Bitcoin Forum

Economy => Economics => Topic started by: crabel on March 14, 2014, 07:11:55 PM



Title: Quantifying the Value of Bitcoin
Post by: crabel on March 14, 2014, 07:11:55 PM
I finished a project that developed statistical measures of the bitcoin blockchain. The method determines the marginal utility of bitcoin, the amount of network activity, an estimate of the number of network participants, and how these all interrelate. It also lays the initial foundation for analyzing the growth of the network.

http://statisticaleconomics.org/2014/03/13/quantifying-the-value-of-bitcoin-2/


Cal Abel


Title: Re: Quantifying the Value of Bitcoin
Post by: c0ldfusi0nz on March 14, 2014, 07:12:51 PM
But... what's the quantified value?


Title: Re: Quantifying the Value of Bitcoin
Post by: Light on March 14, 2014, 11:22:39 PM
I'm going to flatly state there is and never will be a quantifiable value universal to everyone. Every single person will have a different perception to its value, not to mention it's nearly impossible to measure the true value of anything.


Title: Re: Quantifying the Value of Bitcoin
Post by: aminorex on March 15, 2014, 03:44:18 AM
I'm going to flatly state there is and never will be a quantifiable value universal to everyone. Every single person will have a different perception to its value, not to mention it's nearly impossible to measure the true value of anything.

That's one sense of the word "value" but there are others which may be more useful.  PQ/M is a useful definition of value.


Title: Re: Quantifying the Value of Bitcoin
Post by: noviapriani on April 23, 2014, 08:02:40 AM
Statistical physics models are super awesome and can predict events if the boundary conditions are stationary .


Title: Re: Quantifying the Value of Bitcoin
Post by: enpott on April 23, 2014, 08:07:52 AM
Quantifying the Value of Bitcoin relatively base on volume.