RE: According to Metcalfe's law, Ethereum is under valued while Bitcoin is in a bubble by petrmisan

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· @petrmisan · (edited)
$1.01
Vitalik Buterin had a nice application of Metcalfe's Law a few months ago when he tried to think about the effect of Bitcoin Cash on the Bitcoin price. Note that this was before the August 1 Bitcoin Cash fork:
http://vitalik.ca/general/2017/07/27/metcalfe.html
As you know, the fork ended up being a 'free lunch' at least within the first few days because bitcoin price rose.
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@dana-edwards ·
Bitcoin accounts got Bitcoin cash but not all Bitcoin users had accounts which got Bitcoin Cash. Coinbase users for instance.
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@jovial-grace ·
Not yet, that is.
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