Bitcoin is about ⅛ off the power law regression best fit (using data from 2011- late 2024)…historically, bitcoin drops to about 50% of best fit.
Dr. Bitcoin, MD
drgo@nostrplebs.com
npub1fa8c...thnd
Bitcoin OG since 2010, former laptop solo miner, blockstream satellite node runner, #2A rights user, radiologist
In November 2019, I pre-ordered a cybertruck.
In June 2024, I took delivery of my cybertruck…which didn’t involve them delivering me anything, it was my wife driving 3 hrs with PoA documents to go pick it up.
The vehicle “came with” Full Self Driving, hub caps, and an off road light bar…which arrived separately over the following 12 months…
The truck “came with” a wall connector and electrical gateway that would let you power home outlets with the vehicle battery.
I just got the gateway and wall connector installed in the back garage…sorta…the ostensibly Tesla trained electricians almost set the gateway on fire upon testing…I have a video of it smoking…bear in mind this is testing they would not have done were it not for me requesting proof they installed it correctly (since it took 3 days and this is the simplest install job possible…very few circuits and all circuits can be powered by the truck battery though the gateway, unlike houses where you have to pick and choose).
I like Tesla being forward thinking, but everything takes far longer than they imply…and it’s very much buyer beware. I suspect someday Tesla will be a battery and software company…they need huge product margins to pay for recall and warranty repairs (for which I’ve had 4 visits in 18 months of ownership and I haven’t even hit 10,000 miles on it yet).
Bitcoin sale!
Apparently over 80% of the people who voted the communist to be mayor of NYC didn’t live in the city 5 years ago. Source uncertain. I don’t necessarily believe it, but if few people bother to vote, I can see it being true.
Anyone else out there own the Blockstream lightning bolt earrings sold in 2019(?) to those who got lightning nodes running?
This has potential for coordinating multisig, especially easy when you have all signing devices together but before you fund the wallet the devices create together (obviously after funding you don’t keep devices near each other and you can visit them one by one for spending).
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Feeling grateful to be gainfully employed with bitcoin trading at fair price (power law model fair price predicted from data to January 2024 for today is $103,390 not a bad prediction!)