Viewing a response to: @jrcornel/is-it-possible-to-find-bitcoin-s-intrinsic-value
Wow, that was a very cool way to break this down. Much better than the guesses being thrown around by pundits or bogus comparisons to the tulip market. This was the best article I saw that dispels the tulip bubble argument. https://steemit.com/money/@thehutchreport/dimon-is-whistling-thin-air-out-of-his-two-lips-bitcoin-is-not-like-the-tulip-bubble Oh and thank you for sparing us the complicated details, but I could not resist looking up the complete Fisher version, so here it is also if anyone else wants to see it: " MV = ∑ piqj = PT ….(4.1) where M = total stock of money in an economy; V = velocity of circulation of money, that is, the number of times a unit of money changes its hand; Pi = prices of individual goods; ∑P = p1q1 + p2q2 + … + pnqn are the prices and outputs of all individual goods; qi = quantities of individual goods transacted; P = average or general price level or index of prices; "
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author | petpeeves |
permlink | re-jrcornel-is-it-possible-to-find-bitcoin-s-intrinsic-value-20170913t185642180z |
category | bitcoin |
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You no what ? I don't understand nothing, I have a lot to learn
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author | juanmallorca |
permlink | re-petpeeves-re-jrcornel-is-it-possible-to-find-bitcoin-s-intrinsic-value-20170913t191632061z |
category | bitcoin |
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there is nothing to understand... if @petpeeves had a daughter, she would certainly not be a genius (there is a big truth in this sentence, and if you don't know the quote... enjoy the ride :)).
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permlink | re-juanmallorca-re-petpeeves-re-jrcornel-is-it-possible-to-find-bitcoin-s-intrinsic-value-20170913t192307812z |
category | bitcoin |
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Probably not .... but she would pass the chauffeur test. :) https://www.farnamstreetblog.com/2015/09/two-types-of-knowledge/
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category | bitcoin |
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I'm simple 1 x 1 = 1 😎
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juanmallorca | 0 | 398,986,012 | 100% |
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category | bitcoin |
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Thank you
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author | juliusfatai |
permlink | re-petpeeves-re-jrcornel-is-it-possible-to-find-bitcoin-s-intrinsic-value-20170913t194912922z |
category | bitcoin |
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