[ExI] power law model of BTC

[Gordon Swobe]

Hi Giovanni. Fancy meeting you here.

On Wed, Nov 16, 2022 at 3:30 PM Giovanni Santostasi via extropy-chat <
extropy-chat at lists.extropy.org> wrote:

>
> I heard about BTC in 2010 for the first time in this list. I bought my
> first BTC in 2012 because of this list.
>

Likewise.

I believe a list member created or was a main force behind BTC creation.
>

Hal Finney was on this list in those days, as I recall.








> I have written about mathematical models of BTC that predict a steady
> growth of BTC (with oscillations around the general trend) that will
> eventually bring the value of BTC to 1M. Here an early post:
>
> https://www.reddit.com/r/Bitcoin/comments/9cqi0k/bitcoin_power_law_over_10_year_period_all_the_way/
> Here is a live chart based on my model.
>
> https://buybitcoinworldwide.com/stats/long-term-power-law/
>
> The power law is evident in a log-log plot (it shows as a straight line in
> a log-log chart). I have studied many other assets and only gold and silver
> follow long term power laws in time.
> The temporary bubbles and downtrends are not what is important but the
> general trend that is very predictable.
> Giovanni
>
>
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