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by mtgx 4830 days ago
Depends what you mean. Are you saying it's overvalued because the current economy of Bitcoin is not strong enough to make it worth $100, or are you saying a Bitcoin ever being worth $100 is already too much? Because Bitcoin has the potential to be worth millions of dollars/unit:

http://falkvinge.net/2013/03/06/the-target-value-for-bitcoin...

Whether that will ever happen, or if it will happen in the next few decades, it remains to be seen. But the point is a Bitcoin does have the potential to be worth a lot per unit. It all depends on how many people and businesses are going to use it in the future. If you look at it like that, Bitcoin hasn't even scratched the surface of its potential.