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RE: Is it possible to find Bitcoin's intrinsic value?
Good analysis on the fair value of bitcoin. I agree that US dollars are used for illicit activities so the argument that bitcoin should be shut down for this same reason is dumb. Supply and demand drive a lot of short term pricing so it will be interesting to see if demand goes down at all due to the recent news.
Well anything self-serving interest says is dumb.
I think the demand won't go. Why would people stop using it when they can get it cheaper now?
Demand will change once Bitcoin changes, i.e.: higher / lower transaction fees, faster/slower network etc.
Price won't effect the supply / demand relationship at all in my humble opinion.