Post
Topic
Board Economics
Re: Is there formula for bitcoin price ?
by
Sanugarid
on 18/02/2020, 19:09:16 UTC
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 ?
For me, there is no certain formula on bitcoin's price. Bitcoin's value has no certain formula, its value is changing in an unpredictable manner all the time. If you really want to identify the changes on its value, it would be best if you would monitor the value as time passes by to know what are the best possible ways on how you can make the most from your investment. I don't think there is a popular model or formula to identify bitcoin's value which leads us to the conclusion that's the best way to know bitcoin's price is to see the movement on its price time passes by.