Is there any solid (or even pseudo-solid) research about the fundamentals that impact the price of bitcoin?
I am curious from a Finance/Economics perspective about the long-term drivers. I would imagine that in the long term, the cost of energy and the price of bitcoin mining hardware would play a big role.
It would also be interesting to know if there is any correlation between bitcoin price and various global stock indices, currencies, and commodities.
Any thoughts?
Read this article about economics of mining & price
http://www.businessinsider.com/bitcoin-is-facing-a-potentially-fatal-paradox-2014-5