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I enjoy the Power Law stuff, trying to get my head around the Math and the fact that Bitcoin has followed this trajectory since inception.
I love this quote:
“ To me, the power law support is the intrinsic value of the network, the value when all the hope and hype is gone.”
21 sats \ 1 reply \ @nullama 1 Jul
Did you make the graph?, I like how it looks, which software did you use?
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No it’s from @apsk32 who I follow on twitter.
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This is really cool, it's like a force of nature!
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Yeah absolutely a few of the mathematicians who are into power laws have called it that. And I like that perspective.
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21 sats \ 1 reply \ @Satosora 1 Jul
Its not that it has followed, but floated near these projections.
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It’s been within the range consistently. For example it hit the support line in November and December 2022.
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