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"The strategists calculated the fair-value level at around $38,000 based on Bitcoin being roughly four times as volatile as gold" "In a scenario where the volat
by mdrzn 5y ago
"The strategists calculated the fair-value level at around $38,000 based on Bitcoin being roughly four times as volatile as gold"
"In a scenario where the volatility differential narrows to three times, the fair value rises to $50,000, they estimated."
I thought the fair price is whatever one's willing to spend on it.