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 ?
The model/formula for bitcoin price is not viable as it is simply the principle of financial supply.
Let's check this logarithm form:
Log10 (
BTC) ~ 2.4 In (t) - 15.7
The formula symbolizes a similar bend and simply composed in an unexpected way. The main structure clarifies the logarithmic state of the pattern line bend.
This is a extremely ground-breaking equation undoubtedly! You may now demonstrate the value pattern for a considerable length of time ahead.