Post
Topic
Board Economics
Re: Is it possible for the bitcoin to lose it's value ?
by
Ashleybarnes2
on 19/04/2018, 10:43:15 UTC
Yes because its price is completely supply and demand based so if something better comes around the demand will be gone. However, the top 5 companies in the SNP500 are all tech companies where if you liquidated the assets you would only receive 20cents for every dollar so I think we are in a time when value isn't necessarily based on tangible value so as long as people thing btc is valuable, well it is