claims that this is unlikely to be exactly the case, citing that BTCs value proposition is much different than that of a technology stock. The analyst added that BTC has already been through its amzn style crash, specifically when it collapsed by 95 in 2011 to a single digit valuation. Similarities to Historic Currencies A medium of exchange Currencies. The value of Bitcoin lies as much in the idea behind it as the technology that makes it work. Read More, aRE bitcoins money? There are other useful articles on this website that can provide you with all the technical answers.