CryptoXoide on Nostr: TIL #bitcoin Santostasi's Bitcoin Power Law Model Santostasi, a physicist and ...
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Santostasi's Bitcoin Power Law Model
Santostasi, a physicist and astrophysicist, has developed a "Bitcoin Power Law" model that he believes can accurately forecast Bitcoin's price movements.
The power law model suggests that Bitcoin's price follows a predictable mathematical relationship, similar to how natural phenomena like metabolic rates follow power law patterns.
By analyzing the slope of a log-log plot of Bitcoin's price over time, Santostasi was able to derive a power law exponent of around 5.8, which he argues captures Bitcoin's exceptional growth trajectory.
Santostasi's Bitcoin Price Predictions
Short-term prediction: Santostasi's model forecasts that Bitcoin could peak around $210,000 by January 2026, before dropping to around $60,000.
Long-term prediction: The power law model suggests Bitcoin could potentially reach an astonishing $10 million per coin by the year 2045, implying over 6,300% growth from current levels.
Intermediate prediction: Mathematician Fred Krueger, who supports Santostasi's model, has speculated that Bitcoin could reach $1 million per coin by 2033 based on the power law framework.
The search results highlight that while Santostasi and his supporters defend the consistency and reliability of the power law model, critics remain skeptical about the ability of any mathematical model to accurately predict Bitcoin's price years into the future, given the cryptocurrency's volatility and the potential for unforeseen events to disrupt its trajectory.
Santostasi's Bitcoin Power Law Model
Santostasi, a physicist and astrophysicist, has developed a "Bitcoin Power Law" model that he believes can accurately forecast Bitcoin's price movements.
The power law model suggests that Bitcoin's price follows a predictable mathematical relationship, similar to how natural phenomena like metabolic rates follow power law patterns.
By analyzing the slope of a log-log plot of Bitcoin's price over time, Santostasi was able to derive a power law exponent of around 5.8, which he argues captures Bitcoin's exceptional growth trajectory.
Santostasi's Bitcoin Price Predictions
Short-term prediction: Santostasi's model forecasts that Bitcoin could peak around $210,000 by January 2026, before dropping to around $60,000.
Long-term prediction: The power law model suggests Bitcoin could potentially reach an astonishing $10 million per coin by the year 2045, implying over 6,300% growth from current levels.
Intermediate prediction: Mathematician Fred Krueger, who supports Santostasi's model, has speculated that Bitcoin could reach $1 million per coin by 2033 based on the power law framework.
The search results highlight that while Santostasi and his supporters defend the consistency and reliability of the power law model, critics remain skeptical about the ability of any mathematical model to accurately predict Bitcoin's price years into the future, given the cryptocurrency's volatility and the potential for unforeseen events to disrupt its trajectory.