Am I dumb for thinking there may be alpha in the stock to flow model this cycle now that everyone has abandoned it? 
Discussion
YES
Probably
Not dumb. I think a lot of people will be shocked in 2025.
Imagine if every doctor in America suddenly stopped offering vaccines
That’s the level of about-face Wall Street did on Bitcoin between the last cycle and now
I can’t help but think this is not priced in
Could be sooner than expected with RFK jnr in charge of the Make America Healthy Again.
I also like that RFK and a lot of the Trump team are pro psychedelics and cannabis
Nope!
It's a good 🧠 exercise
All models are wrong but I think power law is interesting.
Power laws are everywhere in nature, shaping everything from galaxies to ecosystems. Bitcoin’s adherence to this same structure is beautiful; its halving cycles, difficulty adjustments, and network growth all mirror the resilient, self-regulating patterns we see in living systems. It’s as if Bitcoin has taken on the qualities of a living organism, growing and adapting in harmony with the fundamental laws of nature.
Yes
Nope. 2025 is poised for face-rippings.
It would be a hilarious outcome if it validated 😂
I never abandoned it. Prefer this view, tho.
Why would anyone abandon pure grade hopium
I never stopped believing in it. The ftx fraud era was the reason why it broke
I have always found it to be a useful model.
Human error and malfeasant behaviour cannot be modelled.
People like to dunk on it because they don't like the Y factor.
Being time.
This is the way: #Bitcoin, #Lightning, #Fedimint.
If there is any pattern in this than the next peak will likely be lower, since the last green low was also lower "than expected", but stil a formidable price 🤑
Yep I'm with you on the dude!
We're allowed to hit around $890,050 this epoch but not a fiat penny more
Sad very depressing no cent:sat parity this epoch
this note is how everyone readopts it 😂
like clockwork.
No, it's the other way around - being dumb is what makes you think this.
I’m thinking we are either underwhelmed ($125k) or overwhelmed ($500k+)
Just my two sats
I always thought stock to flow and power law, and whatever rational root’s spiral graph thing is, are all useful tools, but none should be taken as the gospel. It’s funny to me so much tribalism emerged to attack or defend each one. I just thought they all had some value but weren’t perfect 🤷🏻♂️