Are there any legit models people for BTC valuation or is this why it's only marketed to idiots and schizos who believe every institution is corrupt, every market is manipulated and every official number is fake but you can beat the system by buying a 0 cash flow token? Somehow it's all rigged but BTC is pure price discovery.
是否有任何合法的 BTC 估值模型,或者这就是为什么它只卖给白痴和精神分裂者,他们相信每个机构都是腐败的,每个市场都被操纵,每个官方数字都是假的,但你可以通过购买 0 现金流代币来击败系统?不知怎的,一切都被操纵了,但比特币是纯粹的价格发现。
No coupon, no FCF, no maturity, no redemption, no residual claim. What number do you discount to get fair value?
无息票、无自由现金流、无到期日、无赎回、无剩余索取权。您要折扣多少才能获得公允价值?