Predicting Bitcoin Price Using Metcalfe's Law

Posted on Wed 15 November 2017 in bitcoin • 5 min read

Metcalfe's Law states that the value of a network is proportional to the square of the number of users on the network. The classic example is a fax machine: a fax machine is useless by itself, but is very useful if a few of your friends have one. If the …


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