The prices in crypto are all inflated (apart from Bitcoin IMO). This is a trend that started in the tech world over a decade ago and it has been exaggerated even further in the blockchain world.
The prices in crypto are all inflated (apart from Bitcoin IMO). This is a trend that started in the tech world over a decade ago and it has been exaggerated even further in the blockchain world.
Do you want to tell us a bit more about why you think Bitcoin isn't ? I'm highly interested in the subject.
I put it to some perspective on this article comparing the "money sizes".
The way I see it, we can head down two paths:
Bitcoin and decentralized crypto take over the world. In this scenario, all the reigning currencies (I wouldn't dare to guess) are incredibly undervalued right now.
We head towards govern issued tokens (old economy, new protocol), then the purely currency coins (not companies' tokens) are overvalued, since their value will probably approach zero.
Makes sense to you ? where do you stand on that ?
Interesting post - these things are very subjective. I think I may consider answering this in a post.
All right then. I'll be following you, expecting to see it !
Make sure to post the link here whenever it comes out.
Just posted it! https://steemit.com/bitcoin/@thecryptofiend/why-i-think-bitcoin-is-still-undervalued
Don't miss out on the CFA Institute's view on the ICO Bubble