What is Nostr?
drgo / Dr. Bitcoin, MD
npub1fa8…thnd
2024-11-23 05:33:53
in reply to nevent1q…y0dr

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.
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