Bitcoin Reddit

More / Bitcoin Reddit - 1 day ago

Bitcoin is Austrian economics in code

People say Bitcoin has no intrinsic value or is just speculation, but if you look at it through Austrian economics, it actually makes perfect sense. Why Bitcoin is Austrian to the Tee: Money emerges from the market, not the state (Menger). Bitcoin w...

More / Bitcoin Reddit - 1 day ago

1 Bitcoin for just $7

This vending machine was selling Bitcoin for just $7 back in 2012. Buyers would receive a physical coin containing the private key, which could then be used to redeem a real Bitcoin. submitted by /u/islam_abdelnaser [link] ...

More / Bitcoin Reddit - 1 day ago

A reason to be bearish

It’s always important to remember the bullish case to invest in BTC is just a story you tell yourself. A story where BTC is the hero combatting the Fed, inflation, and “the system.” It’s a compelling story with some truth, many are maximalist believe...

More / Bitcoin Reddit - 1 day ago

Anybody else feeling this?

it could always be cope, but... I'm expecting Bitcoin to have a pretty big run this year. I also feel like a lot of other assets are going to have big pullbacks. the s&p, etc. Gold and silver will start to rotate into Bitcoin. Gold's mark...

More / Bitcoin Reddit - 2 days ago

The power law model as a function of time

Yesterday I posted that the power law model was never more accurate than this cycle. Today I fitted the power law model once per day using the whole dataset since the beginning until that day, and I compared the forecast of each model to the ac...