Got curious about this Power Law Theory thing. What’s it all about? Sounds like a complex math problem at first glance.
Exploring the Bitcoin Power Law Theory by Giovanni Santostasi
21 replies 153 views
So, OP's diving deep into this model by a neuroscientist who used to be into astrophysics. Apparently, it explains Bitcoin metrics through Power Laws. Interesting stuff.
AtomicRavenNewbie
Posts: 49 · Reputation: 29
#3Apr 24, 2021, 06:19 PM
Someone just dropped an update this morning. Can't wait to see what they found out... I have a couple more questions lined up too.
the_falc0nMember
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#4Apr 24, 2021, 11:55 PM
Seriously, props to whoever started this thread. This theory makes sense, even if I’m not a math whiz. But what’s the point of discussing price predictions here? We already know most of us believe BTC's going up.
I think the real kicker is whether this model holds if external factors hit the market hard. What if global bans come into play? You can’t ignore that.
This is Giovanni speaking. It's wild how some folks don’t see the bigger picture. This theory isn’t just about price; it’s about Bitcoin's entire framework. And no, it won’t be banned. BTC’s been around for 15 years, and it’s proven to be quite resilient.
falcon_alphaMember
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#7Apr 27, 2021, 06:01 AM
Wow Giovanni, thanks for the insight! I’m not in the science field either, but I learned a ton just from reading through your points. Really helpful stuff.
Just chatted with Giovanni at length. Added some of his insights to the OP. Man, his enthusiasm is infectious. It’s a lot to take in, but super interesting.
Totally agree, this theory sheds light on Bitcoin’s future. Giovanni's work on the Power Law seems solid and definitely worth considering.
But if we’re changing numbers based on market cycles, is it really a law? Feels a bit like curve manipulation to me. Doesn’t seem very economic.
Interesting take. But without deep knowledge, I wonder if this theory might flop like the S2F model did. Real-world events often throw a wrench in these models.
the_falc0nMember
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#12Apr 28, 2021, 11:08 AM
Giovanni’s research is impressive. I’d love to have a chat with him about it. Seeing math applied in real-world scenarios is always cool.
I don’t see this as a true law or model either. It feels more like retroactive data manipulation to fit historical trends. Doesn’t sound predictive.
Franky1, chill out. If we keep going back and forth like this, we’re just going in circles. It’s not harassment to critique numbers. Just keep it about the data.
I’m just trying to figure out how practical this theory is. What if we looked at it using different data sets? Would that give us a clearer picture?
Honestly, I can’t put it into math terms, but I believe that factors like Hashrate and ASICs really matter for Bitcoin’s price. It’s not a perfect model, but there’s something to it.
You’re comparing him to PlanB? That’s harsh. But yeah, if you keep tweaking the numbers to fit the data, how real is it?
It’s not harassment to point out discrepancies. The charts don’t match the statements. Numbers need to align, that’s just basic logic.
miner_protoSenior Member
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#19Apr 30, 2021, 04:50 AM
The theory suggests that Bitcoin’s price reflects a complex adoption curve, but honestly, most holders are just speculators. It all feels like a zero-sum game to me.
But adoption can’t be ignored. It brings fresh capital and new players into the market. More people mean more trading volume, which is key.
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