Bitcoin is seriously undervalued; is worth $454 today

[101111]

Given the prevailing ecosystem, Bitcoin could conservatively IPO at usd$5Billion. Divide by 11mill btc = $454 each.

Yes I know it can't IPO, this is just a relative comparison.

[w00t]

I could not understand a thing as well what OP was saying. Yes details would be useful

[101111]

Ok, this is the speculation thread, and clearly this is wild ass speculation, so I'll leave it to your imagination where the numbers some from. It's a rough attempt to assign bitcoin a market value as if it were a publicly listed company.

Supposing one where to create Bitcoin Inc. which would comprise the bitcoin IP, the network, the miners, exchanges, etc. and an initial stock of 11mill shares with another 11mill to be created over time until year 2140. You decide to float now to take advantage of the momentum. How much do you think you could raise?

My estimate is usd$5billion at the lower end. This is based on actual IPO's over the past 10yrs, and given I am often surprised at the size some of some IPO's, I think I am being conservative.

So 11million 'shares' * $454 = $5Billion.

[naphto]

Ok, this is the speculation thread, and clearly this is wild ass speculation, so I'll leave it to your imagination where the numbers some from. It's a rough attempt to assign bitcoin a market value as if it were a publicly listed company.

Supposing one where to create Bitcoin Inc. which would comprise the bitcoin IP, the network, the miners, exchanges, etc. and an initial stock of 11mill shares with another 11mill to be created over time until year 2140. You decide to float now to take advantage of the momentum. How much do you think you could raise?

My estimate is usd$5billion at the lower end. This is based on actual IPO's over the past 10yrs, and given I am often surprised at the size some of some IPO's, I think I am being conservative.

So 11million 'shares' * $454 = $5Billion.

Ok, so if I assume it is worth 22 million, then 1 btc is worth 2 usd, and it is seriously overrated.

[ruski]

Ok, this is the speculation thread, and clearly this is wild ass speculation, so I'll leave it to your imagination where the numbers some from. It's a rough attempt to assign bitcoin a market value as if it were a publicly listed company.

Supposing one where to create Bitcoin Inc. which would comprise the bitcoin IP, the network, the miners, exchanges, etc. and an initial stock of 11mill shares with another 11mill to be created over time until year 2140. You decide to float now to take advantage of the momentum. How much do you think you could raise?

My estimate is usd$5billion at the lower end. This is based on actual IPO's over the past 10yrs, and given I am often surprised at the size some of some IPO's, I think I am being conservative.

So 11million 'shares' * $454 = $5Billion.

These numbers brought to you by the omniscient trinity of cheeks, ring and nuggets.

[101111]

Ok, so if I assume it is worth 22 million, then 1 btc is worth 2 usd, and it is seriously overrated.

yes. is that what you think it's worth?

[naphto]

Ok, so if I assume it is worth 22 million, then 1 btc is worth 2 usd, and it is seriously overrated.

yes. is that what you think it's worth?

I was just showing that your reasoning is false.

[Kazu]

This thread is super random.

[cbeast]

Bitcoin would have IPOd at $5B two years ago. With all the cool development like Armory, Trezor (and other wallet devices),  Casascius Tools, Blockchain.info, etc., Bitcoin should be valued at over $20B.

[101111]

Ok, so if I assume it is worth 22 million, then 1 btc is worth 2 usd, and it is seriously overrated.

yes. is that what you think it's worth?

I was just showing that your reasoning is false.

geez, lighten up

[Gordonium]

Bitcoin should be valued at least at  1 trillion $.

[naphto]

Bitcoin should be valued at least at  1 trillion $.

If you truly believe that, I can sell you some really underpriced (10k usd each).

[Bro]

Paypal sold for only 1.5B

[Gordonium]

Bitcoin should be valued at least at  1 trillion $.

If you truly believe that, I can sell you some really underpriced (10k usd each).

Althought I believe that why would I pay you that when I can get cheaper coins from normal exchanges?

[awakening]

Bitcoin should be valued at least at  1 trillion $.

If you truly believe that, I can sell you some really underpriced (10k usd each).

Althought I believe that why would I pay you that when I can get cheaper coins from normal exchanges?

 

[Gordonium]

Bitcoin should be valued at least at  1 trillion $.

If you truly believe that, I can sell you some really underpriced (10k usd each).

Althought I believe that why would I pay you that when I can get cheaper coins from normal exchanges?

 

I don't see what is so funny about that. I believe that one should buy more Bitcoins even when price will be 10k$ but ofcourse I buy first cheaper coins if available.

[Wuji]

I'm going to give you the best bargain of your life.  All the bitcoin you want right now for $300.   That is $154 of free value.  If you buy 1000 just think, you are getting $154,000.  PM when you are ready to trade.  I take USD.

[glub0x]

Given the prevailing ecosystem, Bitcoin could conservatively IPO at usd$5Billion. Divide by 11mill btc = $454 each.

Yes I know it can't IPO, this is just a relative comparison.

Go to your bank
borrow as much as you can
buy as much as you can under $453
enjoy profit

otherwise, you have some mental disorder

[MAbtc]

wat

[Gordonium]

I'm going to give you the best bargain of your life.  All the bitcoin you want right now for $300.   That is $154 of free value.  If you buy 1000 just think, you are getting $154,000.  PM when you are ready to trade.  I take USD.

Are you special kind of stupid or what? I can get all the coins I want cheaper from MtGox. Why on earth would I bought some from you? That has nothing to do with the fact that I am sure that they are more valuable than even your price. If couldnt get enough coins from elsewhere cheaper, sure then I would buy from you.