Whats really at play here? Stock to flow? or Metcalfe's law?
Liked by Matthew Lansing and 12 others
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Hi Craig P,
As always you provide thoughtful posts. After thinking of X, Y and N of BTC, yea...it'd say the Metcalf's is spot on. If so, BTCUSD price will grow massively in the coming months as long as number of addresses grows as well. It was fun seeing the dips in BTCUSD (Log) drop when the addresses dip too.
Thanks for posting these up. What would be the easiest way for me to generate these myself (where do you get your data from)?
The raw data is from www.coinmetrics.io, but I did my own stock-to-flow calcs and built the charts using some Python.
Cheers will give it a go