Bitcoin price stock

Menu IconA vertical stack of three evenly spaced horizontal lines. This model is based on Metcalfe’s law, which says the value of a network is proportional to the square of the number of users on the network. Bitcoin has been trading at a bitcoin price stock above the price projected by the model. He says his short-term valuation model, built on Metcalfe’s law, can explain the majority of bitcoin’s volatility.