InvestingScope
Long

Is Bitcoin truly a Store of Value?

BNC:BLX   BraveNewCoin Liquid Index for Bitcoin
This study intends to point out an obvious attribute of Bitcoin that is often neglected. Its quality as a Store Of Value.

Historically this attribute is distorted as Bitcoin is subject to heavy speculation creating the Bubbles that mainstream media and short term traders pay much attention too. But on market that is such psychologically driven one aspect remains a constant. The parabolic curve which has been very steady throughout BTC's historic volatility and where the price always return to find support after the speculative Bubbles. We can call this the "Store of Value Curve". We can argue that this curve represents Bitcoin's true attribute.

Most traders are missing the big pictures and Bitcoin's fundamentals as a Store of Value are better seen by looking at the Yearly Candles that show tremendous growth but most importantly the Yearly Lows which represent the safety and security characteristics of a store of value asset through time.

The purpose of this short study is purely informative but the question remains. If Bitcoin is on its true store of value fundamental levels, why would anyone miss this opportunity to invest?

We welcome arguments on both sides of this debate in the comments section!



Below is a strong argument on why investors should buy BTCUSD on the current level:







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Here is the original work.

+2 Reply
SorinBlajan filbfilb
@filbfilb, i find your arrogance kind of disturbing
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@filbfilb, With all due respect where do you mention on your piece of analysis terms like "store of value curve" or yearly candles, yearly lows? The terms we see on the text body of your post are "Hype, Bear, Bull, yellow line, China ban" etc. Do not have the illusion that you have an "original piece of work" and that everyone goes through your page to copy your content. We do not have the time luxury nor the desire to read everyone's ideas and see who had the same idea before us. And even if we did we would be more than happy to reference someone when there are copyrights involved. This is a platform for sharing ideas not for cultivating egos.
+2 Reply
filbfilb InvestingScope
Reply
Thank for your analysis.

Here is another good news derived from the BTC technical analysis.

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@WBM_Team, Thanks for sharing team.
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Compelling.
+1 Reply
@timj, Thank you tim.
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Thank you for your views. I personally find them very well argumented, concise and to the point. It is a pleasure going through them, as always.
+5 Reply
InvestingScope Zoen_Trieste
@Zoen_Trieste, Thank you for your support and kind complements Zoen. Your work is also fantastic, particularly on WTI Oil. Keep it up.
Reply
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