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RE: The "Coinbase Effect"

in #steemit7 years ago

This was definitely already on my list. For instance Overstock.com selects to allow bitcoin, and Overstock's value goes up. However, what does the value of BTC (the accepted currency) do, and then what about the ripple effects on cryptocurrency as a whole. Is this exponential decay function, or perhaps logarthimic and you take steps away from bitcoin. Maybe it is a step function.
I need a mathematician.

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