Part of bitcoin price that's defined by needs of settling between different parties is the 'right' price. The 'wrong' part of the price is defined by speculativ

Part of bitcoin price that's defined by needs of settling between different parties is the 'right' price. The 'wrong' part of the price is defined by speculative interest - expectations of bitcoin growth. Of course, any price is right if bitcoin is a pure speculative asset in your eyes.