Nick on Nostr: On #S2F: The model is useless (it doesn't tell us anything a simple logarithmic ...
On #S2F:
The model is useless (it doesn't tell us anything a simple logarithmic regression vs time wouldn't) the concept is useless (s2f of gold is all over the place and uncorrelated to price), the statistics used are incorrect (autocorrelation in the residuals).
The model I produce at least gives us some indication of bull and bear cycles, which is a little bit more useful than a plain logarithmic regression.
Ofc anyone is free to do anything they want and using the s2f model included but imo, it's like using a block of cheese to model a cat.
I just hope people are better educated going into this next bull season, which has 100% started.
BAERM says a high of 250k by 2025 is not unlikely.
You can download from my GitHub: https://github.com/btcodeorange
Something rusty coming soon.
The model is useless (it doesn't tell us anything a simple logarithmic regression vs time wouldn't) the concept is useless (s2f of gold is all over the place and uncorrelated to price), the statistics used are incorrect (autocorrelation in the residuals).
The model I produce at least gives us some indication of bull and bear cycles, which is a little bit more useful than a plain logarithmic regression.
Ofc anyone is free to do anything they want and using the s2f model included but imo, it's like using a block of cheese to model a cat.
I just hope people are better educated going into this next bull season, which has 100% started.
BAERM says a high of 250k by 2025 is not unlikely.
You can download from my GitHub: https://github.com/btcodeorange
Something rusty coming soon.