How the Heck Do You Value a Bitcoin?!
Is there any way to make sense of bitcoin’s incredible rally in 2017? In this historic video, aired in December 2017, when bitcoin reached its all-time high of almost USD 20,000, Raoul Pal, founder of Global Macro Investor, asks Paul Brodsky, Chris Burniske, Nick Colas, Peter Brandt and Thomas Lee to lay out their frameworks for valuing bitcoin. With those methods on the table, each expert provides a forecast for what will happen to the bitcoin price over the next year, as does Raoul. Now you can check whether these forecasts were right. As a reminder, bitcoin price crashed more than 70% in 2018.