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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.
Come on, I’m just trying to create value. This is my effort too, and it also helps Bitcoin become more popular and recognized legitimately, instead of remaining an underground niche. Please be kind
“Be kind — everything has its own value. It’s the result of someone else’s effort, so even if you don’t receive any value that fits you, you should still avoid negativity.”
“Chill, my friend. If you follow a long-term holding strategy like I do, then yeah, I don’t really care about price fluctuations. But if you’re trading short-term, then good luck.”
Don’t be so negative, my friend. Personally, I’ve put my life into Bitcoin. And I believe many others have done the same — if things collapse, a lot of people would go down with it.