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Alex
ad1a216219eb17ef3f6cc28c288d86bd1d414ef1062475db716bb513ee8143a0
Astrophysics. Software.

buying two (papa john's) pizzas for 10,000 BTC vibes :-

Replying to Avatar OneBigLife

https://onebig.life/powerlaw

I find bitcoin's adherence to the Power Law fascinating, and for me it has become my favoured price model. It is so beautifully simple, with only one input variable: time.

I built this Bitcoin Power Law web page because the other couple out there didn't allow me to do what I wanted:

- To choose a date (e.g. your retirement, or a major purchase goal), and to see where price might be. Not only the fair price, but perhaps more importantly, the floor price below which bitcoin should never go under again.

- To choose a price (e.g. $1m), and to see the probable date (when fair price reaches the price) and very high probable date (when bottom price reaches it).

- To remind me to stop making too emotionally fantastical price predictions whenever price takes off on one of its major spurts, or I read some ultra-bullish article.

And more importantly, just to be able to show the chart while talking to a noob, with price indisputably sloping from bottom left to top right. Message: it's not too high to buy ;)

Of course, models are not guarantees. They all have their flaws, and the obvious one in this case is the model does not take into account the 4 year halving cycle to refine its price predictions.

But I believe there is less likelihood of this stock-to-flow cycle repeating indefinitely (as the halving becomes a less and less significant part of the bitcoin stock), than of nature's Power Law continuing as we go through the global adoption curve.

Enjoy!

(no ads, trackers, spammers, or VPN blockers)

https://onebig.life/powerlaw

Nice!

Specifically ones with an API if known ...

Replying to Avatar Trey Walsh

Had to submit a request to open ai to delete my account. Feel really silly that I ever made one.

Running https://venice.ai/home and other recs #nostriches have for me 🤙🏻

nostr:note137y08w8pajtguwnxquk5g6kl5h6lccxjdwc74jrsaxctekezuz5qhl0qu5

What other recommendations do you have?

Replying to Avatar Beautyon

It appears (naturally) that some Bitcoiners don't understand at least two things.

America is not a totalitarian state. If all Bitcoin mining moved to the USA, and Americans asserted their rights that Bitcoin it not money (which they refuse to concede, being fully paid up members of THE CULT), then there would be...

NOTHING TO STOP BITCOIN MINING IN THE USA. IT WOULD BE FULLY PROTECTED UNDER THE LAW; THE FIRST AMENDMENT OF THE CONSTITUTION, DULLARDS.

https://medium.com/swlh/why-america-cant-regulate-bitcoin-8c77cee8d794

And of course, just because all sane miner owning companies have move to the USA, this does not...

PREVENT ANYONE ANYWHERE ELSE ON EARTH FROM RUNNING MINING FARMS IN ANY COUNTRY ON EARTH, YOU COMPLETE, UTTER EEJITS.

What GEPOTUS unleashing Bitcoin would do is increase competition at the nation state level, incentivising countries to relent with their retarded Bitcoin regulation, just as what happened with France and its insane regulation of public key cryptography.

What's that? YOU "DIDN'T KNOW"?

Well read this, you cloth eared numbskull:

https://archive.is/1at7u

You people really need to brush up on your history!

AND...WHO IS "WE"?!

"There's only one thing in the world worse than being talked about"