Nostr Web Client

Replying to

SUPERMAX

Tried to zap you but get this👇

Could be me idk

jimbocoin 🃏 1y ago

Hmm weird. Node appears to be running normally AFAICT. Zeus able to connect. 🤷‍♀️

Replying to

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ

the proportionality is precisely related to the time

if bitcoin is a hedge against inflation, then you would see that against the right approximate ratio of the growth rates between the two, and the proportional changes scaled vertically so the more it goes up, the less it goes up on the chart, you flatten out the variance of the exchange rate and start to see the actual adoption rate over time, and if the proportional change rate matches up closely to what is actually happening, then it will follow a linear path, time versus value should find a close to x=y ratio somewhere between the linear price and the log10

understanding this ratio correctly, and since we are coming up to the end of the fourth cycle, should give a better estimation of the likely next cycle peak, and the ones after that, and as the time continues this ratio will tend to smooth out due to the averaging of the total timescale

i'm just saying, that because bitcoin's supply is power of 2, a log2 chart is the right one to use because the supply is decreasing at that rate, so its value should thus become close to linear at that scale

jimbocoin 🃏 1y ago

> i'm just saying, that because bitcoin's supply is power of 2, a log2 chart is the right one to use

I’m just saying that there’s no difference, from a charting perspective because their shapes are identical, merely scaled.

If you take a log10 chart, then fit it so that the min and max are at the bottom and top of the rendered height, then do the same for a log2 chart, the two charts will be literally identical, with the only exception being the labels on the y-axis.

Algebraically, using a different log base results in a linear scaling factor on the output. Plotting to pixels requires its own linear scaling factor. And so a log chart will look the same regardless of the base, provided the pixel scaling factor is adjusted accordingly.

jimbocoin 🃏 1y ago

S U P E R C Y C L E nostr:note1e7r0mjwes4jduvydh8dvse5gntal3fwtqhmzmh0gftd4sgmqdszszupxxy

Replying to

corndalorian

jimbocoin 🃏 1y ago

I memba.

It’s funny, I remember the seemingly excruciating march around $9k back in 2020. But at that time there seemed to be more things to distract us.

jimbocoin 🃏 1y ago

GM #meme

Replying to

Azz

The cheapest way to get SATs I have found is to buy at set price on Bitaroo, 0.15% maker fee. Then send to Wallet of Satoshi, 1000 sat fee. Then to strike, about 100 SATs, then send low priority to cold storage for no fees in excess of the on chain fee.

Its KYC, but you jump between companies in different countries via lightning.

Is there a cheaper option?

Is there a lightning non KYC custodian that can send on chain for cheap?

#asknostr #AUStrich

jimbocoin 🃏 1y ago

Nice! Lowest KYC fee I had found was Gemini’s API for market maker (limit) orders. Currently 0.2%, used to be only 0.1%. https://www.gemini.com/fees/api-fee-schedule

Replying to

Hans Karlsborn

jimbocoin 🃏 1y ago

That is so *weird*

jimbocoin 🃏 1y ago

The smoothest brains are the easiest to wash.

Replying to

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ

this represents the two different zeroes based on log10 (black) and log2 (red) with their respective double and half values, which is the range you'd see on the chart

i added this one to illustrate how especially in the early part of the graph the angle of the log2 version is going to mean a more linear result against time for our price chart

jimbocoin 🃏 1y ago

Yes, the log(2) curve will grow “faster”. Its values are scaled by a constant factor, namely log2(10) = 3.32.

But when you render a chart for display, there’s an implicit scaling between the actual values and the position (in pixels) of that visual element (line).

This implicit scaling factor arbitrary, and chosen by the charting library, or manually by the chart author, to showcase the phenomena under investigation.

You could add to this chart another log line with base, say, 10 billion, and the other lines would be entirely squashed at the bottom. But the shape of each line would remain the same, preserving the change proportionality property.

jimbocoin 🃏 1y ago

But why would the FBI allow their own guy to get caught?

Replying to

DarthCoin ₿⚡️

Guys... the end of the world is near.

People don't even know how to make a fried egg and are buying it from a local supermarket, packed in plastic (meanwhile the plastic straws are banned).

jimbocoin 🃏 1y ago

Frying an egg isn’t all it’s cracked up to be

Replying to

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ

#asknostr is there ANYONE out there with a #bitcoin price chart that is scaled to a power of two (log2) vertical axis instead of either linear or log 10?

i'd really like to see how it looks, i bet it's a straight line to the moon

the reason being, that its issuance rate is based on halving which creates a power of 2 "power" factor to the price movement... which means it's going to look like it's flattening out on a log10 - if i remember how these map to each other - a 20% deceleration over the 4 year timescale, which is your log(10)/log(2) which is effectively log(5)

jimbocoin 🃏 1y ago

It should be identical, in practice, just scaled.

The property of a log chart is that proportional changes have the same height. So 2x has the same vertical height whether it’s $0.01 to $0.02 or from $10k to $20k.

This proportionality property exists irrespective of the base used in the log operation. The raw values will differ, but it’s common to scale the height of the chart based on the display anyway to focus on what you’re trying to show.

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