 3. (Read 3191 times)
Are there actually any good resources/posts/articles determining the price from some kind of actual vaguely scientific economic perspective?
e.g. if bitcoin has X use as a currency, it will be valued as Y... etc... and preferably with comparisons to today's usage and growth rate (i.e. actual -facts- rather than percentages pulled out of the air). What its underlying value is as opposed to what stupid heights speculators may drive it to.
It would be nice to get a compilation of such thoughts/articles.
...
from my purely unscientific perspective, it'll surely go way past $1000, the only question is when. This year, next year, or the next decade?
e.g. if bitcoin has X use as a currency, it will be valued as Y... etc... and preferably with comparisons to today's usage and growth rate (i.e. actual -facts- rather than percentages pulled out of the air). What its underlying value is as opposed to what stupid heights speculators may drive it to.
It would be nice to get a compilation of such thoughts/articles.
...
from my purely unscientific perspective, it'll surely go way past $1000, the only question is when. This year, next year, or the next decade?
TO DA MOON
Is my answer to that
Is my answer to that
http://www.btcfeed.net/speculation/why-bitcoin-will-not-go-to-1000/
What do you guys think? Will it go past or no.
What do you guys think? Will it go past or no.
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