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Monetarist Theory Of 'Equation Of Exchange' Can Explain How Bitcoin Became A Bubble – Seeking Alpha

Sunday 21st, January 2018 / 19:38

Monetarist Theory Of ‘Equation Of Exchange‘ Can Explain How Bitcoin Became A Bubble
Seeking Alpha
If it’s some sort of money, then the Equation of Exchange might provide some pointers? It does; price ($B) correlates with transaction-value per Bitcoins in circulation ($T/nB): R-Squared=98.59% (P<0.0001*). Too good to be true perhaps? Or perhaps

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