|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,,,