๐ $LCX Token on the Rise!
Our journey continues as $LCX climbs higher:
๐ Ranked #330 on @CoinMarketCap
๐ Ranked #385 on @coingecko
Big thanks to our community for making this possible! Onwards and upwards! ๐
#CryptoRankings#LCX
@TheBlueDodger "One goal and he talks like this to a Chelsea legend? Mark my words, he won't make it at Chelseaโhe'll just end up being an average player."
I was a traditional institutional investor before I became a bitcoiner. I noticed most traditional institutional investors (including myself) go through 3 bitoin stages:
Stage 1) You are in awe about the almost exponential growth from below $1 to $60,000 in 13 years. You can only see it and understand it when you look with logarithmic scale. 5 orders of magnitude in 13 years means this is a real phenomena! Note that most people never reach stage 1 because they only see a bubble or pyramid scheme (these people are the linear thinkers).
Stage 2) When you start fitting curves through the data (exponential, logarithmic, power etc) and applying stats (with R2, st.devs t-stats and prediction bands), the stunning regularity hits you even more. Adoption, laws of nature, whatever, this pattern is indeed non-random and somewhat predictable!
Stage 3) After 5+ years in bitcoin you start seeing deeper patterns: bitcoin has its own time (10min blocks) and its own cycle (4y halving cycle). It is fascinating that ALL bitcoin price gain is made in the 2 years around halvings and that the 2 years between halvings are net negative. This is what stock-to-flow (S2F) attempts to model, very simply (with just 1 variable) and very roughly (wide prediction bands). S2F model R2 is actually higher (97.7%) than a typical stage 2 model (94.7%). However, with only 4 halvings (2012, 2016, 2020, 2024), this pattern could still be spurious/random. Very interesting times ahead!
@Basenjiofficial Bought more Basenji because itโs at a discount right now. I truly appreciate what your team did for the community in Nigeria ๐ณ๐ฌ by providing new toilets and clean water. Your efforts show you're genuine and legitimate, and together we will generate millions to improve lives.