The overall chart of Bitcoin demand has shown a clear growth trend, with demand in dollar terms increasing by 2.2 times each year. BTC Demand May Become Self-Fulfilling Prophecy The big mystery for Bitcoin is whether the reward halving would cause a significant price rally. Skeptics see the possibility as rather distant. Attached a slightly different approach which might help understanding bitcoin demand dynamics. Demand is modeled, taking into account the ‘flow’. According to theRead MoreThe post Bitcoin Demand Model Reveals a ‘Clear Growth Trend’ (Since 2011) appeared first on Bitcoinist.com.
