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u/Epictricker2025
7 hours ago
← r/Bitcoin
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u/Ancient-Macaroon-548 1 7 hours agoTommorow
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u/rBitcoinMod moderator pinned 1 7 hours agoYour submission has been flagged for removal because there are too many other price posts right now. Please contribute to the Daily Discussion thread, the chat room, or another price-related thread. Thank you!. ^^I ^^am ^^a ^^bot ^^and ^^cannot ^^respond. ^^Please ^^contact ^^r/Bitcoin ^^moderators ^^directly ^^via ^^mod ^^mail ^^if ^^you ^^have ^^questions.
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u/spaceshiploser 1 7 hours agowhen will this useless asset reach its bottom speculative price?? Nobody knows because it’s only worth what u imagine it to be
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u/Epictricker2025 OP 1 7 hours agoWhich kind of applies to every asset though, but to Crypto a bit more I'll admit.
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u/spaceshiploser 1 7 hours agoLook up book value and intrinsic value and discover for yourself that assets can be valued based on real world tangibles Then you’ll realize bitcoin is not a real asset
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u/Epictricker2025 OP 1 7 hours agoTrue, but then what about stocks?
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u/spaceshiploser 1 7 hours agoCompanies can be valued based on their earnings, growth trends, real assets such as factories, buildings, inventories. They have cash on their balance sheets. They distribute that cash to the shareholders through dividends and buybacks. I urge you to learn more about valuation, it will truly open your eyes to how big a pile of shit Bitcoin is