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 ?
I think this formula won't be really effective to know and predict the possible bitcoin's price because there are no any accurate measures when will bitcoin increase or decrease it's price. The reason why bitcoin is very hard to predict due to it's votality that no one can really say what will be the next move of bitcoin.