[bachback]

This is impossible. The network can never put a limit to its own value. The valuation must come from outside. How should a network possible describe what its worth? The money network should not predict demand. One could in theory have predictors of demand, but that would be an algorithm for pricing a set of cryptocoins.

[swalsh]

pretty easily actually. The block chain gives us a pretty reasonable way to estimate the supply of currency, the velocity of it, and we can kind of estimate price. That's enough. I think if we modified the protocol a bit we could make it even more accurate too.

[bachback]

estimate price. you must be centi-millionaire then.