What Is Bitcoin Really Worth? Don’t Even Ask
Hello trader's ?
how are you all hope so every one happy because of market looking green last 3 days :P
"Dabbling in Bitcoin lies somewhere between gambling and investing.
"After all, true investing requires a rational appraisal of an asset’s value and that is simply not possible at present with Bitcoin. Real understanding of the economic issues underlying the cryptocurrency is almost nonexistent.
"It is not just that very few people really comprehend the technology behind Bitcoin. It is that no one can attach objective probabilities to the various possible outcomes of the current Bitcoin enthusiasm.
"How can we even start estimating the fundamental value of Bitcoin, with its astonishing market value of more than $275 billion? Any attempt will soon sound silly..
In short, the Bitcoin market is a marvelous case study in ambiguity and animal spirits. It is providing invaluable information about how millions of human brains process stimuli coming, in this case, from public acceptance, imagination, and innovation surrounding cryptocurrencies.
I personally think if it is a gamble, it's a hell of a smart one ;) I really don't see bitcoin going anywhere... I see it going down in price! like it always has... but it has always gone back up too ;) I see this trend lasting for another few years at the very least!
This is pretty interesting.. crypto's aren't really in any category like we have seen before. They are not stocks nor assets, somewhere in between. Just started following you, would appreciate a follow back if my content interests you as well :)
thank you surly i will follow you and visit you blog .
Big companies accumulating
Good time to get for longterm
If you are looking to put in PUT NOW , Don't wait :)
It is not exactly a walk in the park understanding the rudimentary nature of cryptocurrencies but since it is putting smiles on numerous faces, I don't see why really knowing all it encompasses matter.