Quote from: CoinCidental on July 07, 2017, 01:57:04 PM

Quote from: Doofus on April 12, 2017, 08:55:57 AM

how much does a bitcoin worth?
Some say:Worthless. Its just a Ponzi scheme.
Some hail:Priceless! Its the future of money.
A Chinese economist Ou Chengxiao, often nicknamedOu Guru said yesterday "The price of bitcoin is 1000 times overvalued". He believed that the value of currency is decided by its scale of circulation, or adoption. But now the lack of businesses that accept the digital currency as payment has been holding bitcoin back from wider adoption. not so many people are buying things with btc.
i am a little confused why he is so sure bitcoin price is 1000 times overvalued. why not 100? 10? why exactly 1000? Do you agree with him?

More nonsense FUD
These old people are simply unqualified to make statements about new developments in CryptoCurrencys
I guess he doesn't know how to use the internet and check the insane adoption rates around the world....
Legal currency status in Japan, India and Russia coming soon etc

I think that this topic is no longer worth arguing, because to date not everyone can see what potential has a crypto currency and what price Bitcoin has today. I think that this is the best proof, than just disputes.