@cyfrowyorzel@TNorth@AdamBLiv@PunterJeff They have bought 20000 BTC in a week two months ago and the price barely moved so why would it move that much if they sold 1000 BTC?
@benjamincowen Let's assume $STRC is able to scale to 0.5% or even 1% of its TAM. In that scenario, wouldn't the upper tail of this model be too bearish?
@Giovann35084111@saylor likely acknowledges the power law but treats it as an implicit output model, while reasoning praxeologically from micro inputs—individual action, @Strategy accumulation, banking regulation, market incentives. Different path, similar BTC trajectory.
@Giovann35084111 You are basically saying that something may happen in the future that would make the historical volatility and returns to jump to a different value, isn't this some contradiction?