PE57: Those sweet POWER trendlines on bitcoin price

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the fifty-seventh video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 00:20 Log scale 01:20 Best BTC-fitting trend is power trendline 02:20 2010 power trendline 05:20 2012 power trendline 06:10 2014 power trendline 07:30 2016 power trendline 09:45 2018, 2019, 2020, 2022 & all-time trendlines 10:40 What do these good-fitting trends tell us about today? 12:04 What about projecting to 2030? Here we look at the best fitting trendlines across Bitcoin's USD-pricing data; from 2010, all the way until 2022, as well as all-time trendline (until 13 April 2023). All-time trend coefficients: y = a * x ^ b y = y-intercept * x ^ slope y = 7.23E-18 * x ^ 588% https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.