Is there formula for bitcoin price ?

[3la9l_kolbaCa]

There is no definite formula, it all matters in the demand and supply law. When the demand increases the price increases knowing that the supply of bitcoin is soon to be limited. There might be certain codes or laws applied in bitcoin while creating it, exact formula might be too tricky when laws also used.

If ever there's a formula for determining bitcoin price, I guess it won't be divulged to the public. Business is purely confidential and should be a confidential matters with regards to its foundation. Bitcoin is a huge business of anonymous people, so we must understand that this thing is always kept secure to maintain it's momentum and remain into the strong pillars.

[fiulpro]

You will find platforms predicting the market , how it will go and how the price will rise , upto what , but after years of seeing them all what I know is
NO
They will say things and trust me it would have worked if it would have been something like stock market but bitcoins and cryptocurrencies are something that is really hard to put the hand on therefore I don't think you are gonna find something to predict the price .

[iamsheikhadil]

I think it's beyond just normal price and demand because since the supply of it is fixed and there's guarantee of that amount and not a fear of losing it anytime before the limited number is mined, we should consider other factors like electricity and mining costs and also value of blockchain.

[pixie85]

There is none. Some people are relying on moving averages that show the bottom value and determine the price this way, some project the value by looking at halvings and how much the price rose after each of them, some are taking the minimum price as the lowest level of mining profitability, currently around 6000 dollars.

There's really no universal pattern or formula understood and valued by all investors.

[GideonGono]

I am wondering analysis of bitcoin price/value.
I see some simplified econmics model in Princeton course about bitcoin.
That is Supply = T/P
           Demand = S/D
For price P = TD/S.

Although it is simplied model, while it provides basic thinking about it.

My question is is there other popular model/formula about it ?

You can't create some formula because it was too hard to think what people's mind. We can accumulated such incoming data because everyday we cope a lot of different news and there are a lot of possible happen everyday and it would be math error.

[EdvinZ]

Even technical analysis often does not work in the cryptocurrency market, not to mention some formulas for calculating the value. If it were that simple, everyone would be rich. The cryptocurrency market is extremely young and unpredictable. I would rely more on an intuitive search for the lowest point to enter an asset than on some obscure formulas.

[Amel]

There is no definite formula, it all matters in the demand and supply law. When the demand increases the price increases knowing that the supply of bitcoin is soon to be limited. There might be certain codes or laws applied in bitcoin while creating it, exact formula might be too tricky when laws also used.

If ever there's a formula for determining bitcoin price, I guess it won't be divulged to the public. Business is purely confidential and should be a confidential matters with regards to its foundation. Bitcoin is a huge business of anonymous people, so we must understand that this thing is always kept secure to maintain it's momentum and remain into the strong pillars.

I think such a formula really does not exist, bitcoin is a decentralized currency where the price determination is purely done by market participants. If there is a formula, then there is a control behind the bitcoin market, maybe the purpose of the formula is a strategy, if the strategy still makes sense because everyone has their own formula.

[Wapfika]

You will find platforms predicting the market , how it will go and how the price will rise , upto what , but after years of seeing them all what I know is
NO
They will say things and trust me it would have worked if it would have been something like stock market but bitcoins and cryptocurrencies are something that is really hard to put the hand on therefore I don't think you are gonna find something to predict the price .

No one can explain the formula, developers create their own based on their analysis. All we know is that BTC Prices pertain in the law of supply and demand like any other traded currencies and in stock market. Satoshi may used  some formula but its only hime who can identify and expose it as bitcoin is created to be decentralised and to be this unique.

[Aying]

I am wondering analysis of bitcoin price/value.
I see some simplified econmics model in Princeton course about bitcoin.
That is Supply = T/P
           Demand = S/D
For price P = TD/S.

Although it is simplied model, while it provides basic thinking about it.

My question is is there other popular model/formula about it ?

If there is model/formula then it is like we can predict the price and what will happen next? No one can predict the price right? so there is no such formula, if there is, then many are rich now and predict the price and get it. we are experience and know crypto and bitcoin for many years and even a single move that we want to know we didn't get because it is not readable or we cant find it anywhere if it is written.

[justdimin]

There is one that people keep forgetting that is definitely not deciding bitcoins price but at least gives us a ball park of what could be the calculation for "SOME" people. Which is how much is a cost of bitcoin when mined.

Even the most advanced and amazing machines have a slight profit right now at around 6 thousand dollars cost, that is why right now not all miners are making money, the old generation machines are making a loss and the new and advanced ones are barely making any profit, which shows people with thousands of machines do make a decent income because it is all combined but the people with few coins do not make that much money at all. That is the "cost" of bitcoin tho, not the "price" of bitcoin which are totally different things but at least it is a formula that can be used for certain people.

[heidikim]

I used to use a simple calculation. I would divide the price by the total number and draw a conclusion. However, this is not the correct result. To calculate the price of a coin, you need to investigate its popularity. As a result, if all coins go on sale at the same time, the price is reset.

[Soots]

Technically it do have it's formula, but we as an average person who just invested fairly I don't think we have good times know about it. Honestly we don't care for that, and we what's most thing that we're interested to is bitcoin's price to increase and give us hope.
Most people on knew about cryptocurrency, was trading and gambling so with respect to formula it remained a very discreet idea for deeper idealism about digital currency.

[meliodas]

Technically it do have it's formula, but we as an average person who just invested fairly I don't think we have good times know about it. Honestly we don't care for that, and we what's most thing that we're interested to is bitcoin's price to increase and give us hope.
Most people on knew about cryptocurrency, was trading and gambling so with respect to formula it remained a very discreet idea for deeper idealism about digital currency.

If a person has a mindset like that then probably at the end, he will lose money in his investments. A wise investor always care for the price because it is the measurement to see if the value of something has gone up too high for him to buy as an investment. Investing is about patience and waiting, if you will always buy at the current price then there is a high chance for you to hold it longer just to make a decent profit.

[DevilSlayer]

Technically it do have it's formula, but we as an average person who just invested fairly I don't think we have good times know about it. Honestly we don't care for that, and we what's most thing that we're interested to is bitcoin's price to increase and give us hope.
Most people on knew about cryptocurrency, was trading and gambling so with respect to formula it remained a very discreet idea for deeper idealism about digital currency.

If a person has a mindset like that then probably at the end, he will lose money in his investments. A wise investor always care for the price because it is the measurement to see if the value of something has gone up too high for him to buy as an investment. Investing is about patience and waiting, if you will always buy at the current price then there is a high chance for you to hold it longer just to make a decent profit.

A good investment have a good timing, we cannot just put our money without proper timing and researching. The price of the bitcoin matters when we are investing, we cannot invest if its price is at the peak because there is high possibility that the price will go down. IT is really better if we have good timing where we should enter to the market when its price is at the bottom.

[imstillthebest]

simple = basic so yeah , you cant expect extra-ordinary about it but if you want more precise formula you can still find them on here or on some other sites just do a research of the exact thing that you are looking for .

 me i prefer the basic one because that is more understandable for a low i.q person like me and i believe that no matter how you look for more  detailed forumula's there is still a chance that your analysis will be failed because of the disruptors and manipulators of this market .

[ChronoLite]

all the formula is just a simple one, it's simply a demand and supply formula, you should know that  and it's literally really basic stuff when it comes to trading and speculating bitcoin price. people don't know this, should just probably not enter this world.

simple = basic so yeah

simple doesn't mean basic forever, it depends on the person whose understanding the formula. if they don't know what the hell is that, then it's not a basic stuff for them.

[Vishnu.Reang]

Back in 2010, the first ever Bitcoin exchange (New Liberty Standard) used some sort of formula (based on the block reward and electricity cost for mining) to calculate the Bitcoin prices. They had fixed BTC vs USD exchange rates, which got revised every month or so. And if I remember correctly, for the first month the exchange rate was like 1 USD = 1,300 BTC.

[NathanJB]

I am wondering analysis of bitcoin price/value.
I see some simplified econmics model in Princeton course about bitcoin.
That is Supply = T/P
           Demand = S/D
For price P = TD/S.

Although it is simplied model, while it provides basic thinking about it.

My question is is there other popular model/formula about it ?

I am afraid not even a Princeton course about Bitcoin could determine its price. The price of Bitcoin is determined solely by the market. There is no other mathematical formula that determines it. Bitcoin is offered to the public where everybody can buy and sell as they please. That is how the price of Bitcoin is created. You can create a general pattern of supply and demand on Bitcoin but not to determine its exact price.

[seoincorporation]

I am wondering analysis of bitcoin price/value.
I see some simplified econmics model in Princeton course about bitcoin.
That is Supply = T/P
           Demand = S/D
For price P = TD/S.

Although it is simplied model, while it provides basic thinking about it.

My question is is there other popular model/formula about it ?

This formula maybe works to estimate the price in real time, but it doesn't work to make a future projection of bitcoin price. In the end the bitcoin price doesn't come from a formula, it comes from the markets. What's the price that people are ready to pay for it and how much want the users at the moment to sell their bitcoins.

[onrise]

There is no definite formula, it all matters in the demand and supply law. When the demand increases the price increases knowing that the supply of bitcoin is soon to be limited. There might be certain codes or laws applied in bitcoin while creating it, exact formula might be too tricky when laws also used.

If ever there's a formula for determining bitcoin price, I guess it won't be divulged to the public. Business is purely confidential and should be a confidential matters with regards to its foundation. Bitcoin is a huge business of anonymous people, so we must understand that this thing is always kept secure to maintain it's momentum and remain into the strong pillars.

The price of any coin majorly depends upon the demand and supply. If supply is less and people are demanding more than the price will rise and we have seen in past as well and vice-versa as well. Also at times news plays a vital role in the determine of the bitcoin price.