If you think in terms of "stocks" my guess is that bitcoin is under-valuated regards its market.cap ... when we reach the golden price of 1300 that market cap. was 12 billions .. now we're 6B and bitcoin should worth at least 6 Benjamins ...
intro about
Price and Market Capitalization
http://www.youtube.com/watch?v=fa-VZ-SDxgYI m curious about the reason why "my guess is that bitcoin is under-valuated regards its market.cap" and "bitcoin should worth at least 6 Benjamins". Something to back such wild guessing?
He's just mathematically speaking.
1300/12 = x/6 ; find x ; x = 650$.
But this is assuming that the BTC supply stayed the same from when it was 1,300 to now. At 3,6000 BTC a day (lets assume 5.5 months = 165 days) * 165 days = 594,000 BTC introduced (or so) since then