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The volatility of Bitcoin follows a precise pattern described by the power law.It is so strange that I tried to explain the relevance to both of these guys but they could not appreciate it. I ask you please to study it.It is extremely relevant to the discussion of volatility you are having in this convo.Let me explain:Bitcoin's price has empirically followed a power law over its 15+ year history: log(P) = C + n·log(t), where t is time since the genesis block in January 2009. The exponent n ≈ 5.7
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The volatility of Bitcoin follows a precise pattern described by the power law.It is so strange that I tried to explain the relevance to both of these guys but they could not appreciate it. I ask you please to study it.It is extremely relevant to the discussion of volatility you are having in this convo.Let me explain:Bitcoin's price has empirically followed a power law over its 15+ year history: log(P) = C + n·log(t), where t is time since the genesis block in January 2009. The exponent n ≈ 5.7
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