Re:Bitcoin Drops Back Below $6,000 as 2018 Loss Approaches 60%
by sunir on Thursday June 28, 2018 @08:28AM
(#17416286)
That’s bubble investing. Watching the face value only.
Is the face value of Bitcoin higher or lower than its economic utility value?
What is the economic utility of Bitcoin? I think that is the real underlying unresolved question that creates volatility. The market is unclear and so can’t set a price objectively.
Is the face value of Bitcoin higher or lower than its economic utility value?
What is the economic utility of Bitcoin? I think that is the real underlying unresolved question that creates volatility. The market is unclear and so can’t set a price objectively.