L'article analyse que l'offre de Bitcoins. ça veut dire que ce n'est pas forcément rentable de "miner" maintenant. Ce qui définit le prix des Bitcoins c'est surtout la demande pour les bitcoins. Pour que les prix montent il faut stimuler la demande ça sert a rien de calculer le prix intrinsèque d'un Bitcoin si les gens ne sont pas près a y mettre le prix.

Since it is a decentralized money System, which is not attached to any other asset or controlled by any government, it is really hard to evaluate the right price of a Bitcoin and the Market is still very inefficient.

There is a lack of Market-infrastructure since currency investors have no easy way to bet against Bitcoin’s appreciation, skeptics can only watch as optimists trade the currency among themselves at ever-rising prices.This is what happened in 2014 when Bitcoin peaked.

Now with all the consecutive Market failures and the lack of regulatory framework people start to doubt about the viablity of Bitcoin in our current Monetary System. The adoption of the Bitcoin by the mainstream, or businesses, will determine the viability and future prices of Bitcoins.