Power law is retarded. It assumes the past will continue in the future. The past didn’t have nation state adoption, ETFs, more money printing, corporate adoption, pension adoption, etc. it is super bearish and that boomer pushing it is annoying af
Discussion
Orange pillers suffer from recency bias and a complete lack of foresight and conviction . Same story different day
I hate his face
Again no one challenges him so he must be right! Hes super rich bro! Got more time to stack bro! Price doesn’t matter anyways bros! Price = supply vs demand. Supply will continually decrease, demand is about to shoot up like a rocket for above said reasons. Watch stock to flow being way more accurate in the future. It was held back from the blatant fraud with 3ac/ftx/celsius/blockfi.
Boomers are always wrong lol
Even when they are wrong, they are right! It’s amazing
When you’re raised on bail outs I guess that becomes the mantra.
Just look at Cathie Wood. Still has her job lol
DEI hire . Ppl deserve to lose their money giving it to her
Just one example of these damn boomers at leadership. Can they retire or die already? Like seriously go away
😂 which one? Giovanni or Fred or both?
15 years of data is not a lot, but it’s the best we have I guess.
If the power law gets mathematicians and physicist to buy bitcoin I don’t mind
Fred mostly but both of them are wrong
You don’t think the price will continue to fit a power law over the next 4-10 years? Or that the power of the trend line will be higher than it currently is ?
Definitely not. It’s going to explode to the upside within a year. We are in a new era. Everything has changed
Hope you’re right, but the worst case scenario of $10M on 2045 is not so bad either
People were warned last cycle not to try to sell the top or they'd never be able to buy back in. Many people regret being too bullish last cycle.
Watch them sell the top this cycle & brag about it as it dips back below 100k.
Last cycle had a disappointing bull market. This cycle will have a disappointing bear market.
FAFO