I did some quick rudimentary check on the s&p, got 0.95-range. that's what first got me suspicious of this whole thing...

( But then again,  low confidence that I did it well)

denlillaapan

"You don't see relationships like this in financial data. Ever” (p. 7)

“The mathematical relationship between time and price – the most robust pricing model in financial history – delivered exactly what the equation predicted.” (p. 299)

This is the part I'm most likely to disagree with.  Did they actually test that against the price history of other assets?

I have a strong suspicion that you can find many 10-year windows of asset prices in which the log-log relationship between price and time is roughly linear with a high 

econ

Back to ECMT101: That Bitcoin Power-Law Graph

> "You don't see relationships like this in financial data. Ever” (p. 7)
> “The mathematical relationship between time and price – the most robust pricing model in financial history – delivered exactly what the equation predicted.” (p. 299)


This is the part I'm most likely to disagree with.  Did they actually test that against the price history of other assets?

I have a strong suspicion that you can find many 10-year windows of asset prices in which the log-log relationship between price and time is roughly linear with a high $$R^2$$