Is there formula for bitcoin price ?

[Subbir]

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 ?

There is no formula for bitcoin pricing and it's not governed by any model. Bitcoin is sustained counting on the market situation. the worth of bitcoin has fluctuated but nobody can control it counting on the demand for investment repeatedly the market whales have come down the worth.

[Bohxz M4p4gm4h4l25]

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 don't think there is. The bitcoin ecosystem was purely base and affected by the users. Its price was dependent on the behaviour of the users.

For example when the market seems bad and the panic arises,  people will probaly get their investment and put it on something else. These behaviour will drastically decrease the price of bitcoin because they are converting it to something else and vice versa.

Bitcoin price relies to the hype of it like what happen in 2017 where every people was interested and buying bitcoins.

[Sanugarid]

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 ?

On my view, I don't think bitcoin has a certain formula. It usually depends on the demand and blockchain consuming. I usually base my predictions on the law of supply and demand wherein whenever the demand rises, the supply decreases and the price goes high which makes it a good opportunity to start selling. I think instead of focusing on the formula, we need to focus more on monitoring the value of bitcoin to know when are the best time to sell and buy.

[Negotiation]

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 don't think Bitcoin has any clue Bitcoin is a digital currency and it is not controlled by anything depending on the state of the market and how it will be used by the user The price is lower but with the investment it can be profitable as demand increases.