I am wondering analysis of bitcoin price/value.
I see some simplified econmics model in Princeton course about bitcoin.
That is Supply = T/P
Demand = S/D
For price P = TD/S.
Although it is simplied model, while it provides basic thinking about it.
My question is is there other popular model/formula about it ?
This formula maybe works to estimate the price in real time, but it doesn't work to make a future projection of bitcoin price. In the end the bitcoin price doesn't come from a formula, it comes from the markets. What's the price that people are ready to pay for it and how much want the users at the moment to sell their bitcoins.