Authored by Tobias Huber via Hackernoon.com,
A Fundamental Valuation of Bitcoin and a Diagnostic for Bitcoin Bubbles
Visualization of the bitcoin price
Spencer Wheatley, Didier Sornette, Tobias A. Huber, Max Reppen, Robert N. Gantner - based on our recently published paper.
Since its release in 2008 by Satoshi Nakamoto, Bitcoin has grown tremendously, and cryptocurrencies have become an emerging asset class. At the end of 2017, the price of bitcoin peaked at almost 20’000 USD, but now...