You need a part 0 (relay+client) that introduces the relay and client relationship before the deep dive in part 1 (relays) and part 2 (clients)

what is true: "we cannot store notes forever, since we get a lot of them"

"we store notes forever" not true. actually very misleading.

the bitcoin network stores ledger forever, that is true. relays can delete their notes whenever they want, that is true. that should be made clear.

So true. I swear it’s like everyone has amnesia. Hypnotized…

Great question! Those two numbers were found by curve fitting the price to a line. Slope and y-intercept.

I used Python and NumPy to do this using this one liner:

which returns approximately [4.8,85]

I totally agree with you Darth.

Price predictions are useless that’s why I made no price predictions. As you can see the website intentionally did not extrapolate the line beyond today. it displays only past history.

You can’t argue that price is important for one thing (and I argue one thing ONLY):

Miners gotta plan ahead and pay our enormous electricity bill.

Otherwise, TA fuckbois can go fuck themselves.

PV

Feels good today, $941558 dollars per BTC, can retire happily on the Moon now.

Thinking of adding some Nostr functionality to comment on prices and specific block numbers. Would anyone want to collaborate on that with me?

What do yall think of the visualizations on my new website? https://loglogbtc.com

Should I keep the commentary?

Thanks! It is pretty fun to scroll around and see the price from a different perspective.

Great article! Would you care to post this on Nostr? I think it would get a lot of traction there.

Hey guys, I made this website to track the price of bitcoin in log-log space. Can people here give me some constructive criticism about it?

Thanks. I really like how turned out too.

I would love to include a chart about hash rate (or hash price). Maybe a version 2!

I know many here argue that price doesn't matter.

However, some might also argue that price is crucial – it's how miners pay their massive energy bills!

To provide a fresh perspective, I've created an interactive log-log plot that allows you to view Bitcoin's price in a different light. By lowering your time-preference and price-preference, you can gain valuable insights into Bitcoin's long-term growth.

Hey everyone, I'm excited to share my latest project: an interactive visualization tool that plots Bitcoin's price, interpolating between linear-linear and log-log scales to reveal the power law at play. This tool aims to help users better understand Bitcoin's growth patterns and price stabilization.

Simply scroll to view different perspectives and gain valuable insights into the underlying factors driving Bitcoin's price.