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Topic: Why BTC is tremendously undervalued - page 4. (Read 616 times)

member
Activity: 280
Merit: 10
May 15, 2018, 05:02:02 PM
#10
Nevermind, it will became more and more valuable at the time that more and more people are coming in interest of crypto!
member
Activity: 1302
Merit: 25
May 15, 2018, 04:51:32 PM
#9
As there are so many potential coins appearing, they have more advantages over BTC and have stole market share with BTC, many investors have abandoned the BTC switch to hold the other altcoin.

 Roll Eyes Could you give out the information of those coins  apart from etheruem and litecoin. If the coins have potential and cheap, let me hear them. Thanks.
sr. member
Activity: 644
Merit: 259
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May 15, 2018, 04:07:53 PM
#8
For now most people it is a scam, as it is decently new. All of the scams like BitConnect (great meme) had an influence on people and their trust to the blockchain technology in general, so we just need patience.
Bitcoin is not undervalued just like any investment it’s the falls under the supply and demand scenario where which actually determines the value of bitcoin.
newbie
Activity: 154
Merit: 0
May 15, 2018, 02:33:10 PM
#7
For now most people it is a scam, as it is decently new. All of the scams like BitConnect (great meme) had an influence on people and their trust to the blockchain technology in general, so we just need patience.
hero member
Activity: 1190
Merit: 534
May 15, 2018, 01:07:45 PM
#6
Well, I believe that not only the outsiders but also there are some insiders who have not realized the hidden potential of Bitcoin and cryptocurrencies. There is a high amount of uncertainty and doubt about it among the people and that's the reason why most of the people are not getting involved with it. On the other hand, Bitcoin has the potential to serve the entire globe when it comes to the fund transfer needs so considering this difference, Bitcoin is far undervalued at this point.
hero member
Activity: 1834
Merit: 759
May 15, 2018, 12:53:01 PM
#5
Lately we have seen an increased demand for tremendously large blocks of Bitcoin. So much so, that we can't keep up with the volume that people and organizations are requesting. So what are the underlying factors?

Wait what? Increased demand for bigger blocks? What do you mean by that? People demanding a block size increase, or blocks just filling up in general? Fees have been pretty low for a while now, barring a few brief periods of spikes, so there shouldn't be any problems with transaction volume in general.

Can't keep up with the volume of demand? If that were true, we'd be on a tremendously bullish run, but instead we're stuck in a somewhat bearish market.
newbie
Activity: 210
Merit: 0
May 14, 2018, 10:28:35 PM
#4
As there are so many potential coins appearing, they have more advantages over BTC and have stole market share with BTC, many investors have abandoned the BTC switch to hold the other altcoin.
member
Activity: 308
Merit: 10
May 14, 2018, 10:11:41 PM
#3
Lately we have seen an increased demand for tremendously large blocks of Bitcoin. So much so, that we can't keep up with the volume that people and organizations are requesting. So what are the underlying factors?
One reason is that cryptos, and BTC is king there, are gaining respect with the financial hedgers in Europe, Asia and the United States. We have seen new exchanges opening here and overseas. The SEC has requests from several companies to offer exchange traded funds invested in Bitcoin futures. Hedge funds, investment banks, trust companies and investment advisors are all looking to fill the needs of their top clients. After all, we are all in it for the money.
But go a little deeper and follow the trend that BTC and crypto have taken for the last ten years. They have doubled, most of them, and most likely will continue to do so, according to the BTC pundits. And why not? People love to speculate, and this can be more lucrative than gambling in the stock market or gambling in a casino. And with the liquidity that the exchanges provide, one can go shopping with their Bitcoin card at many shops and online. And quite a few real estate companies now accept BTC as a purchase vehicle.
With all the demand, the mainstream financials wanting to be involved, the acceptance for purchasing goods to homes, and the thrill of the possibility of making a nice return, it certainly seems that BTC and cryptos are tremendously undervalued. Time will tell, the volatility will be there, it won't be boring, and we will be moving into the future, whatever it may be.

I think its because of those bitcoin whales they controlling the value of Cryptocurrencies. Those whales are one of the biggest factors of every cryptocurrencies and the other one is government. They controlling the value bitcoin was dumped right now and some other dont trust bitcoin cause didnt know how bitcoin whales works.
jr. member
Activity: 78
Merit: 5
May 14, 2018, 06:37:38 PM
#2
Lately we have seen an increased demand for tremendously large blocks of Bitcoin. So much so, that we can't keep up with the volume that people and organizations are requesting. So what are the underlying factors?
One reason is that cryptos, and BTC is king there, are gaining respect with the financial hedgers in Europe, Asia and the United States. We have seen new exchanges opening here and overseas. The SEC has requests from several companies to offer exchange traded funds invested in Bitcoin futures. Hedge funds, investment banks, trust companies and investment advisors are all looking to fill the needs of their top clients. After all, we are all in it for the money.
But go a little deeper and follow the trend that BTC and crypto have taken for the last ten years. They have doubled, most of them, and most likely will continue to do so, according to the BTC pundits. And why not? People love to speculate, and this can be more lucrative than gambling in the stock market or gambling in a casino. And with the liquidity that the exchanges provide, one can go shopping with their Bitcoin card at many shops and online. And quite a few real estate companies now accept BTC as a purchase vehicle.
With all the demand, the mainstream financials wanting to be involved, the acceptance for purchasing goods to homes, and the thrill of the possibility of making a nice return, it certainly seems that BTC and cryptos are tremendously undervalued. Time will tell, the volatility will be there, it won't be boring, and we will be moving into the future, whatever it may be.






Bitcoin certain uses that are very unique that no other currencies allows.
As the value goes up start to swivel and skeptics begin to soften.
This new currency is easy.anyone can do it getting people to accept it
Because bitcoin that gives money value.
jr. member
Activity: 30
Merit: 4
May 14, 2018, 03:27:18 PM
#1
Lately we have seen an increased demand for tremendously large blocks of Bitcoin. So much so, that we can't keep up with the volume that people and organizations are requesting. So what are the underlying factors?
One reason is that cryptos, and BTC is king there, are gaining respect with the financial hedgers in Europe, Asia and the United States. We have seen new exchanges opening here and overseas. The SEC has requests from several companies to offer exchange traded funds invested in Bitcoin futures. Hedge funds, investment banks, trust companies and investment advisors are all looking to fill the needs of their top clients. After all, we are all in it for the money.
But go a little deeper and follow the trend that BTC and crypto have taken for the last ten years. They have doubled, most of them, and most likely will continue to do so, according to the BTC pundits. And why not? People love to speculate, and this can be more lucrative than gambling in the stock market or gambling in a casino. And with the liquidity that the exchanges provide, one can go shopping with their Bitcoin card at many shops and online. And quite a few real estate companies now accept BTC as a purchase vehicle.
With all the demand, the mainstream financials wanting to be involved, the acceptance for purchasing goods to homes, and the thrill of the possibility of making a nice return, it certainly seems that BTC and cryptos are tremendously undervalued. Time will tell, the volatility will be there, it won't be boring, and we will be moving into the future, whatever it may be.
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