/biz/ - Business & Finance

So we've all studied functions in school. Taking BTC chart with X as time and Y as price, it was possible to arrive at some kind of function as early as 2012 right? now if we take the function in 2022 for example could you predict movements? the more time passes the more precise it should become.
So at first it was wack, function changed every month. But now it should be stabilizing towards some sort of formula since the % movements are slower. Thoughts?

>>15559577

bitcoins potential is insane. golds potential is a 2x in 10 years.

>>13514962
Because I like the smell of opium from this board, you are all greedy and dumb the same way I was in november 2018.

So sure about your "investment" yet every indicator is saying the contrary of your trades.

I don't care about the 18,000$, it's lunch money for me. Also, I lost a battle, not the war.

I think Bitcoin will dip once again.

>>13325705

>>13312822
then just put that link away for later use, here is one chart that you should also look at every day

>>13284818
this is the closest thing i have seen to a reasonable chart it's straight on log-log

>>13282332
I can’t call it, but I’d think 5x from ATH is conservative

>>13263171
when a log-log chart gives you straight line it's time to think the cycles may get longer and longer.

>>13259250
this is wrong tho what a half assed way to track the price with random curves.
this is the best and most current i have seen

>>13237574
that rainbow fits in an awfully inconsistent way are you even trying??

>>13165028
30$ casio are good
or seiko skx

>dollar cost average BUY when it's under blue line
>SELL some when it's multiples over the blue line
>HODL the rest for your retirement

Is this the cheat code for life biz?

>>13147492
No

>>13129491
Metacalfes law, the value of a network is proportional to the square of the users. Users increases with time, each cycle sucking in more people

>>13100961
The previous cycles capitulation dwarfed the lead up to the respective cycles ATH. I am of the belief that cycles are getting longer, wouldn’t make sense to find support off the 200. Only logical explanation would be the 200 weekly MA is technically 4-years, which is the same period as a halving cycle. Still weak as btc won’t rise like this forever if it truly follow a power law, as evident in image (i.e cycles need to get longer).

>buy when it is under the blue line
>sell when it is over the blue line

is this the cheat code biz?

>recover
rofl

Say you have a relation b/w Y and X, and you take the logarithm of both data sets and plot them. If the resulting plot is linear, it is said the data follows a Power Law relation. Examples in nature (magnitude and # of earthquakes a year, # of cities and people, mammal metabolic rate and mass, etc..).

That is: Power Law: Y= k * X^n (k and n are constants)

1) A power fit on BTC price Vs Time works well, because BTC and Time have a power-law relationship, as seen by the linear trend on the top of the image I attached.
2) Extrapolating, we have easily a few cycles of bliss before price begins to depend less on supply inflation, and more on other factors (demand for BTC, price, etc).
3) Each consequent cycle will have smaller gains than the one before it.
4) You also get a power-law relationship between:
i) BTC price and BTC supply
ii) BTC price and stock-to-flow
This is because both of these factors are functions of time (gotta love programmable money).

Conclusion: Why aren't you buying BTC this year anons? Why are you gambling on shit coins?