Isn't the 'market price' of a certain commodity/asset is already a fair price in Economics, especially if it is dictated by supply and demand? So in this case, bitcoin's price is already fair, knowing that the price is just the manifestation of the overall supply and demand in the whole market. As for this people who don't want to buy in because they don't agree to the price, or think that it's too much for them, they always have the liberty to take their money elsewhere, and that's the beauty of a free market.

For the scaling concerns, the LN is the most recent take on the said problem. We can't count on it heavily yet until the final phases are done and could be tested in real-world scenarios. Scaling would always be a problem as more and more people would flock in and use bitcoin in the coming years--hopefully.


If this is the 'better' option, then why most of the money in the cryptospace are stocked in bitcoin? People who are investing in ICOs are those who are either involved in previous projects that turn out successful and are in search of a new gold mine. But for most newcomers, they'd just stick to what is already 'proven' in their books, so in this case they'd be buying into bitcoin. Many ICOs don't stand out and just die within a couple of weeks. Why risk it there if you are completely clueless on whether or not the project is good?