This is my guess about the bottom of bitcoin .
What we are sure of is a large community of people who believe in bitcoin .
People will believe in anything, it will be valuable. If not, would the ounce of gold now be $1,800 ?
Theoretically if all the people of the world and the governments sell their gold , what will happen for gold price?.
So do not talk about intrinsic value! Only humanity has intrinsic value.
What we are sure of is a large community of people who believe in bitcoin .
People will believe in anything, it will be valuable. If not, would the ounce of gold now be $1,800 ?
Theoretically if all the people of the world and the governments sell their gold , what will happen for gold price?.
So do not talk about intrinsic value! Only humanity has intrinsic value.