mleku on Nostr: #asknostr is there ANYONE out there with a #bitcoin price chart that is scaled to a ...
#asknostr is there ANYONE out there with a #bitcoin price chart that is scaled to a power of two (log2) vertical axis instead of either linear or log 10?
i'd really like to see how it looks, i bet it's a straight line to the moon
the reason being, that its issuance rate is based on halving which creates a power of 2 "power" factor to the price movement... which means it's going to look like it's flattening out on a log10 - if i remember how these map to each other - a 20% deceleration over the 4 year timescale, which is your log(10)/log(2) which is effectively log(5)
i'd really like to see how it looks, i bet it's a straight line to the moon
the reason being, that its issuance rate is based on halving which creates a power of 2 "power" factor to the price movement... which means it's going to look like it's flattening out on a log10 - if i remember how these map to each other - a 20% deceleration over the 4 year timescale, which is your log(10)/log(2) which is effectively log(5)