It is written. It's a fucking power law, man.

I'm not a statistician but I think a candle above $1M would be a bad data point for the model.

The ranges are absurd. I don’t see how it can fail.

Advanced math is not my vocabulary so i just stack when number go down.

🧡🍻👊🏻

You mean, the power opinion chart?

Soon... Soon.

The power law is just a model based on all prior data points.

I don't like it, because I think its current "predictions" are incredibly bearish on account of the underperformance of the last cycle, but if we spike to $1M, the power law model just incorporates that data and its targets would move higher.

All models will be broken, but then they will just adjust to reflect that most recent data.

Ignore the models: Stay humble, stack sats.

Not sure, but it is bullshit. The guy who made it has 0 theoretical basis for it and is just guessing.

I know for certain that by the time Bitcoin becomes the de facto medium of exchange for the world, it will have stopped growing as a power law with respect to stable baskets of wealth or stable currencies like the dollar, because that kind of wealth will grow generally exponentially, barring various possible catastrophes, and Bitcoin's average value in that unit will depend essentially on its total addressable market.

How long before that happens that it breaks the power law trend, I don't know.