Viewing a response to: @whatageek/what-if-bitcoin-isn-t-a-bubble-but-is-undervalued
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.
author | infinite-monkey |
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permlink | re-whatageek-what-if-bitcoin-isn-t-a-bubble-but-is-undervalued-20170609t052150315z |
category | bitcoin |
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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.
author | pedrombraz |
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permlink | re-infinite-monkey-re-whatageek-what-if-bitcoin-isn-t-a-bubble-but-is-undervalued-20170706t225507746z |
category | bitcoin |
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That what I'm thinking too, it really is a small percentage of users than what it can be.
author | whatageek |
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permlink | re-infinite-monkey-re-whatageek-what-if-bitcoin-isn-t-a-bubble-but-is-undervalued-20170609t053206973z |
category | bitcoin |
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