Law 1: There are cycles of Bitcoin. The price of the Bitcoin in each cycle is 10 times more than the former cycle. Each cycle has 4 Seasons:
A. Spring of flowers and fruits (the years 2013, 2017, 2021)
B. Summer of death (2014, 2018, 2022)
C. Autumn of strengthening the underground roots (2011, 2015, 2019)
D. Winter of a lot of rain, halving(2012, 2016, 2020)
The Model of Plan B is mainly of Supply (S/F Stock to Flow). But what about Demand? The rules of demand:
A. Metcalfe rule — The value of the network is a function of the number of its links = ~N²
B. Huber-Hettinga rule— The value of the network as a function of the costs of its switches.
C. West rule— The value of the network as a function of its cost of scaling
D. Szabo rule— The value of the network as a function of the cost of its links = ~N⁴
Law 2: The Demand Side. The Price 0f the Bitcoin = ^N-4 (Where N is the power of the number of the users of the Bitcoin)
“It has the potential for a positive feedback loop; as users increase, the value goes up, which could attract more users to take advantage of the increasing value.” — Satoshi Nakamoto.
Law 3, The Price in each cycle is about 1,600% of the price of the former cycle.
2013 ~1, 200$
2021 ~ 320,000$
Law 4, Ethereum price is always 2–10% of the Bitcoin Price (because it is one cycle less the Bitcoin)