Post
Topic
Board Economics
Re: What do you think should be the right Bitcoin price as of Februray 2017?
by
andrei56
on 09/02/2017, 05:12:36 UTC
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.

I think it's still undervalue since it may increase until 1200 / btc as we can bitcoin enthusiast increased around the world
Meanwhile more people decide to hold bitcoin because of this event which support bitcoin value
I think the current price is always the right price, if at some point in the future bitcoin reaches  tens of thousands of dollars thanks to adoption and new services that only means that is the right price at that time, bitcoin right now cannot reach that price because it lacks the ability to reach it but it has the potential to do it.