RE: A 5 Rules List for Crypto Asset Trading

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A 5 Rules List for Crypto Asset Trading

in trading •  7 years ago 

bitcoin by itself is of no value. most likely on speculation of bitcoin can rise in price and up to $ 100,000. and I do not exclude that it will.
but the fact is that the value of bitcoin as a tool for the exchange of goods or services is completely ineffective

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That's a very interesting thought: about the intrinsic value of Bitcoin I mean. I plan on writing a high-quality blog post on that as well. I think Bitcoin does have intrinsic value, vacause of (a) its utility as a trading mechanism and (b) its scarcity backed by miners that invest real money in mining equipment and electricity.