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Re: bjd1000 post# 9010

Sunday, 11/12/2017 7:12:14 PM

Sunday, November 12, 2017 7:12:14 PM

Post# of 42940
Incorrect. "If you build a very simple model valuing $bitcoin as the square function of the number of users times the average transaction value, 94% of the bitcoin moves over the past four years is explained by that equation." ~ Tom Lee

That means the number of users declined in Bitcoin and the transaction value also decline.

The will decline prices of Bitcoin (as is the case now) and will also decline the price of this penny stock as the number of active users have also declined.

At least they were smart enough to include Ethereum.

In the short term this is nothing but a P&D