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What is too high and what is too low in Bitcoin world and how do people come up with those values? If people were keeping track of Satoshis (0.00014 USD/Satosh
by gestirn 9y ago
What is too high and what is too low in Bitcoin world and how do people come up with those values?
If people were keeping track of Satoshis (0.00014 USD/Satoshi) would they also think it is expensive?
- koonsolo 9y agoThe only way to tell is look at the market capitalization (see https://coinmarketcap.com/ https://coinmarketcap.com/) To compare, if Bitcoin reaches $400.000 per bitcoin, the total value of all Bicoins will be the same as the total value of all gold.