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 don't think Bitcoin has any clue Bitcoin is a digital currency and it is not controlled by anything depending on the state of the market and how it will be used by the user The price is lower but with the investment it can be profitable as demand increases.