#Bitcoin spot price is simultaneously the most manic signal in the history of pricing (insane volatility) and also completely predictable (goes up forever).

Just depends what unit of time you measure it in.

Reply to this note

Please Login to reply.

Discussion

Is absolutely correct👌🏻, Laura.

We’re middle of the adoption s-curve and nobody has a clue except for a few million hardcore sat stacking Bitcoin plebs

I'm gonna be honest here. I'm no expert and Bitcoin will do what bitcoin dose but I don't think we're on an S-Curve, I'm more a believer in "The Power Law" theory that I've read about. Who knows though, we'll see🤷🏻‍♂️. Either way, it's NGU, just a matter of time frame though, as you say👌🏻.

Time will tell. I don’t know much about the power law I quit listening to Bitcoin pods and content. Hit my saturation point about a year ago.

I do know most tech follows and s-curve adoption patter so I’m using that as my base case for Bitcoin adoption too. Will be interesting to see.

Don't get me wrong, I hope it is an S-Curve but the power law theory is more of a "Slow and steady wins the race" kind of theory. As I say, it's gonna one or the other. Neither is a negative outcome😬🫡.

Agreed! Either way we’re winning 👑

So where is 100k? WHERE!!!! 😂

It’ll come when it comes. Patience my brother.

I was just jk jk

All good things come with great patience 👌

One day we’ll look back on the sub 100k mark with great fondness and nostalgia

Indeed 👌