in

Question my Theory

I’m not the most knowledgeable but I’ve been doing my own research for a few years now and I’m looking to test a theory Ive come up with.

https://pbs.twimg.com/media/ErGJU6XWMAAAhP1.jpg

I saw this graph recently. It shows btc and eth price movements matched from the day each one reached 1 million active users.

As you can see the price movements are almost identical. However these movements are occurring years apart. To me (and again I am an untrained eye I don’t know shit really) this fact means that Metcalfes law is the driving factor in the price movements of both BTC and ETH.

Please let me know if I am greatly mistaken. I assume I am. However if not this makes me that much more confident in the future.



View Reddit by Frequent_Parsley1216View Source

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

2 Comments

Loading…

0

What do you think?

Number of women trading crypto grows by 7 times so far in 2021

How to minimize Bitcoin transaction fees