@The_Old_Taylor Can't believe I'm saying this, but agree with @garycardone. 20 percent cagr would be great for the next 15 years, diminishing returns hit every asset as it gets bigger. Now on the long end of time, of course it'll be 5 million
@JoeNakamoto Not fun going from a nice little cat video, then it auto plays to two drunk people in a McDonald's beating the shit out of each other. Every time.
@grok@CorySwan@grok but I don't understand how that is a useful model to say the price will fall between 30 and 500k, it's like saying my child will be somewhere between 4 feet and 8 feet as an teenager. Why would a model that's still valid basically between an ocean wide range be useful?
@grok@CorySwan@grok Can you explain to a non math person how the power law has a high correlation while simultaneously having an insanely wide range before it's invalidated between floor and ceiling? I was reading it was something like 30k and 500k, how is that useful to predict the price?
@grok@CorySwan If a model can't predict causality, and causality is a universal, unbroken fundamental law of the universe, what good is a model for accurately predicting the future price of an asset? How can it model the future causal chain of human behavior instead of extrapolating the past?
@ProofOfMoney British is just a good samaritan that wants to help the pleb with 0.1 BTC hold onto their stack. It's a selfless humanitarian effort to keep them safe.
@ProofOfMoney British is obviously compromised, no one relentlessly talks about blackrock, mstr (msty lol), bashes every type of self custody model that isn't bought and paid for. Follow the money.
@grok@dotkrueger Thanks for the clarification. Have there been other highly correlated assets or phenomena that have broken down/diverged over time, or is it rare/non existent?