Tag Archives: Bitcoin Remittances

Modelling the Price of Bitcoin – Is a $100,000 bitcoin possible?

Can the price of Bitcoin reach hundred thousand dollars, or more?

Source, World Bitcoin Network

Even if you consider the blockchain as the fundamental innovation of Bitcoin, price matters, and indeed, the higher the price, the more Bitcoin is protected.

This time we focus on price, specifically in the attempt to model the price of Bitcoin. Models may not predict the price, but the certainly provide a better understanding.

The video walk you through the concepts and challenges of modelling the price of Bitcoin. From velocity, transaction volume, supply, to all the big markets Bitcoin proposes to disrupt (hedge funds, gold, e-commerce, money supply, remittances etc).

Geir Solem
Cryptor Trust Inc.