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CTarian /
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2024-10-15 19:07:06

CTarian on Nostr: Bitcoin trades all over the place because it's quoted against the Fiat Dollar. It ...

Bitcoin trades all over the place because it's quoted against the Fiat Dollar. It would be interesting if the majority of quotes started using gold, or a basket of gold,silver,platinum as it's mark. Sure they're all quoted in dollars too, but you're one big step removed.

How can you rationally model the future price of #bitcoin when it trades on irrational knee-jerk emotions?

Models will break because mathematical engineers only look at logic

They don't factor in emotion
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