Why BTC is tremendously undervalued

[bitcoinbrokeragegroup1]

Lately we have seen an increased demand for tremendously large blocks of Bitcoin. So much so, that we can't keep up with the volume that people and organizations are requesting. So what are the underlying factors?
One reason is that cryptos, and BTC is king there, are gaining respect with the financial hedgers in Europe, Asia and the United States. We have seen new exchanges opening here and overseas. The SEC has requests from several companies to offer exchange traded funds invested in Bitcoin futures. Hedge funds, investment banks, trust companies and investment advisors are all looking to fill the needs of their top clients. After all, we are all in it for the money.
But go a little deeper and follow the trend that BTC and crypto have taken for the last ten years. They have doubled, most of them, and most likely will continue to do so, according to the BTC pundits. And why not? People love to speculate, and this can be more lucrative than gambling in the stock market or gambling in a casino. And with the liquidity that the exchanges provide, one can go shopping with their Bitcoin card at many shops and online. And quite a few real estate companies now accept BTC as a purchase vehicle.
With all the demand, the mainstream financials wanting to be involved, the acceptance for purchasing goods to homes, and the thrill of the possibility of making a nice return, it certainly seems that BTC and cryptos are tremendously undervalued. Time will tell, the volatility will be there, it won't be boring, and we will be moving into the future, whatever it may be.

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[welliamy]

Lately we have seen an increased demand for tremendously large blocks of Bitcoin. So much so, that we can't keep up with the volume that people and organizations are requesting. So what are the underlying factors?
One reason is that cryptos, and BTC is king there, are gaining respect with the financial hedgers in Europe, Asia and the United States. We have seen new exchanges opening here and overseas. The SEC has requests from several companies to offer exchange traded funds invested in Bitcoin futures. Hedge funds, investment banks, trust companies and investment advisors are all looking to fill the needs of their top clients. After all, we are all in it for the money.
But go a little deeper and follow the trend that BTC and crypto have taken for the last ten years. They have doubled, most of them, and most likely will continue to do so, according to the BTC pundits. And why not? People love to speculate, and this can be more lucrative than gambling in the stock market or gambling in a casino. And with the liquidity that the exchanges provide, one can go shopping with their Bitcoin card at many shops and online. And quite a few real estate companies now accept BTC as a purchase vehicle.
With all the demand, the mainstream financials wanting to be involved, the acceptance for purchasing goods to homes, and the thrill of the possibility of making a nice return, it certainly seems that BTC and cryptos are tremendously undervalued. Time will tell, the volatility will be there, it won't be boring, and we will be moving into the future, whatever it may be.

Bitcoin certain uses that are very unique that no other currencies allows.
As the value goes up start to swivel and skeptics begin to soften.
This new currency is easy.anyone can do it getting people to accept it
Because bitcoin that gives money value.

[Pinoyfan]

Lately we have seen an increased demand for tremendously large blocks of Bitcoin. So much so, that we can't keep up with the volume that people and organizations are requesting. So what are the underlying factors?
One reason is that cryptos, and BTC is king there, are gaining respect with the financial hedgers in Europe, Asia and the United States. We have seen new exchanges opening here and overseas. The SEC has requests from several companies to offer exchange traded funds invested in Bitcoin futures. Hedge funds, investment banks, trust companies and investment advisors are all looking to fill the needs of their top clients. After all, we are all in it for the money.
But go a little deeper and follow the trend that BTC and crypto have taken for the last ten years. They have doubled, most of them, and most likely will continue to do so, according to the BTC pundits. And why not? People love to speculate, and this can be more lucrative than gambling in the stock market or gambling in a casino. And with the liquidity that the exchanges provide, one can go shopping with their Bitcoin card at many shops and online. And quite a few real estate companies now accept BTC as a purchase vehicle.
With all the demand, the mainstream financials wanting to be involved, the acceptance for purchasing goods to homes, and the thrill of the possibility of making a nice return, it certainly seems that BTC and cryptos are tremendously undervalued. Time will tell, the volatility will be there, it won't be boring, and we will be moving into the future, whatever it may be.

I think its because of those bitcoin whales they controlling the value of Cryptocurrencies. Those whales are one of the biggest factors of every cryptocurrencies and the other one is government. They controlling the value bitcoin was dumped right now and some other dont trust bitcoin cause didnt know how bitcoin whales works.

[DonateBB]

As there are so many potential coins appearing, they have more advantages over BTC and have stole market share with BTC, many investors have abandoned the BTC switch to hold the other altcoin.

[jseverson]

Lately we have seen an increased demand for tremendously large blocks of Bitcoin. So much so, that we can't keep up with the volume that people and organizations are requesting. So what are the underlying factors?

Wait what? Increased demand for bigger blocks? What do you mean by that? People demanding a block size increase, or blocks just filling up in general? Fees have been pretty low for a while now, barring a few brief periods of spikes, so there shouldn't be any problems with transaction volume in general.

Can't keep up with the volume of demand? If that were true, we'd be on a tremendously bullish run, but instead we're stuck in a somewhat bearish market.

[Dudeperfect]

Well, I believe that not only the outsiders but also there are some insiders who have not realized the hidden potential of Bitcoin and cryptocurrencies. There is a high amount of uncertainty and doubt about it among the people and that's the reason why most of the people are not getting involved with it. On the other hand, Bitcoin has the potential to serve the entire globe when it comes to the fund transfer needs so considering this difference, Bitcoin is far undervalued at this point.

[ArteMixer]

For now most people it is a scam, as it is decently new. All of the scams like BitConnect (great meme) had an influence on people and their trust to the blockchain technology in general, so we just need patience.

[joebrook]

For now most people it is a scam, as it is decently new. All of the scams like BitConnect (great meme) had an influence on people and their trust to the blockchain technology in general, so we just need patience.

Bitcoin is not undervalued just like any investment it’s the falls under the supply and demand scenario where which actually determines the value of bitcoin.

[carter34]

As there are so many potential coins appearing, they have more advantages over BTC and have stole market share with BTC, many investors have abandoned the BTC switch to hold the other altcoin.

  Could you give out the information of those coins  apart from etheruem and litecoin. If the coins have potential and cheap, let me hear them. Thanks.

[thetruth123123]

Nevermind, it will became more and more valuable at the time that more and more people are coming in interest of crypto!

[darkangel11]

Although I agree with you about it being undervalued, we can't really base our prediction on the fact that people like to speculate and will keep BTC going. What makes you think that they will choose BTC while having multiple other options like forex, startups and so on? BTC is great but it's not going to stay alive just because people will want to bet on it. It needs to maintain its role of a store of value, a digital gold.

[hugeblack]

I agree with you that all cryptocurrencies are worth less than their value "tremendously undervalued" but that does not mean it will be All-Time-High.
Technically, the development of such a lightning network may lead to a demonstration of the real power of cheap, reliable and universal digital payments"Revaluation of the value of cryptos."
It's a shame to look for bitcoin for just the price.

[Rossy Akbar]

I mean that's the thing why bitcoin was so unpredictable and so risky, I don't know exactly what happens about the price tremendously undervalued, some says it just the part of bitcoin system, well just trust in your faith tho, we all can pass this challenge.

[wantjokull]

I see this matter in complete different way.

I dont think they are undervalued currencies (including BTC) but they are just under appreciated one! Now that makes complete sense why they are not having the value that they should have. We see news coming all over the globe that this government is against BTC, that government is against the alts, they dont want to hire the blockchain within their nation and much more things which are hoax and not giving any opportunity for the BTC to develop at full scale with lightening speed. If that continues then I am sure they will be undervalued ever!

[amishmanish]

Past results are no guarantee for future performance. So saying that because they have increased in the last 10 years and so will continue to increase is naive at best.

The value increase has to come from adoption, usage and acceptance. That is the only way this has ever grown or will grow. The governments are still not done trying to somehow either control or destroy it. That is the reason we hear government created FUD all the time. The market falls but then recovers. As this resilience gets proven again and again, you can be sure that more serious players will continue entering.

The development of Lightning network's capacity will also be a big boon as it will allow more and more people to opt for BTC for micropayments. Solving micropayments and making their usage feasible as the currency of internet is in my opinion, the most needed and most bullish use case.

[Idrisu]

Most of the attack against cryptocurrencies is direct attack on bitcoin and this actually affect it pricing.  I also believe that bitcoin is going to be the greatest beneficiary of the future pump. If governments is going to used blockchain technology bitcoin is going to be the greatest beneficiary.

[Don Pedro Dinero]

Bitcoin is not undervalued just like any investment it’s the falls under the supply and demand scenario where which actually determines the value of bitcoin.

You are confusing value and price, which is a common mistake. Value is a theoretical concept and price is a fact. Price can be calculated, value can only be guessed.

Value investors buy assets when their guessed value is higher than the price.

[aso118]

For now most people it is a scam, as it is decently new. All of the scams like BitConnect (great meme) had an influence on people and their trust to the blockchain technology in general, so we just need patience.

This might have been the view in 2011-12, when Bitcoin was brand new. I do not think anybody considers it a scam now. They may consider it as an internet novelty to be avoided, not a scam. Nobody in their right mind would club Bitcoin and Bitconnect together.

[St4yInTh3D4rk]

Most of the attack against cryptocurrencies is direct attack on bitcoin and this actually affect it pricing.  I also believe that bitcoin is going to be the greatest beneficiary of the future pump. If governments is going to used blockchain technology bitcoin is going to be the greatest beneficiary.

It just only create temporary price movements in the crypto currency but it doesn't determines the value of the bitcoin.Yes in future the bitcoin is going to rule the money system but implementing blockchain technology is differs from bitcoin which doesn't make any benefit for bitcoin.

[Getcoinsite]

Well, I believe that not only the outsiders but also there are some insiders who have not realized the hidden potential of Bitcoin and cryptocurrencies. There is a high amount of uncertainty and doubt about it among the people and that's the reason why most of the people are not getting involved with it. On the other hand, Bitcoin has the potential to serve the entire globe when it comes to the fund transfer needs so considering this difference, Bitcoin is far undervalued at this point.

Because even we accepted or not,but many of the member of this community dont really know what's blockchain is all about,they only know about the volatility and the potentials of generating income by investing or buying bitcoins or maybe some other altcoins.

They were just here like a gambler,they will bet money,and wait for the win but suddenly they loss then its the time to throw negativity about this market specially bitcoin