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Why Bitcoin price is falling?

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• Maygor

  

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  Posts: 84
  Location: Barcelona, Spain

  Saving & Investing is the best combination for a sane economy model. In other words, both Holding (saving) & Investing (spending).

  By the way, despite news and feelings, if we look the "all time" btc chart we can see a clear pattern...

  Besides, we have the Metcalfe's law analisys explained here with an excellent chart: "Metcalfe's Law: Bitcoin Price and Adoption Analysis for the Future" http://bit.ly/1pnlAtb

  [Wiki: Metcalfe's law states that the value of a telecommunications network is proportional to the square of the number of connected users of the system]

  Posted on July 19, 2014 at 3:55 AM
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• vlight

  

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  Posts: 11

  No major crash in fiat money yet.

  Posted on July 20, 2014 at 3:45 AM
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• lainfinity

  

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  Posts: 76
  Location: Multiverse

  @maygor Saving & Investing is the best combination for a sane economy model. In other words, both Holding (saving) & Investing (spending).

  By the way, despite news and feelings, if we look the "all time" btc chart we can see a clear pattern...

  Besides, we have the Metcalfe's law analisys explained here with an excellent chart: "Metcalfe's Law: Bitcoin Price and Adoption Analysis for the Future" http://bit.ly/1pnlAtb

  [Wiki: Metcalfe's law states that the value of a telecommunications network is proportional to the square of the number of connected users of the system]

  If you apply Metcalfe's law, value of Bitcoin should be proportional to number of Bitcoin nodes ^ 2. The chart correlates value of Bitcoin to unique Bitcoin address ^ 2. one unique Bitcoin address does not map to one unique Bitcoin node.

  Posted on July 20, 2014 at 7:03 AM
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