Post
Topic
Board Economics
Re: Why BTC is tremendously undervalued
by
jseverson
on 15/05/2018, 16:53:01 UTC
Lately we have seen an increased demand for tremendously large blocks of Bitcoin. So much so, that we can't keep up with the volume that people and organizations are requesting. So what are the underlying factors?

Wait what? Increased demand for bigger blocks? What do you mean by that? People demanding a block size increase, or blocks just filling up in general? Fees have been pretty low for a while now, barring a few brief periods of spikes, so there shouldn't be any problems with transaction volume in general.

Can't keep up with the volume of demand? If that were true, we'd be on a tremendously bullish run, but instead we're stuck in a somewhat bearish market.