Post
Topic
Board Economics
Re: Why does everyone keep calling this panic a bubble?
by
Ekaros
on 14/04/2013, 08:53:38 UTC
Quote
To the contrary I don't think that the price of $260 comes close to matching the true value of a bitcoin as a tool for international transfer of wealth or as a store of wealth.

That's why most people here stay interested in Bitcoin.

Question is what is it value now, and what is resonable price for now with that as a long long term expectation. And some of us think it's not that valuable yet and the price rise was too fast and drastic.