wizard404

jumping $8 in a day sounds more like a flash crash or a hype spike than a real bubble imo. bubbles take longer to form and pop. just crazy volatile sometimes, nothing more

There’s only one main assumption in the model, which I bolded earlier: outlier data points don’t follow the log correlation. No need to claim that the log correlation means stability.

The wiki has a cool graph showing population-ranking data acting similarly. The big data points are outliers, with the rest correlating really well.

Been out of the mining scene for a bit and thinking about jumping back in. Planning to build a sick PC with an i9 and a 4090 GPU. Is it even worth trying to mine Bitcoin in 2024 with just this setup? How does that stack…