I think the lowest we could see is around $1800, which is the low right before the original BCH fork. But honestly, no one knows the short term price of these things. There’s no underlying business model or cash flows, which means none of the traditional valuation methods work! The only truth we know is use=>value. But we don’t really know how to quantify use into value, if you know what I mean.
I think the lowest we could see is around $1800, which is the low right before the original BCH fork. But honestly, no one knows the short term price of these things. There’s no underlying business model or cash flows, which means none of the traditional valuation methods work! The only truth we know is use=>value. But we don’t really know how to quantify use into value, if you know what I mean.
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I DO know what you mean. I just wish I knew it last year! LOL!