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0 sats \ 1 reply \ @neverbrokemore OP 4 Dec \ parent \ on: Bitcoin Is Trading Nearly 50% Below Its “Fair Value” bitcoin
Thank you for your feedback. Basically, Bitcoin is backed by human action, so its value depends on whether people choose to put their money into it or not. That means at any moment, whatever the price is, it represents the fairest value people are willing to invest in. Simply put, the current price is the best value it’s receiving right now.