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From: maybe (Rep: 93) reply to scorcherDate: 07/24/2019 10:47
Forum: Bitcoin - Msg #423Thread #674091306 (Rec: 0)
Re: btc over 10k...adios 9k....probably never see 4 digits ever again.

The 4 factors to value are:
1) Demand - check, bitcoin has demand
2) Utility - You can use bitcoin, yup
3) Scarcity - Far more scarce than any printed money
4) Transferability - check, you can transfer bitcion

So for something that has no intrinsic value, it sure does strangely have all 4 of the factors of value.



The money is in the movement, not the direction.



Reply to scorcher - Msg #2794517 - 07/24/2019 10:07

Re: btc over 10k...adios 9k....probably never see 4 digits ever again.

gold, silver, pushes higher could definitely happen,,bitscam is based on thin air and has an intrinsic value of zero,,,
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