[ExI] "Crypto Coin Law" vs "Law of the Crypto Coin"?

[Gordon]

Brent Allsop <brent.allsop at canonizer.com> wrote:


>Also, many of you have expressed your opinion about how there is no law 

>around Bitcoin Valuations, so I'd also very much like to hear your 
>opinion!!  If you don't like the term 'law', what would be a better name 
>for the best consensus camp?


Good for you for reconsidering the use of the word "law". Aside from the law of supply and demand, I see no law that should predict or guide the price of bitcoin. We can (perhaps) make some reasonable predictions about future supply, but predictions about future demand are mostly guesswork.

Instead of a "law" that predicts the price of bitcoin, consider the conventional term "trend". We all hope the long term uptrend continues, but it's only a trend.

Gordon
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