BITCOIN - OBJECTIVE ECONOMIC ANALYSIS $100k yes, $0 also
Channel: Value Investing with Sven Carlin, Ph.D.
Date: 2017-08-15

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The Bitcoin cryptocurrency phenomena is extremely interesting to follow. In this bitcoin video I answer question about whether the bitcoin is a currency and cash, how to value bitcoin, how to price bitcoin, can it be priced and what are the main factors influencing its price.
 Every Bitcoin owner should know that he or she is a currency trader, nothing else. The price of the bitcoin depends only on the demand and supply for it, nothing else. The high volatility makes it unlikely that it will be used in transactions. But it is interesting to see why does bitcoin keep going up. 
As for the price of bitcoin, bitcoin can go to $0 and bitcoin can go to $100,000