Quote from: harizen on February 07, 2017, 04:04:28 PM

Quote from: w00t on February 07, 2017, 02:40:25 PM

Hi,
I'm really curious what in your personal opinion the price should be - where do you think we should be in means of adoption and infrastructure.

We currently have price of about $1000 per 1 BTC, do you consider it as about right, overvalued or undervalued in all and all?

Please vote and if possible please explain why you voted in this way below.

Thanks.

If "SHOULD" ok? Well then my guess is around $4,000 if there is no such thing as MT. GOX epic fail happen and no such thing as "NEGATAIVE" news rise while bitcoin is taking on it's journey in the financial world. Meaning just a continue increase even a slow one.

But that is not possible obviously in the first place. By going back in the reality, the price today is just appropriate and reasonable even bitcoin was already 8 years in existence.

I think with this answer I'm most happy because it actually answers what I'm talking about - market is market and from time to time it seems not get it. Considering that Bitcoin allows to move money from one part of the world to another at anytime for couple dollars worth - I think that deserves at least double the valuation that it currently has but people are just focusing on the number. I think I will make a new poll later with different question.