Wednesday, May 8, 2024
Could this break the log/log power law for Bitcoin?
Tuesday, May 7, 2024
Hal Finney (Bitcoin) and Terry A. Davis (TempleOS)
Friday, May 3, 2024
5 months into 2024 (Halving, Bitcoin ETF, FTX Sam Bankman-Fried, and Craig Wright is not Satoshi Nakamoto, Changpeng Zhao (CZ), Roger Ver (Bitcoin Jesus))
5 months into 2024 and already these major events have happened:
1. The Bitcoin Halving (reducing supply from 6.25 to 3.125 BTC)
2. The Bitcoin ETF approval in the USA (by the SEC)
3. Sam Bankman-Fried imprisonment (FTX)
4. Craig Wright is not Satoshi Nakamoto (UK judge)
5. Changpeng Zhao (CZ) from Binance sentenced to 4 months in prison (USA)
6. Roger Ver (Bitcoin Jesus) charged with mail fraud and tax evasion, arrested in Spain
Saturday, April 20, 2024
4 months into 2024 (Halving, Bitcoin ETF, FTX Sam Bankman-Fried, and Craig Wright is not Satoshi Nakamoto)
We are only 4 months into 2024 and already these major events have happened:
1. The Bitcoin Halving (reducing supply from 6.25 to 3.125 BTC)
2. The Bitcoin ETF approval in the USA (by the SEC)
3. Sam Bankman-Fried imprisonment (FTX)
4. Craig Wright is not Satoshi Nakamoto (UK judge)
Friday, April 12, 2024
BlackRock has big influence in the Bitcoin ecosystem, but who owns BlackRock?
BlackRock has big influence in the Bitcoin ecosystem. For example with the development of the Bitcoin ETF (IBIT) and investments within the Bitcoin Mining Industry (such as Marathon and Riot) but who owns large chunks of BlackRock?
- The Vanguard Group, Inc. = 8.23%
- BlackRock Fund Advisors = 4.42%
- SSgA Funds Management, Inc. = 3.93%
- Temasek Holdings Pte Ltd. (Investment Management) = 3.42%
- Capital Research & Management Co. (Global Investors) =2.63%
- Capital Research & Management Co. (World Investors) = 2.36%
- Managed Account Advisors LLC = 2.16%
- Charles Schwab Investment Management, Inc. = 2.13%
- Morgan Stanley Smith Barney LLC (Investment Management) = 1.90%
- Geode Capital Management LLC = 1.78%
(Source: The Financial Times 12 April 2024
[https://markets.ft.com/data/equities/tearsheet/profile?s=BLK:NYQ]
Wednesday, April 10, 2024
BlackRock, Vanguard, et al own a large percentage of Marathon Digital Holdings Inc (MARA), Riot Platforms Inc (RIOT) and Coinbase Global Inc (COIN)
As a snapshot, it is interesting and enlightening to see some of the large percentage of owners within the Bitcoin ecosystem:
- Marathon Digital Holdings Inc (MARA): The Vanguard Group owns 8.55% and BlackRock 5.73%
- Riot Platforms Inc (RIOT): 10.21% is owned by The Vanguard Group and 6.74% by BlackRock
- Coinbase Global Inc (COIN): 7.19% is owned by The Vanguard Group, 4.4% by ARK Investment Management, and 3.38% by BlackRock
Marathon Digital Holdings Inc (MARA) |
Riot Platforms Inc (RIOT) |
Tuesday, March 26, 2024
Lowest prices projected for Bitcoin on the 1st of January each year (Bitcoin Power Law Model)
Using the Bitcoin Power Law Model, these are the LOWEST (the floor) prices projected for Bitcoin on the 1st of January each year.
These figures have been rounded down and are approximate:
2024 = $24,000
2025 = $35,000
2026 = $50,000
2027 = $70,000
2028 = $96,000
2029 = $130,000
2030 = $174,000
2031 = $228,000
2032 = $295,000
2033 = $375,000
2034 = $480,000
2035 = $600,000
2036 = $750,000
2037 = $930,000
2038 = $1,140,000
2039 = $1,390,000
2040 = $1,600,000
The Bitcoin Power Law Theory
Friday, February 2, 2024
Year 2009 to 2050 - find any date and price - Bitcoin Price Log/Log Power Law Growth Corridor
Bitcoin Price Log/Log Power Law Growth Corridor
- Find any date and see the Mid, Low or High price in US Dollars from the year 2009 to 2050 (table format).
- This is Inspired by BTC POWER LAW (@Giovann35084111) and Harold Burger (@hcburger1)
- Click here or the full URL is:
Friday, January 12, 2024
Bitcoin is not crypto, and crypto is not Bitcoin
Monday, January 1, 2024
2024 is here, strap yourself in... The Fourth Turning
2024 will be a massive year for bitcoin, economics, elections, geopolitics and war.
I predict calm will return in 2028
The period around 2024 is predicted to be a time of significant global change and upheaval, potentially marking the midst of the Crisis phase in their historical cycle model. This phase is characterized by societal upheaval and the reconstruction of social and political structures.
Friday, December 15, 2023
The Bitcoin Power Law Growth Corridor (by Harold Burger)... excellent video explanation
The Bitcoin Power Law Growth Corridor (by Harold Burger)... excellent video explanation by Chad Thackray
https://youtu.be/wfi-bst4hmA?si=jolV5-xhxa7JhNrr
Text from YouTube video:
"We implement a model popularised by Harold Burger, which uses a log-log chart of bitcoin and then applies linear regression to establish a long term corridor of price action, which has worked well over the past 10 years. It's a useful indicator to zoom out and see the big picture, without getting worked up over day to day price action."
See also:
Monday, December 11, 2023
Bitcoin Stock To Flow (S2F) Trading Rule, by PlanB
- Approximately 6 months before the halving purchase Bitcoin
- And then 18 months after the halving sell the Bitcoin
Friday, September 29, 2023
Bitcoin as an investment with research from major institutions
- ARK
- Fidelity
- Franklin Templeton
- https://www.fidelitydigitalassets.com/
- https://www.fidelitydigitalassets.com/research-and-insights
- https://www.fidelitydigitalassets.com/research-and-insights/bitcoin-first
- https://www.fidelitydigitalassets.com/sites/default/files/documents/bitcoin-first.pdf
- https://www.fidelitydigitalassets.com/research-and-insights/bitcoin-supply-demand
- https://www.fidelitydigitalassets.com/sites/default/files/documents/valuing-bitcoin-report.pdf
- https://www.fidelitydigitalassets.com/research-and-insights/understanding-bitcoin-halving
- https://www.fidelitydigitalassets.com/topics/digital-assets-and-traditional-investing
Friday, July 28, 2023
Wednesday, July 26, 2023
Bitcoin: Asset Allocation with Crypto Application of Preferences for Positive Skewness (BlackRock)
Bitcoin: Asset Allocation with Crypto Application of Preferences for Positive Skewness (BlackRock)
Wednesday, July 19, 2023
Everything You Want To Know About Bitcoin (But Are Afraid To Ask). Questions and Answers About Bitcoin
Now available in these formats:
Digital download (Amazon Kindle eBook)
- Paperback (black and white printed ISBN-13: 9798852862839)
- Hardcover (colour printed ISBN-13: 9798852864031)
- Audiobook (coming soon)
- Limited edition copies (coming soon)
- Special Limited edition signed copies (coming soon)
Available to purchase from:
Description:
Discover the intriguing world of Bitcoin, with "Everything You Want To Know About Bitcoin (But Are Afraid To Ask). Questions and Answers About Bitcoin". As we traverse an era of economic unpredictability, there's a financial game-changer breaking boundaries - Bitcoin. Despite its transformative power, understanding its intricacies can often feel like decrypting an enigma due to the dispersed and scattered information available.
This comprehensive guide is your reliable navigator through the labyrinth of Bitcoin, perfect for eager novices and seasoned investors alike. It unravels the complex layers of cryptocurrency, takes you through the pivotal infrastructure of blockchain, unveils the mechanics of Bitcoin mining, and much more.
"Everything You Want To Know About Bitcoin (But Are Afraid To Ask). Questions and Answers About Bitcoin" rises above the fray to address over 100 of the most probing questions about Bitcoin, offering both digestible and in-depth responses that cater to beginners and advanced enthusiasts. Your quest for answers ends here, within the groundbreaking chapters of this book.
- What is the process of 'Halvening' and why is it significant?
- Could the elusive Satoshi Nakamoto be more than one person?
- What role could Bitcoin play in your investment portfolio?
- How does it intersect with global economics and regulations?
- What challenges could impede its future?
This enlightening guide promises to equip you with:
- A profound comprehension of Bitcoin's mechanics and the underlying blockchain technology.
- An objective perspective on Bitcoin's legal ramifications, potential rewards, and inherent risks.
- Proficiency in buying, selling, and securely storing Bitcoin.
- An insightful exploration into Bitcoin's influence on the global financial terrain and its prospects for future expansion.
Embark on your digital revolution today. Don't allow fear or confusion to cloud your understanding of Bitcoin.
Let "Everything You Want To Know About Bitcoin (But Are Afraid To Ask). Questions and Answers About Bitcoin" be your launchpad into the future of finance.
Tuesday, June 20, 2023
BlackRock filing with Securities and Exchange Commission (SEC) for a Bitcoin Exchange Traded Fund (ETF)
https://www.sec.gov/Archives/edgar/data/1980994/000143774923017574/bit20230608_s1.htm
On each Business Day, as soon as practicable after 4:00 p.m. Eastern Time (“ET”), the Trust Administrator evaluates the bitcoin held by the Trust as reflected by the CF Benchmarks Index and determines the net asset value of the Trust and the NAV. For purposes of making these calculations, a Business Day means any day other than a day when NASDAQ is closed for regular trading. The CF Benchmarks Index employed by the Trust is calculated on each Business Day by aggregating the notional value of bitcoin trading activity across major bitcoin spot exchanges.
The CF Benchmarks Index is designed based on the IOSCO Principles for Financial Benchmarks and is a Registered Benchmark under the UK Benchmark Regulations (“BMR”). The administrator of the CF Benchmarks Index is CF Benchmarks Ltd. (the “Index Administrator”) a UK-incorporated company, authorized and regulated by the Financial Conduct Authority (“FCA”) of the UK as a Benchmark Administrator, under UK BMR. The CF Benchmarks Index serves as a once-a-day benchmark rate of the U.S. dollar price of bitcoin (USD/BTC), calculated as of 4:00 p.m. ET. The CF Benchmarks Index aggregates the trade flow of several bitcoin exchanges, during an observation window between 3:00 p.m. and 4:00 p.m. ET into the U.S. dollar price of one bitcoin at 4:00 p.m. ET. Specifically, the CF Benchmarks Index is calculated based on the “Relevant Transactions” (as defined in “Business of the Trust—Valuation of Bitcoin; the CF Benchmarks Index”) of all of its constituent bitcoin exchanges, which are currently Bitstamp, Coinbase, itBit, Kraken, Gemini, and LMAX Digital (the “Constituent Platforms”), and which may change from time to time.
Saturday, June 3, 2023
Bitcoin Price Log/Log Power Law Growth Corridor (Inspired by Harold Burger) up to the year 2050
The Bitcoin Price Log/Log Power Law Growth Corridor (Inspired by Harold Burger).
Data presented in table format from 2009 - 2050.
Find any date and see the Mid, Low or High price in US Dollars.
Notice how close the price of Bitcoin in US Dollars was in November 2022 to the "Low" within the log/log power law corridor of growth...
Monday, May 22, 2023
From the WBD Podcast... Michael Saylor's 10 Rules for Life
Michael Saylor's 10 Rules for Life:
1. Focus your energy
2. Guard your time
3. Train your mind
4. Train your body
5. Think for yourself
6. Curate your friends
7. Curate your environment
8. Keep your promises
9. Stay cheerful, be constructive
10. Upgrade the world
Bonus...
1. Study history
2. Study applied statistics
3. Take advantage of new technology
- What Bitcoin Did: https://youtu.be/-w-aYVXcOk4
- https://bbcdsatoshi.com/
Could this break the log/log power law for Bitcoin?
The log/log power law governing Bitcoin appears robust. However, could there be a plausible and logical scenario in which this power law i...
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The Bitcoin Price Log/Log Power Law Growth Corridor (Inspired by Harold Burger). Data presented in table format from 2009 - 2050. Find any ...
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For ecasting Bitcoin's Minimum Value. This provides an estimate of the lowest potential value, expressed in US Dollars (USD), for a sing...
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https://www.sec.gov/Archives/edgar/data/1980994/000143774923017574/bit20230608_s1.htm On each Business Day, as soon as practicable after 4:0...