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The problem with Bitcoin is that it trades without any apparent fundamentals. I can’t figure out what drives it’s price in either direction. Maybe some of the recent run up is fear over the possibility of China restricting access and the Chinese reacting by getting money out while they still can. But that is just a WAG.
I don’t know how you determine that something is mis-priced and potentially investable without any idea how to value it.
Right now, I can’t argue with someone who thinks it’s going to $25,000. But I also can’t argue with someone who thinks it’s going to zero.
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