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2026-01-31 01:00:53 UTC
in reply to

drgo on Nostr: I will blow your mind with math, real math, down below, but you require an insult ...

I will blow your mind with math, real math, down below, but you require an insult first.

I think you are using gay small weenie math…real men work and always have something more to contribute. Cherry picking tops is only useful to brag or complain as one necessarily is picking data that applies to almost nobody.

I’m sorry bitcoin didn’t make you rich quick and only got on your radar during a mania phase. I’ve seen it many times over the last 15.5 years I’ve been in bitcoin.

If you want to do real math, pick a number between 1 and 28 and get monthly price data for bitcoin in that day of the month going as far back as you can through today..then open excel, plot it, and fit a power law curve to the data (feel free to try fitting literally any other curve to the data, it won’t fit as well)…and have excel report the equation and R^2…

If you want to manually delete periods of Bitcoin price mania and run the analysis again, you’ll see the exponent drops but the R^2 goes up. In fact, the equation is a near perfect fit for the last 9 years.

Ok, so now that I’ve told you how to generate a formula for bitcoin price as a function of date, you can repeat the process taking sats from the beginning to 2016, and then 2017, and then 2018, etc…what you’ll see is these equations are remarkably similar and all do a surprisingly good job of predicting bitcoin price today…literally many years in advance…

Should bitcoin be closer to $55,000 today than $150,000? The math says yes. But back when bitcoin was $600 in 2016, predicting price would be $55,000 in 2026 sounded insane. But here we are.