Quote from: --DarkSecrets-- on May 22, 2018, 08:58:32 AM

Quote from: arpon11 on May 22, 2018, 07:00:26 AM

Bitcoin is going to go above $10,000 soonest as Alot of momentum are been gathering for the next push. Bitcoin need to remain above $10,000 in other not to be undervalued. Also noticed that many people buy bitcoin above $10,000 and those has been in panic base on the state of the market.

Bitcoin has not been undervalued , it is only in the range where the price is not to good that is almost yearly happens where some people don't anticipate this situations most often times this is for newbies. Market and price will going to break $10k wait for a while we are in accumulation where others are goin to enter the crypto world.

The time bitcoins went up as high as $20,000 was when it was over valued. I think at this current price level, it would seem that it is the right price. We should really base the optimal price based on the cost of producing one unit of Bitcoins. That is the fundamental value of it. And I think it is just right to say that we would need around $8,000 - <$10,000 to acquire one unit.