Post
Topic
Board Economics
Re: Fundamental Analysis of BTC, is BTC overvalued?
by
picollo7
on 26/05/2011, 05:03:04 UTC
Ok, so what is a legitimate expectation of future value?  I posited a reasonable expectation in 2 months to be about 25 bucks for cost.  If the multiplier of 32 remains the same, this means in 2 months BTC will be 800 dollars? I don't think so.  I mean, I'd love it to be. I'm long on BTC, but I just don't see it happening.