apsk32 @_apsk32

Engineer. Bitcoin, data viz., space, art Joined May 2023

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apsk32 @apsk32

a year ago

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apsk32 @_apsk32

a year ago

It's never to late to start saving in bitcoin and you should have started yesterday.

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apsk32 @_apsk32

a year ago

If you fumbled your bag, could you ever earn it all back?

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apsk32 @_apsk32

a year ago

If you fumbled your bag, could you ever earn it all back?

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apsk32 @_apsk32

a year ago

If MC/GOLD is the real power law, then the fair value today is $129,202. --- Did you know that bitcoin's gold normalized market cap follows a power law and it's a better fit than price?

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apsk32 @_apsk32

a year ago

The trendline formed by MC/CPI (r2=0.958)

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apsk32 @_apsk32

a year ago

If MC/GOLD is the real power law, then the fair value today is $129,202. --- Did you know that bitcoin's gold normalized market cap follows a power law and it's a better fit than price?

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Current power law models don't account for inflation or bitcoin's changing supply. Correcting this increases the 2029 trend value from $300k to $500k, a 66% increase. --- Our current models use bitcoin's spot price as a proxy for the value of the bitcoin network. I think this i

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apsk32 @_apsk32

a year ago

The "Power Law" is a weird name. Law.. Power.. so magnificent. Did you know that the area of a square follows a power law? The area is equal to the length of a side squared. Area=Length^2 The "power" (simply the exponent) is 2. Even y=x is a power law, y=x=x^1, the power i

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apsk32 @_apsk32

a year ago

These two bitcoin animations received 2.3M impressions in the last 72 hours! A common saying is that school teaches us math, like cosines and the hypotenuse of a triangle, but we never use it at work. As an engineer I have to use math everyday to calculate satellite orbits and

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apsk32 @_apsk32

a year ago

I haven't updated this one in a while, but I often get asked about market cap and inflation. This plot shows that bitcoin's market cap normalized by the US money supply still follows a power law.

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apsk32 @_apsk32

a year ago

Thanks for stopping by and follow along for more bitcoin content!

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apsk32 @_apsk32

a year ago

Bitcoin could hit $300k in 2025--but it's a stretch. I like my models simple. They don't get any simpler than this one. All I do is calculate the power law support and ask "how long will it be before the current price is under the support line?" That's what "years ahead" means.

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apsk32 @_apsk32

a year ago

Today bitcoin and the SP500 fell by 7.5% and 3%. There are only 8 other days where bitcoin and the SP500 fell this far together. 2 of those 8 days happened around the halving in 2020. Those who bought the dip were rewarded with 109% and 375% returns over 6 months. 6 of those 8

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apsk32 @_apsk32

a year ago

My animation is putting in work for @3orovik. 1 million views. Wild numbers, feels bittersweet.

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apsk32 @_apsk32

a year ago

1.2 bitcoin will retire entire families by 2040. --- "But, what about inflation?" Inflation increases the median US family income, which is accounted for in this analysis. "But, the 4% rule was made for stocks and bonds!" True. If we assume bitcoin will outpace stocks and bonds

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apsk32 @_apsk32

a year ago

I'm not on board with the idea that cost of living is causing people to have less kids. My grandparents were poor as dirt and each had 9 or 10 siblings. They didn't have air-conditioning, refrigerators, electricity at the house, cars, they didn't go to college, and they lived in