Measuring Bitcoin Speculation

Measuring #Bitcoin Speculation

I'm not normally one to delve too deeply into the world of financial charts, math and indices - oh I can read all variety of charts just fine and make arbitrary speculative guesses with the best of them, but I've seldom considered myself clever enough to make any attempt at inventing my own. The standard investment data has been around for ages, after all, and many were thought up by Nobel laureates so what kind of hubris would I need to even make an attempt? I recently had a realization that changes that viewpoint: None of those Nobel laureates had the kind of perfect and transparent view of a market that Bitcoin provides so maybe my observations, no matter how obvious they seem, weren't implemented because the data wasn't available, rather than because they're silly or wrong... In a recent post , I mused that the primary driver of Bitcoin's value is the network effect - ...

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