[2016-03-30] CD: Bitcoin Undervalued By Over $200, Investment Bank Report Finds

[LiteCoinGuy]

Bitcoin Undervalued By Over $200, Investment Bank Report Finds

Investment bank and asset management firm Needham & Company has released a report that concludes that bitcoin is currently undervalued by 58% based on today's price.

http://www.coindesk.com/bitcoin-undervalued-200-needham-report/

[a7mos]

this report may motivate more people to invest in bitcoin. and that means new blood for bitcoin market and prices may start rising.

[richardsNY]

this report may motivate more people to invest in bitcoin. and that means new blood for bitcoin market and prices may start rising.

One says the price is over valued, and the other says it's under valued. High profile Bitcoiners as the Winklevoss brothers have said one Bitcoin to be worth $100,000 at some point in the future. It's insanity. These articles don't have much value.

[RealBitcoin]

Segwit
Blockhalving
Openbazaar

What are you waiting for folks, of course the price is undervalued!

[BellaBitBit]

It is absolutely undervalued and that figure seems good.  It seems safe haven assets like precious metals are usually undervalued until needed.

[1Referee]

The price is definitely not undervalued. Don't people look at important aspects of the market anymore? It's amazing that the price kept its position above $400 with too much supply flowing into the market every day.

[LiteCoinGuy]

uᴉoɔʇᴉq i guess that an april fool