Bitcoin - Open source P2P money
Bitcoin - Open source P2P money
Apr 23, 2013
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Download Bitcoin Miner PRO
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The volatility of Bitcoin follows a precise pattern described by the power law.It is so strange that I tried to explain the relevance to both of these guys but they could not appreciate it. I ask you please to study it.It is extremely relevant to the discussion of volatility you are having in this convo.Let me explain:Bitcoin's price has empirically followed a power law over its 15+ year history: log(P) = C + n·log(t), where t is time since the genesis block in January 2009. The exponent n ≈ 5.7
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JUST IN: Coinbase CEO Brian Armstrong tells Fox Business there was a compromise on the Bitcoin & crypto market structure bill, clearing the way for it to pass the Senate 🚀"It's in the best place we've seen so far...We're ready to support a markup later this week." 👀
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