[2014-07-09] Pantera Capital Launches Pantera Bitindex, States “Venture Capital

[LiteCoinGuy]

Pantera Capital Launches Pantera Bitindex, States “Venture Capital Will Drive Bitcoin Growth”

http://dcmagnates.com/pantera-capital-launches-pantera-bitindex-states-venture-capital-will-drive-bitcoin-growth/

BitIndex

The research report also announced the launch of the Pantera BitIndex.  Measuring seven data points, according to Pantera Capital, the index isn’t meant as a short term predicter of price movements, but one that is expected to forecast medium range movements of bitcoin prices.  The seven data points are:

    Developer interest on GitHub
    Merchant adoption
    Wikipedia views
    Hashrate
    Google searches
    User adoption as measured by wallets
    Transaction volume



interesting index.

[SirWilliam]

Sounds useful but will have to be tested in reality...