Is Bitcoin currently massively undervalued?

[hurain]

We still need more time to say bitcoin is undervalued. On the other hand, almost 3k usd per bitcoin is pretty high to me.

Bitcoin has been stated to be undervalued for years now, and if you look where we stand right now, it's pretty obvious that aside from what might happen in the short term, Bitcoin is always undervalued. If people talk about Bitcoin being under/overvalued, they should always have the long term in mind. Short term wise it's practically impossible to properly say that Bitcoin is under/overvalued due to the volatility and sentiment changes that can happen instantly.

yes that is right that bitcoin is still undervalued. i think we should invest our money in bitcoin in resent time because the price of bitcoin has chance to increase and give us a good profit. i myself holding my bitcoin for the price increase and hope that i will get a very good profit in a short time.

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[darkangel]

I think bitcoin is undervalued. Just look at the news about bitcoin every day there are new projects where you can pay with bitcoin.

The Bitcoin market is fluctuating, so bitcoin prices are down. Influence on bitcoin investment. I used to think I should stop playing bitcoin. I am still on the move and looking forward to the campaigns that will help me make more money.

[jilin]

Now I think the price of Bitcoin is the highest this year, and the current price is not underestimated, but if you look at this post next year, you will find that Bitcoin is undervalued because I believe that the price of Bitcoin will be higher next year.

[jc89]

I am not an expert but for me btc right now is overvalued. Being able to hit its highest so far this year during the first two weeks of August. Well it's just me and my observation. I don't have all the information in figuring this out since I am not really doing a deeper research on btc and not all the time online.