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Author Topic: Bitcoin Market Not A Bubble And Still Highly Undervalued  (Read 1109 times)
happyface
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April 08, 2013, 10:13:54 PM
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Once the bitcoin market crossed a billion dollar capitalization, sentiment of bubbles spiked in the public discourse despite no one citing any comparable metric to build a case off of.

http://seekingalpha.com/article/1327731-bitcoin-market-not-a-bubble-and-still-highly-undervalued

Basically the idea is that the bitcoin market is still smaller than the much less successful digital gold currency market. In this sense, bitcoin are not in a bubble as most people proclaim without presenting a metric.
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