Post
Topic
Board Speculation
Re: [ 18 july data ] A BITCOIN PRICE THEORY
by
InwardContour
on 26/07/2014, 08:44:06 UTC
According to 41515948 total address on 7/18/14 the price should have been $2088 http://www.wolframalpha.com/input/?i=P+%3D+%28+41515948+^+2.26%29+%2F+%28e+^+32+%29+  soon I hope Tongue

I was really expecting more of a rally this month up to 2-3K area

The current price is unexpectedly low considering the bottom average of the charts.
This morning the value dropped again and probably the buy wall at 590$ will be eaten.
If this trend continues the price theory should be modified a little.