Quote from: Wekkel on March 17, 2015, 07:55:17 AM

Quote from: Chef Ramsay on March 16, 2015, 02:24:22 AM

Quote from: cypherdoc on March 16, 2015, 01:18:42 AM

http://wefivekingsblog.blogspot.com/2015/03/thoughts-on-valuing-bitcoin-as-network.html?m=1

Good grief that was long winded. Can we get a tldr concise version for the viewers or those that couldn't bare it? I read most of it and scanned the rest but most of the pricing charts were just lol boring and just plain Roll Eyes

.

The article itself has a 'conclusion'. The author first sets up a theoretical framework for valuation and then applies it to Bitcoin. My interpretation is that reasonable price expectations until 2014 are between $10k and $300k, assuming the network continuous to grow exponentially.

I skimmed over it, but I believe his fatal flaw that leads to the ridiculously high estimates is assuming the price at any point in time does not already price in expected future growth.