RE: Last Hour Price Changes: STEEM:-1.22 BTC:-1.25 ETH:-1.15 XRP:-1.11 BCH:-2.94 ADA:-2.39 LTC:-1.21 XEM:-1.73 EOS:-2.61 XLM:-2.74 NEO:-2.74

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Last Hour Price Changes: STEEM:-1.22 BTC:-1.25 ETH:-1.15 XRP:-1.11 BCH:-2.94 ADA:-2.39 LTC:-1.21 XEM:-1.73 EOS:-2.61 XLM:-2.74 NEO:-2.74

in steem •  7 years ago 

Looking at your charts there, and not really paying attention to the value price, but more the amount of coins available. ( I am totally new in all of this mind of thinking, Forgive my ignorance) Going of just the amount available. and the total amount of BTC that can be mined, If Bitcoin survives and continue's to be used, Once all has been mined the 21M coins all out there, That offer the potential then for bitcoin to moon I think is the phrase? where the value can rocket because the supply is out there?

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HI @brayias,

Your vote is really appreciated. There a few research on this topic. Personally, I tried some algorithms in order to figure out (predict) some values, but, is actually impossible get to a "real" value.
There is no pattern to follow and a few variables to take into account.

I'm preparing a post regarding this scenario.