Metcalfe's Law = the value of a network is proportional to the square of the number of its users = monster $EOS potential. Once there are 100+ dApps, imagine the possibilities. 100-1000x potential. Worth the risk.
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So whats the $ calculation?
funny you should say that @fiftyshadesofhey - check out the episode of Crypo Nights on my blog before this post.
We discuss BTC's potential based on Metcalfe's law.
Interesting. I recently read this post on seeking alpha considering the same topic: https://seekingalpha.com/article/4111032-yes-virginia-bitcoin-value-part.
I try to reconcile that with the TA prediction of @haejin, that BTC will top soon and corrct perhaps below $500. Haejin has a pretty strong record as long as I have followed him. One plausible explanation could be negative fallout from upcoming hardforks, potentially with BTC being replaced as the 'reserve' crypto. I would be really interested in your thoughts on this.
If this case were to play out with BTC dropping so much, does @haejin have a prediction for which crypto would become the new reserve crypto? I wouldn't mind if BTC fell out of favor, but am keen to understand which coin would replace it.
If this case were to play out with BTC dropping so much, does @haejin have a prediction for which crypto would become the new reserve crypto? I wouldn't mind if BTC fell out of favor, but am keen to understand which coin would replace it.
If this case were to play out with BTC dropping so much, does @haejin have a prediction for which crypto would become the new reserve crypto? I wouldn't mind if BTC fell out of favor, but am keen to understand which coin would replace it.