Re:Bitcoin Futures Could Open the Floodgates for Institution...
by dharma1 on Tuesday October 31, 2017 @07:07PM
(#15597441)
I think bitcoin could go a lot higher since the supply is limited and as of yet there hasn't been an easy way for institutional investors to buy into it.
But at the same time I don't think the comparison to Facebook or any other listed stock is apt - they trade at a multiple of earnings, you can base the valuation on some underlying fundamental. That is not the case with bitcoin
But at the same time I don't think the comparison to Facebook or any other listed stock is apt - they trade at a multiple of earnings, you can base the valuation on some underlying fundamental. That is not the case with bitcoin