@pat_jane_crypto @0Spaceminer @btconometrics @rohangrey I wouldn't call it quick and dirty. It is big difference between: 1) analysis (which is very good) and 2) making nice presentation of results
You can repeat this without R if you "understand the thing" and methodology.
@btconometrics Nick, very good analysis!
But in my opinion, SEC does not think about causality. If Tether is doing something illegal, it could be a big problem for crypto, even if Tether supply does not cause rise of BTC prices.
@100trillionUSD Hi! I assume you have read the article about Tether and BTC - "Is Bitcoin Really Un-Tethered?" (https://t.co/3qUdQj9v9C). Could You please give Your opinion about it?
@nomadtrader1@parabolictrav I agree with you that the curves sre different in real life, but also, this picture is wrong. Supply curve is moving to the right, just the speed of moving is 2x lower every 4 years.
@parabolictrav This picture is not 100% accurate. The reason is, supply curve is going to the RIGHT (not to the left), but just the speed of moving to the RIGHT is lower and lower every 4 years. But, I agree with Veblen's good theory. The problem is-we don't know yet if BTC is Veblen's good.
@SwissRexAG Thank you for the reply.
I know that second equasion is PlanB's model. But I don't understand how you got SF in first equasion, when you transformed equasion one in linear form. :/
@parabolictrav This is not good supply-demand model. Supply is constantly moving down (or right). After the halving, moving right will continue, but just slower.
@100trillionUSD@coinmetrics Thank you for the fast answer!
I am economics student, and my favourite subject is econometrics, so I want to experiment with models.