create account

RE: What If Bitcoin Isn't A Bubble But Is Undervalued? by infinite-monkey

View this thread on: hive.blogpeakd.comecency.com

Viewing a response to: @whatageek/what-if-bitcoin-isn-t-a-bubble-but-is-undervalued

· @infinite-monkey · (edited)
$0.04
The number of people who are using bitcoin/crypto is just a small fraction of the world's population. If Bitcoin/crypto are destined to replace government-issued currency, all the world will be using it, including the 2 billion people who are "underbanked". That means bitcoin/crypto has the potential to be even more widely used than fiat currency. If that's the case, bitcoin/crypto is incredibly undervalued, even more than silver and gold.  I believe there is the total opposite of a bubble.  Great post, thanks.
👍  ,
properties (23)
authorinfinite-monkey
permlinkre-whatageek-what-if-bitcoin-isn-t-a-bubble-but-is-undervalued-20170609t052150315z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit/0.1"}
created2017-06-09 05:21:48
last_update2017-06-09 05:23:09
depth1
children2
last_payout2017-06-16 05:21:48
cashout_time1969-12-31 23:59:59
total_payout_value0.036 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length516
author_reputation149,459,506,169
root_title"What If Bitcoin Isn't A Bubble But Is Undervalued?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id4,450,150
net_rshares11,510,846,467
author_curate_reward""
vote details (2)
@pedrombraz ·
Even though I agree with your point, which I kinda corroborated on [this post](https://steemit.com/bitcoin/@pedrombraz/how-much-bitcoin-can-be-worth-some-perspective). I just wrote [this post](https://steemit.com/bitcoin/@pedrombraz/why-i-think-bitcoin-might-be-currently-overvalued) about reasons I believe Bitcoin might be currently undervalued, if you'd care to take a look. Also wrote a bit on why we gotta watch out for a possible [ICO Bubble](https://steemit.com/cryptocurrency/@pedrombraz/ico-bubble). Don’t get me wrong, I’m a total crypto-enthusiast, on the other hand I try to be very logical about my analysis as an investment.
properties (22)
authorpedrombraz
permlinkre-infinite-monkey-re-whatageek-what-if-bitcoin-isn-t-a-bubble-but-is-undervalued-20170706t225507746z
categorybitcoin
json_metadata{"tags":["bitcoin"],"links":["https://steemit.com/bitcoin/@pedrombraz/how-much-bitcoin-can-be-worth-some-perspective","https://steemit.com/bitcoin/@pedrombraz/why-i-think-bitcoin-might-be-currently-overvalued","https://steemit.com/cryptocurrency/@pedrombraz/ico-bubble"],"app":"steemit/0.1"}
created2017-07-06 22:55:06
last_update2017-07-06 22:55:06
depth2
children0
last_payout2017-07-13 22:55:06
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length638
author_reputation68,967,512,436
root_title"What If Bitcoin Isn't A Bubble But Is Undervalued?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id7,576,804
net_rshares0
@whatageek ·
That what I'm thinking too, it really is a small percentage of users than what it can be.
properties (22)
authorwhatageek
permlinkre-infinite-monkey-re-whatageek-what-if-bitcoin-isn-t-a-bubble-but-is-undervalued-20170609t053206973z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit/0.1"}
created2017-06-09 05:32:06
last_update2017-06-09 05:32:06
depth2
children0
last_payout2017-06-16 05:32:06
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length89
author_reputation368,086,984,838,827
root_title"What If Bitcoin Isn't A Bubble But Is Undervalued?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id4,450,510
net_rshares0