Post
Topic
Board Bitcoin Discussion
Re: Why the price didnt go up ?
by
MoonShadow
on 16/06/2011, 01:53:51 UTC
If you do the hard math to determine the actual value of btc based on capital investments, human resources, overhead etc. , youll see that BTC already has a premium built in for the increased difficulty.  The invisible hand knows everything!

In My estimation BTC is already overvalued by around 38%

And how do you know what the capital investments, human resource and overhead are?  You don't, and you can't.  No one can.