Just scanning some Bitcoin news this morning. Seeing the good, the bad, the ugly, and thought I would share a link to this one I am talking about.
Bitcoin's terminal value is really $700,000: crypto investor.
A nice little quote from Dan Morehead and from the article:
"We did a study showing the number of people using bitcoin over the years and price of bitcoin. Both of those data series went up by an order of magnitude every two years. If that kept going, that would put bitcoin at $700,000 when everybody with a smartphone uses it. Ten years time is a reasonable forecast," Pantera Capital founder Dan Morehead said on Yahoo Finance Live.
Your thoughts?
Hive: $0.4084 up 1.08%
Bitcoin: $39,546.51 down 5.28%
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Have a great day all.
Bradley