My bad ... the units are different so can't plot them on the same graph in that way ... here's the updated code:

```python

import matplotlib.pyplot as plt

import numpy as np

import pandas as pd

import requests

currency = "USD"

response = requests.get(

f"https://mempool.space/api/v1/historical-price?currency={currency}"

)

data = response.json()

df = pd.DataFrame(data["prices"])

df["time"] = pd.to_datetime(df["time"], unit="s")

fig, ax1 = plt.subplots()

ax2 = ax1.twinx()

ax1.plot(df["time"], np.log2(df[currency]), color="Black", marker="o")

ax2.plot(df["time"], np.log10(df[currency]), color="#FF9900")

ax1.set_xlabel("Date")

ax1.set_ylabel(f"Log Base 2 Historical {currency} Price", color="Black")

ax2.set_ylabel(f"Log Base 10 Historical {currency} Price", color="#FF9900")

plt.show()

```

and the corresponding figure (i.e. it's the same shape):

Reply to this note

Please Login to reply.

Discussion

nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq3zamnwvaz7tmwdaehgu3wwa5kuef0qyfhwumn8ghj7ur4wfcxcetsv9njuetn9uq3vamnwvaz7tm9v3jkutnwdaehgu3wd3skuep0qqsxzsz83jdwztcapd2qulzhspnyjvn6jxcypvrl0w3aahp40j4smfgchnfr5 you are right, it is the same

maybe a higher exponent will flatten it further but it's not hard to see it's already getting quite flat now anyway, like, there is a trend that is decelerating by about the same amount each cycle, but it gets closer and closer to a normal y=x*coeff as time goes on... with that power ratio though, so, just to remember in the linear it's gonna be ... well

somewhere between 150-300 this time, and probably 4x as much as that next time, assuming no hyperinflation, at which point the USD value means nothing anymore

Putting aside the math for a second, let’s talk about price.

Price is entirely psychology. The price of something is what one is willing to exchange for it.

The price of #Bitcoin is crossing an uncomfortable chasm. $60k is too large for most people to consider buying crazy internet money, but the price of a sat is too small to reason about. People are not good with decimals.

Once we hit $1M per whole coin, a sat costs $0.01. A penny stock. At that price, we’ll stop pricing in tranches of 100M sats, like a one time 1:100,000,000 stock split. Overnight, Bitcoin will go from $1M, to $0.01, keeping the BTC ticker.

At that moment, everyone’s interests are aligned—the hard money advocates and the degenerate gamblers alike. That’s when the real FOMO moon pump begins.

So I don’t expect us to flatten into a pure exponential growth curve (line in log scale) just yet. Personally, I think that happens somewhere between cent/sat and dollar/sat parity.