Five Fundamental Effects in Bitcoin

Cobweb Supply, Reservation Demand & the Foundations for Understanding Bitcoin’s Price

Prateek Goorha
The Startup
Published in
9 min readMay 19, 2019

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Bitcoin. An actual diagram.

Bitcoin’s value has little to do with its quotidian price histrionics. Yes, exuberant speculation routinely outplays rationality. And, of course, there are complex interactions from extant and expected financial market innovations, growing or abating regulatory…

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Prateek Goorha
The Startup

Social scientist interested in the economics of innovation. Part-time author. Full-time blockchain explorer.