How to Determine the Value of Bitcoin

Bloomberg's Sonali Basak looks at the valuation methods for Bitcoin on "Bloomberg Crypto."

[mrclever]

Unfortunately crypto is just going to keep crashing until the stock market has bottomed. Blame it all on the Fed and the ridiculous amount- of free money. Crypto will moon next year so just hold or Trade.we could always ignore the market ups and downs and stay fully invested. Big thanks to Axel William for helping me earn over 12btc by implementing trade with his method and following his guide.His skills set is exceptional.

[davidwark]

I respect your work mate. Do yourself and family a favor and stop stressing the day to day headlines, trade a small percentage of your portfolio rather than going in and out every week trying to time the market 👌trading went smooth for me, thanks to Bobby Lucas for his amazing skills for helping me to earn 9 Btc from 3 Btc in weeks through trading chart.

[AJ-etzp]

Shame there isn't a "hahaha" button

[devonp]

The value of Bitcoin is a sucker’s bet.

[jpsmith]

Bitcoin is a great store of value if your only alternative was setting your money on fire.

[dagsterblaster]

Value of what? No assets, no profits, no employees, no accounting, no responsibility, no legal authority, no....

[mruphykhan]

If there are no new crypto highs in 2022, I think that's a great accumulation opportunity. DCA, stack sats, think long-term. & most important of all...chill and trade ! The movement on the chart is mainly due to market makers attacking and capturing the liquidity. When the price falls, they build a long position and when the price rises, the market makers build their short positions. Very little of this has to do with bullish sentiment. It has to do with leveraged positions and what areas of liquidity are being exploited, liquidated, trapped, etc. 99.9% of buyers don't have the financial means to actually move the price. It is the market maker who controls everything. You could have billions of dollars long BTC, and if the market makers want to send it down to capture those buy orders, he will. At this point it is at a point where we should stop hoarding our crypto assets like a movie and watch them go down, change that mindset and start trading your crypto assets. Although I used to be a hodler, I thank Expert Marshall Clinton for helping me change this mindset from just hodling alone instead of trading. With the way the market is going right now I'm still making more profits than ever because I'm trading while hodlers are complaining here and there about how the market is falling daily because they are losing. With EXPERT MARSHALL CLINTON accurate trading signal and insights copied into my trades so far, I have been able to trade on the day and amassed over 12.6 Btc as a dividend with around 2.5 BTC to start with. <you can Communicate with Mr Marshall on Telegram👉 { @ MARSHALLCLINTON } OR What'sapp✙19144550434 about how to make trades and stay profitable with your trading strategy.

[Willks]

BTC is not limited at all in supply on the derivatives market as derivatives have the effect of creating virtual bitcoins (and accelerate the circulation of true bitcoins through derivatives settlements)

[alphapred]

Only 21 Million ever created. Do you have 1?

[SageOfEchoes]

It costs 10K just to mine an entire Bitcoin. Anything over that is just middle men making profit.

[MrEnky]

Bitcoin is worth nothing, but I guess some were willing to give 69k for 1 O_o

[Knucklehead]

Bitcoin. Waste of time, energy and money.

[edwardantonio]

This post is so valuable and so honest. I am very grateful for this content, I have been making losses trying to make profit trading. I thought trading demo account is just like trading the real market... can anyone help me out or at least advise me on what to do?