Bitcoinjheta
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May 16, 2018, 07:51:24 AM |
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One of the things makes the bitcoin tremendously undervalued its because of FUD information making other users panic resulting to a successive selling which the value easily drop in digital marketcap. However, it can stop this issue by avoiding spreading fake news and change into positive information.
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Direwolve735
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May 16, 2018, 08:11:38 AM |
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The fall in the value of crypto-currency has occurred against the backdrop of searches at the largest stock exchange, Upbit in South Korea, which has alarmed investors, forcing them to think about the security of the funds placed on the exchange. However, I believe that Bitcoin will soon again take a course on growth. The growth of the crypto currency may provide the intention of the investment bank Goldman Sachs to start trading futures for Bitcoin, as well as the plans of the New York Stock Exchange to create a platform to attract large investors.
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socksserver3
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May 16, 2018, 08:15:33 AM |
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I think governements, most of them, haven't still accepted bitcoin because they are afraid of making it the main currency due to the fact that bitcoin is decentralized and can't be controlled as effectively as other currencies.
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Pinoyfan
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May 16, 2018, 09:53:55 AM |
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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 nowadays was so dump.but I know that it will pump again soon. If you study the chart past few years you will understand that bitcoin is currently repeating its history for the few years. It is happening now. Over and over again. So in my predictions bitcoin will rise up again and will pump its value before the end of the year
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timerland
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May 16, 2018, 10:00:00 AM |
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Bitcoin is still within its early adoption phase, and whenever an investment is in that stage, it's always undervalued. Especially now that the correction came hard upon bitcoin markets and the prices are even lower, I think prices are definitely a good accumulation point.
We have seen financial institutions getting into bitcoin investments over the past months, so that's definitely saying something about the potential of bitcoin in the future. But that's only one dimension, bitcoin can realistically be an alternative to fiat currencies or even a global reserve currency which is honestly within my expectations in the future, in which case its value will skyrocket.
Current price levels are going to appear cheap in the long term, or even just a few years from now as the next bull market comes by.
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cherrymobile
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May 16, 2018, 10:57:08 AM |
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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 nowadays was so dumb but if seen bitcoin before this year or the past few year. bitcoin is no price at all. bitcoin was first introduce in deepweb created by Satoshi Nakamoto. this cryptocurrency is nothing at 2006 and now it is the most expensive cryptocurrency in the world. would you dought for it ? its been a couple of years running and still striving
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krauzzer02
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May 16, 2018, 01:12:16 PM |
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I think governements, most of them, haven't still accepted bitcoin because they are afraid of making it the main currency due to the fact that bitcoin is decentralized and can't be controlled as effectively as other currencies.
Bitcoin is not yet ready to be the main currency of a specific country or will not be the main thing in the future who knows what will happen next to this currency/asset, price fluctuations and sudden shift of movements to the market are not healthy for the economy of a certain country if they are going to use this one, the most important thing is that even the critics of cryptocurrency are fascinated with the blockchain technology which will be the revolutionary in the future adoption.
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Janation
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May 16, 2018, 01:23:49 PM |
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I think governements, most of them, haven't still accepted bitcoin because they are afraid of making it the main currency due to the fact that bitcoin is decentralized and can't be controlled as effectively as other currencies.
Governments can't do nothing to digital currencies especially Bitcoin since it is decentralized unless banning them in their country though crypto currencies can bring their economy up since this crypto currencies are bringing profit to people externally, that also means that the economy will be growing up slowly. With a lot of supporters and investors of Bitcoin, I don't think that controlling it will be that easy.
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DeadCoin
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May 16, 2018, 02:09:00 PM |
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There are so many false news is coming about bitcoin, this make bitcoin undervalued. Another reason such as bitcoin is going to ban this news can make people to get panic and they are not ready to invest in bitcoin. At the same time people who had already bitcoin are ready to sell. This makes market so volatile and there is no stability in the bitcoin price. This makes people to get confused whether to hold or sell.
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el kaka22
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May 17, 2018, 04:38:43 AM |
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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.
Who are really the whales ? The hedge funds, institutions and so on, and they are like gangs as far as I am concerned. Firstly, you would expect that since that most of them are already late to the show, they will find a way to shake the weak hands off the market as much as possible, and until they are pretty sure they do not have more to shake out, then they keep distributing and accumulating to get even more position in the market. At the end, the value of bitcoin is far low compared to what it is going to be in the future and it only pains me that those who have been complaining that these set of people have been stealing from them still keep dishing out their future to them.
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EnricoGomez
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May 17, 2018, 05:13:18 PM |
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The fact that bitcoin and other cryptocurrencies heavily rely on technology makes it unaccessible for a big percentage of the population. Government units are mostly against cryptocurrencies as they often view the negative impact favoring it over the traditional fiat. Not to mention that there are a lot of false speculations about them though to generalize, we can say that the main factor to why bitcoin is so undervalued is lack of proper knowledge rendering a quick wrong judgement about bitcoin.
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rickadone
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May 18, 2018, 05:15:44 PM |
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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. Totally agree but the bearish market to me may actually seem more of a plan than a real bearish market. Market was driven up so huge and then all of a sudden dropped down so huge after a lot of people who were expecting to get rich overnight were buying into it globally. These guys have been in the manipulative system all these while and even if they really see the future and huge prospect, they will not be stupid enough to be buying at the top until they are sure there is just no more space to drive it down the more. I am sure when the real demand hits, we will all know but we aren't just there yet and the market may just be exactly as valued as it is supposed to be.
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Denker
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May 18, 2018, 05:37:14 PM |
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I think governements, most of them, haven't still accepted bitcoin because they are afraid of making it the main currency due to the fact that bitcoin is decentralized and can't be controlled as effectively as other currencies.
Bitcoin is not yet ready to be the main currency of a specific country or will not be the main thing in the future who knows what will happen next to this currency/asset, price fluctuations and sudden shift of movements to the market are not healthy for the economy of a certain country if they are going to use this one, the most important thing is that even the critics of cryptocurrency are fascinated with the blockchain technology which will be the revolutionary in the future adoption. Right, Bitcoin is not ready for mainstream yet. This will probably take another 3-5 years imo. Still too techy for the average joe and we need much more build out infrastructure via lightning and protocol levels on top of Bitcoin. But we have time. Rome wasn't build in a day as well right. That Blockchain, the underlying technology will be the ultimate revolutionary technology in the future, I'm very skeptic to be honest. At Consensus you saw many companies who have built stuff with Blockchain, where a Blockchain isn't really necessary or where they are looking for problem which they could solve with their project. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Most of that Blockchain tech stuff will disappear in a few years. A few projects, and maybe handful of coins imo will survive as I see this mostly as a 'the winner takes it all" situation. And hopefully Bitcoin will be the big winner. In terms of Bitcoin's price and if it is undervalued. The price is what it is. And right now it's $8k.
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Vannie12
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May 18, 2018, 07:51:27 PM |
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Firstly I think it is not undervalued since 8k USD is still quite a huge buck. But if we will be comparing it from the big hike of the past year of 20k USD and a worldwide demand basis then I would agree that it is being undervalued. I think this will be based on one's perception as a noob or someone who witnessed the big boom of bitcoin. Another is I do agree that even bitcoin started in the year 2009, worldwide mainstream is a long process and yeah it seems like it will be going and would probably have more years as people will be more aware of it. Though it is hard to predict the future, I have observe that countries are just being careful and I think planning and stepping forward with cautions will make good foundations for stronger and healthier future for cryptocurrencies.
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Aamir1
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May 20, 2018, 12:33:05 PM |
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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.
Have you ever seen a thermometer before? If you have, then good, but if you haven’t you will have to go back to school. A thermometer is used in measuring temperature and when you’re watching it go up it seems like it’s not going to stop going up, but there is a stage it will reach and it will stop going up. So most things do have limit. It’s not that we are underestimating Bitcoin, but most things do have limit.
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walleconomy
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June 16, 2018, 08:25:44 PM |
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I partially agree with you, but I believe that bitcoin is underestimated precisely because not all have accepted it yet and not all people know about it. Ahead of us awaits the recognition of the Crypto-currency, and hence the growth.
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liuziwenfree
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June 16, 2018, 10:48:55 PM |
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Many countries and regions do not accept BTC! The value of BTC is not reflected. This is the biggest problem of BTC. Only if BTC is accepted and used by more people, the price of btc will rise before it can play its value!
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dx5
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June 16, 2018, 10:57:16 PM |
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It's not under value in the sense that everyone knows about it, and the demand is what it is right now, and that gives it is value. What I consider undervalue are alts that have a good idea but that nobody knows about and never will. Not a lot of those out there, but there are some.
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Gameroid
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June 16, 2018, 11:46:13 PM |
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Many countries and regions do not accept BTC! The value of BTC is not reflected. This is the biggest problem of BTC. Only if BTC is accepted and used by more people, the price of btc will rise before it can play its value!
Yes that is a big issue, but i think that now they are understanding the value and importance of bitcoin and therefore some countries have accepted bitcoin as legal currency while other countries are going to turn it as legal very soon, so i think that bitcoin price is very soon expected to increase too much and give us a very good profit.
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Sidiq SP
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June 17, 2018, 12:49:11 AM |
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for me btc and other crypto are very impressive and boost new changes, not just undervalued, but more than that, with a system that is so easily accepted by all levels of society and every access is so simple that this makes it so fantastic in my opinion, in addition to all it, can make a big change in the economy, that's my opinion, because until now, btc and other crypto is what changed my family's economy
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