iamsheikhadil Posted October 10, 2019 #1 Posted October 10, 2019 Is bitcoin over priced? Is it not worth the thousands of dollars it is today? I would say yes. Many would argue how Bitcoin is so cool, it revolunizes and all, but is it really worth so much that even with entering mainstream, and so many users, it will be at $8000?! Some even say it should reach $100000. Dude? Like wtf. What's your opinion.
Ali saher Posted October 26, 2019 #2 Posted October 26, 2019 I don't think bitcoin price go up 100000 USD in next 10 years I think if bitcoin price go up max like 25000 usd to 30000 USD in next 2 years, But mostly chance bitcoin price up down like 6k USD to 20k USD , I think this is not possible bitcoin price go up 100k usd
Wildmonkeylv Posted October 26, 2019 #3 Posted October 26, 2019 I dont understand what you mean by that,but im guessing your saying that bitcoins value is too high for what it should be . I disagree,because the power what bitcoin has,im guessing you dont have over 50k in the bank,its meant for rich people as a safe spot where to have theyre money left,its like a way safer bank,and bitcoins value is low it should be way higher,but not a lot of people know what its functions are and how it works,but its safer to leave money in btc than banks .
ZedX Posted December 13, 2019 #4 Posted December 13, 2019 I wouldn't go that far to say bitcoin is overvalued, people paying more than the price of btc for things that are way less usefull than btc, specially when you think there's only going to be 21m bitcoin available around the world.
sahil777 Posted January 1, 2020 #5 Posted January 1, 2020 basically it is over priced, since its the most used currency in deep dark web bitcoin gone to the moon, but its coming to track slowly i think it will be at 4k again very soon.
irfan123123 Posted January 25, 2020 #6 Posted January 25, 2020 Bitcoin has great impact on whole market and eventually if btc goes up and all market follow it's price and if btc goes down then it's negative effects on all crypto market.
Dolpharius Posted January 27, 2020 #7 Posted January 27, 2020 On 10/11/2019 at 1:18 AM, iamsheikhadil said: Is bitcoin over priced? Is it not worth the thousands of dollars it is today? I would say yes. Many would argue how Bitcoin is so cool, it revolunizes and all, but is it really worth so much that even with entering mainstream, and so many users, it will be at $8000?! Some even say it should reach $100000. Dude? Like wtf. What's your opinion. this asset can very easily cost that much money but not in the near future, it didn’t reach its full potential even by half and it’s just in its infancy, bitcoin will have more updates over time and the price will reach new heights.
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