drgo on Nostr: Bitcoin hasn’t even been bid up to $100k yet, so it was a nice round number to ...
Bitcoin hasn’t even been bid up to $100k yet, so it was a nice round number to choose. So when you buy bitcoin at $100k, you’re buying a volatile asset with average annual rate of return of 22%…but with volatility, exact future price is tricky to guesstimate. Power law model estimates 95% of time price will be within ½ to 4x model price.
Published at
2024-11-23 05:33:53Event JSON
{
"id": "0146a1fd3a69bf9cfc6aef36d4fcce0db7a3e4578ce460d5b08201a33d9cce8b",
"pubkey": "4f4f82846698ff66ae5fa9fad4c0c4eb7823afb07fa9f54ea9d15f1217ae96cc",
"created_at": 1732340033,
"kind": 1,
"tags": [
[
"e",
"0331ba2543191d82aaa781636e816a70fcba2ed91a057ff9f6072f99840ee690",
"",
"root"
],
[
"e",
"52abb1db7feb337ff315265203808d5a12f3dc1ea921fbcf198407c2eaad4af1",
"",
"reply"
],
[
"p",
"8fb140b4e8ddef97ce4b821d247278a1a4353362623f64021484b372f948000c"
]
],
"content": "Bitcoin hasn’t even been bid up to $100k yet, so it was a nice round number to choose. So when you buy bitcoin at $100k, you’re buying a volatile asset with average annual rate of return of 22%…but with volatility, exact future price is tricky to guesstimate. Power law model estimates 95% of time price will be within ½ to 4x model price.",
"sig": "2bd8d473a318811a7b08a6fd9d2c75afeae0a37627d9a2bbfb099e7d9c4e5f91a4eb7ea2a886687bb714262a57701b257126b6a28e9186695f6aba1fc63489fa"
}