Applying “fundamentals” to value Bitcoin at this point in its infancy, is short sighted. Similar to Amazon in 1997, the experts struggle to use common valuation principles therefore they take the road “most” traveled and warn of a bubble. Those who take the road less traveled stand to profit handsomely as the value of Bitcoin continues to soar. It will be a bumpy ride, and not for the faint of heart, but for those who truly HODL, cheers!
