Trezor Wallet Io - HOW TO VALUE BITCOIN

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If you want to find out more about the tools we have for cryptocurrency investors in our Masters area, see video here: https://moocharoo.ninja/bmm



How to value a bitcoin?

While Metcalfe's Law on the exponential growth in the value of a network as more "nodes" are added is of some value, it can not really be used on its own as a measure of the value of bitcoin or any of cryptocurrency.

As the value of a telephone network would not be in the number of telephones connected but the number and length of telephones calls being made.
A social network cannot be valued by the number of registered accounts but rather the number of social interactions.

Likewise a cryptocurrency like bitcoin cannot be have its value measured by the number of miners, the hashrate or even the number of active wallet addresses. The only way to value a cryptocurrency blockchain would be using a ratio to measure the number of daily transactions and estimated average value of those transactions.

We plan on building a tool into Moocharoo Ninja over the coming months, a tool to measure the true value of the top cryptocurrencies.

If you think this would be a useful tool or if you think this idea is completely ridiculous, please share your thoughts below in the comments.




Get yourself a secure TREZOR wallet here: https://bit.ly/2EnrSJK

**DISCLAIMER**: I am not a financial adviser nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your own research before making any investment. You should also understand the risks of investing. This is all speculative based investing.




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Category
Crypto Wallets
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trezor wallet io
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