RE: The price and value of cryptocurrency: (2) What is the fair price of Bitcoin?

[wise-old-man]

If you can't explain it simply, you don't understand it well enough.

- Albert Einstein

Comments

[slowblogger]

I am sorry if I didn't explain it easy enough. In a nutshell, the price of Bitcoin depends on the size of its economy. All the other factors are minor.

[sharpshot]

I think you explained it simply enough. Anyone that can understand Einstein's special theory of relativity should be OK with this :)