Post
Topic
Board Bitcoin Discussion
Re: Is the current market value of BTC justified?
by
Palider
on 23/12/2017, 16:00:52 UTC
It seems now that BTC and many of the main cryptos are our of reach for a majority of people. It’s become a speculative disaster waiting to happen. A peer to peer decentralised form of payment now left in the hands of 2 individuals who own more than 40% of it and an ever increasing and  volatile price which makes transacting in BTC for goods and services practically impossible. It’s fair to assume that satoshi would be appaled by what is taking  place.

I don't think it is justified. But i guess the current market value of BTC going rapidly up for the past few months then it goes down for this past weeks is just normal. In the first place, investment's market value are just pure speculations. We never know when and how will it go up and down.