When Will Bitcoin Hit $3,000?
- Thread starter JeffGoldman
- Start date
That is completely irrelevant, since price has no relation to value. It is like TSLA, the intrinsic value of a TSLA stock is probably negative, yet the stock is above $310.
I assume you assume price will eventually get close to intrinsic value, but that could be a very long time (again see TSLA) and by then intrinsic value could change.
But if you ask me what range it will be, 1500-2500 in the next 6 months..
No. No need to assume anything. And nothing to with TSLA or anything else. I'd just like to see their intrinsic value calculation.
OK which would you choose. $100,000 cash handed to you in five years or the USD value of 40 Bitcoins handed to you in five years? I will take the Bitcoins.
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lovethetrade
Calculating a stock's intrinsic value and buying it at a discount is what made Buffett his billions.
Congrats to all who bought the overnight puke, I got filled at stupid prices in ETH and ETC. GNO traded ~100 at 1 point and is back at 200 now.
I'll make a statement here, notice how most people are talking about crypto and not trading: Losers keep watching the world go by. Winners are cashing in.
I'll make a statement here, notice how most people are talking about crypto and not trading: Losers keep watching the world go by. Winners are cashing in.
Should've ridden the wave by buying tops and selling bottoms all night..... I was more of an spectator this time around. Won't make that mistake again.
Is there a way to short bitcoin? Would be interesting to see correlations of bitcoin prices and hack attacks - I wonder if shorting after a ransomware like wannacry is a profitable strategy.
Bitcoin value went up during wannacry ransomware attack due to increased demand for bitcoin. You can short bitcoin at exchanges, poloniex, kraken, etc.
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lovethetrade
Everyone is a winner in hindsight. Call it before not after the event and you might get the respect you're after.
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