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RE: Bitcoin soars toward $10,000 - ALL TIME HIGH

in #bitcoin7 years ago

Very interesting - and I fully agree. I think a Bitcoin level of $100,000 is possible since the financial society has not started to invest. The level is only a matter of demand and offer. Nothing else. Since Bitcoin does not produce any cash flow there cannot be an overvaluation comparable to that of a company valuation. But many people stick to their old asset valuation principles and have not understood that there is a difference.

But during the next months and years I expect that these people change their mind while Bitcoin levels with reach new highs.

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