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RE: The Answer is No, The Bitcoin / Steem Ratio Did Not Peak on Sunday. Did it Peak on Monday?

in #steem7 years ago

Bitcoin, Steem and many other currencies have a strong upside, and in fact have a long way to go before they level out. Of course, they've been experiencing strong growth, and that may be interpreted by some as being in a bubble.

But another view is that they have not yet reached their true value, and are in fact undervalued. That view seems to be more realistic.

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Based on US national debt alone Bitcoin would be $1,000,000 each.