2023-8-3 22:28 |
Metcalfe’s Law suggests that the more people who use a cryptocurrency, the more valuable and useful it becomes.
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Ethereum is now the second major cryptocurrency from the last bull run to break its former all-time high. One author and economist, however, claims that this is only the beginning of the top altcoin following in Bitcoin’s footsteps, and will soon rally to $20,000 mimicking the epic 2017 bull run.
2021-1-20 18:30 | |
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Active and unique addresses are important to consider when determining the fundamental value of the network based on Metcalfe's law.
2021-1-7 14:01 | |
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Active and unique addresses are important to consider when determining the fundamental value of the network using Metcalfe's law. A sudden and continuous increase in active addresses paints a bullish picture as this typically indicates a sharp increase in on-chain use or interest.
2020-12-9 14:01 | |
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Analysis by Cane Island’s Timothy Peterson suggests that bitcoin price will indeed come to be counted in the millions, based on current adoption rate. But before we all start immediately ordering Lambos, this won’t be happening for at least a decade, according to Peterson’s calculations.
2019-10-28 16:48 | |
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Popular altcoins like ETH, XRP, and TRX were seen following the footsteps of BTC as they mirrored BTC’s surge and drop. Bitcoin, with a market cap of $207 billion, is the largest cryptocurrency and the on-chain activities of the coin like transaction volume, active addresses, number of transactions, etc.
2019-8-8 04:30 | |
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Author and financial analyst, Timothy Peterson, believes that Bitcoin’s growing correlation to Japan’s MSCI could end badly if traditional markets sharply correct. Bitcoin Correlation in Japan’s Markets Timothy Peterson, the author of Metcalfe’s Law as a Model for Bitcoin’s Value, recently tweeted a chart comparing the MSCI Japan in USD to Bitcoin in JPY from July 2014 until July 2019.
2019-7-16 22:00 | |
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While Bitcoin price is down about 80 percent from its 2017 peak at $20,000, the BTC bubble index has taken a hit as well. The Bubble index of LongHash which is a data journalism platform is based on Bitcoin market capitalization, active addresses on the Bitcoin blockchain, and Metcalfe’s Law. Source: LongHash During this week […]
2019-3-4 23:25 | |
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A new study has concluded that Metcalfe’s law may only be applicable to Bitcoin for the long term. In the short term, the researchers found the validity of the law to be “questionable.
2019-2-24 00:00 | |
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According to a recently released study, MetCalfe’s law applies to Bitcoin (BTC) only in the long term. In the short term, the results are questionable. The authors of the study investigated the statistical properties of some cryptocurrencies with three layers of analysis.
2019-2-20 01:07 | |
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A new study has confirmed MetCalfe’s law applies to bitcoin, but only in the long term. Its validity in the short term is questionable, the study says. They also look... The post MetCalfe’s Law Applies to Bitcoin Only in the Long Term, Not Short Term, Says New Study appeared first on Trustnodes.
2019-2-19 18:29 | |
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Ethereum’s price usually follows network usage in a fairly significant correlation in line with MetCalfe’s Law, but recently that hasn’t quite been the case. Ethereum’s daily transaction numbers, for example,.
2018-9-13 14:21 | |
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Looks like it’s blockchain split season again. For background of various people discussing the topic, and whether such splits are good or bad: Power laws and network effects (arguing the BTC/BCC split may destroy value due to network effect loss): https://medium.
2018-7-21 23:03 | |
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