Viewing a response to: @jrcornel/is-it-possible-to-find-bitcoin-s-intrinsic-value
Good analysis on the fair value of bitcoin. I agree that US dollars are used for illicit activities so the argument that bitcoin should be shut down for this same reason is dumb. Supply and demand drive a lot of short term pricing so it will be interesting to see if demand goes down at all due to the recent news.
| author | brian.rrr |
|---|---|
| permlink | re-jrcornel-is-it-possible-to-find-bitcoin-s-intrinsic-value-20170914t001434733z |
| category | bitcoin |
| json_metadata | {"tags":["bitcoin"],"app":"steemit/0.1"} |
| created | 2017-09-14 00:14:33 |
| last_update | 2017-09-14 00:14:33 |
| depth | 1 |
| children | 1 |
| last_payout | 2017-09-21 00:14:33 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.797 HBD |
| curator_payout_value | 0.263 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 314 |
| author_reputation | 1,116,959,836,405,361 |
| root_title | "Is it possible to find Bitcoin's intrinsic value?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 14,810,555 |
| net_rshares | 371,834,308,134 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| jrcornel | 0 | 369,519,801,149 | 10% | ||
| granunic0rn | 0 | 2,314,506,985 | 100% |
Well anything self-serving interest says is dumb. I think the demand won't go. Why would people stop using it when they can get it cheaper now? Demand will change once Bitcoin changes, i.e.: higher / lower transaction fees, faster/slower network etc. Price won't effect the supply / demand relationship at all in my humble opinion.
| author | granunic0rn |
|---|---|
| permlink | re-brianrrr-re-jrcornel-is-it-possible-to-find-bitcoin-s-intrinsic-value-20170915t223544853z |
| category | bitcoin |
| json_metadata | {"tags":["bitcoin"],"app":"steemit/0.1"} |
| created | 2017-09-15 22:35:45 |
| last_update | 2017-09-15 22:35:45 |
| depth | 2 |
| children | 0 |
| last_payout | 2017-09-22 22:35:45 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 332 |
| author_reputation | 112,316,932,444 |
| root_title | "Is it possible to find Bitcoin's intrinsic value?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 15,007,218 |
| net_rshares | 1,815,623,058 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| granunic0rn | 0 | 1,815,623,058 | 100% |
hiveblocks