A new study has concluded that Metcalfe’s law may only be applicable to Bitcoin for the long term. In the short term, the researchers found the validity of the law to be “questionable.” Metcalfe’s Law Only Good For The Long Term A new study called Metcalfe’s law and herding behavior in the cryptocurrency market, authored by Danial Traian Pele and Miruna Mazurency-Marinescu-Pele has confirmed that Metcalfe’s law may only apply to Bitcoin’s network in the long term. TheRead MoreThe post Study: Metcalfe’s Law May Apply to Bitcoin Only in the Long Term appeared first on Bitcoinist.com.
