There are various way to measure the worth of anything such as...

  1. 11,179 Posts.
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    There are various way to measure the worth of anything such as NPV you can look up and they all have one thing in common for cryptos. That is a value of NIL.

    You may argue that this is unfair for crypto as there is a market for them with buyers and sellers. I simply point out to you the same was true for Tulips. We know for sure that those people were utterly stupid and caught up in a bigger fool mania.

    The bigger fool mania scenario is your only measure for Bitcoin.

    We have more of them these days.

    If you are struggling with this lets, see your explanation to properly value Bitcoin for these prices over time >

    $1

    $10.00

    $100.00

    $1,000.00

    $10,000.00

    todays prices clearly differentiating between each tenfold price change.

    I suggest to you the bigger fool theory and plenty of advertising for new fools the internet makes possible is the best and only answer.

    But go on have a go.

    I see you mentioned blockchain technology. Totally irrelevant to the value of Bitcoin.
    Last edited by nippy: 10/07/24
 
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