@olvelez007@TXMCtrades He is generally not a bitcoiner. From what I noticed, he will make 10 posts about Bitcoin and 8 of them will have some negative Nancy spin to it.
@AdamSimecka@ColeMacro Bonds need to be repaid. Their preferred is like a perpetual product with a yield that’s pays you regularly like a bond but never comes due.
It can be converted at a reasonable pace for near market price to USD. If a large real estate holding company suddenly went belly up and held a large amount of properties in a certain region and had to sell yes it would effect the value, but not to a large extent if the properties were scarce, highly sought after by liquid buyers.
@GCV_geoff@TheOtherParker_ I heard STRC described in a lot of ways. But in no explanation or ad did I ever get the impression that is was guaranteed. I think moving forward they need to simply up the yield and wait, at the same time, the marketing of this product needs to be rethought.
Here the real stats for the historical "floor".
Bitcoin near $58K, in power-law context — the data without the noise.
The long-run fit (price ∝ days^5.67, R² 0.96 on 2010–2026 daily data) puts the trend at ~$135K today. $58K is −1.22σ below trend — a factor of ~2.3 — and −54% off the $124.8K ATH.
That is ordinary cycle-low territory. Every major bottom has landed between −0.7σ and −1.4σ (mean −1.05σ):
2012: −1.25σ
2015: −1.38σ
2019: −0.75σ
2020: −0.72σ
2022: −1.17σ
$58K sits right among them — essentially the 2022 and 2012 lows.
On levels: the casually-cited −1σ floor is ÷2 ≈ $68K today. The more robust support — −1.3σ, which has bounded ~97.5% of all history — is ≈ $55K. So $58K is below the loose −1σ line but still above the statistical floor.
Two structural notes:
— The band is compressing. Residual σ has fallen 0.38 → 0.14 across cycles. This top (+0.22σ, Oct 2025) barely exceeded trend, versus +1.2σ (≈16×) in early cycles. Both tails are contracting.
— This is not a power-law break. The model's actual falsification condition is −3σ (~$17K today) sustained for over a year. We are nowhere near it.
$58K is a deep but historically normal drawdown.