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Title: [2015-06-07] Video: The Age of Factory Banking: What's A Bitcoin Worth? Post by: LiteCoinGuy on June 07, 2015, 12:09:26 PM The Age of Factory Banking: What's A Bitcoin Worth?
https://www.youtube.com/watch?v=tBeVd-kaGB4 Title: Re: [2015-06-07] Video: The Age of Factory Banking: What's A Bitcoin Worth? Post by: Kprawn on June 07, 2015, 12:59:22 PM The only truth we can take out of all of this is this : "In the internet of things, we want a quicker and improved payment alternative"
The formula they use there to calculate the value of Bitcoin is flawed. You cannot do a valuation of Bitcoin based on the percentage of people using it on a global basis. So if 20% of people in the world use Bitcoin and the total value of all payment methods is X... then the 20% is equal to...????? I like the valuation of $7500 ..... not the $ 11 925 over the last 25 years. ::) ... We can just dream. Title: Re: [2015-06-07] Video: The Age of Factory Banking: What's A Bitcoin Worth? Post by: LiteCoinGuy on June 08, 2015, 04:27:16 PM "$ 11 925 over the last 25 years..."
that seems pretty unlikely to me. it will be over 10k within the next 10-15 years or zero i guess. |