#Giovanni Santostasi

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Bitcoin Growth Game: Power Law Theorist Claims Bitcoin Network Outpaces Internet Growth

Bitcoin’s adoption rate, per Giovanni Santostasi’s detailed analysis titled The Bitcoin Growth Game, is surpassing the early internet era, marking a significant milestone in digital finance. Santostasi’s work explains Bitcoin’s growth dynamics using a mathematical model that emphasizes how network participation enhances its overall value. He draws comparisons to non-zero-sum games where…

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2024.09.07(1)ビットコインが本質的に予測可能な理由 Why Bitcoin is Inherently Predictable  テーマ：英語のお勉強日記(7988)カテゴリ：ビットコイン​Why Bitcoin is Inherently Predictableビットコインが本質的に予測可能な理由​Giovanni Santostasiジョバンニ・サン

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The Bitcoin Power Law: A Mathematical Approach to Predicting Bitcoin's Price

A recent article discussed the Bitcoin Power Law, a predictive model developed by Giovanni Santostasi to forecast the price of Bitcoin. The model is based on mathematical and scientific principles and aims to map out Bitcoin's price trajectory. Santostasi, a former physics professor, uses a power law concept, which is a mathematical relationship where one quantity is proportional to a fixed power of another. He applies this concept to Bitcoin's pricing, suggesting a pattern of predictable growth over time.

The core formula of the Bitcoin Power Law is expressed as Estimated Price = A * (days from GB)^n. In this formula, "GB" represents the Genesis Block of Bitcoin, "A" is a constant (10^-17), and "n" is 5.8. According to the model, Bitcoin is predicted to reach a cycle peak of $210,000 in January 2026, with a subsequent low of $60,000 later in the year. It also forecasts a minimum short-term price of $35,000 and projects a long-term price of $1 million by 2033.

While the Bitcoin Power Law offers an interesting perspective on Bitcoin's potential growth, it's important to approach these predictions with caution. Financial markets are inherently unpredictable, and past data cannot guarantee future outcomes. Critics argue that models like the Bitcoin Power Law can create unrealistic expectations for investors. It is important to consider price predictions as just one factor among many when making investment decisions and maintain a critical eye on the assumptions and limitations of such models.

To read the original article, visit https://decrypt.co/resources/the-bitcoin-power-law-a-mathematical-approach-to-predicting-bitcoins-price.

hashtags: #bitcoin, #predictivemodel, #financialmarket, #cryptocurrency

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Proof Of Work Awards: Meet the 10 Most Influential Bitcoin Leaders in 2024 (Honorable Mention Included)

"This list was built with those in mind who have contributed to the Bitcoin protocol.. A toast to all those who have ultimately let their work speak for itself. Without further ado, Here Are The Most Influential Bitcoiners of 2024"

The 2024 Bitcoin Awards Ceremonial List honors those whose dedication has propelled Bitcoin’s growth and innovation. This list was built with those in mind who have contributed to the Bitcoin protocol in a myriad of ways, via action, research, or education. A toast to all those who have ultimately let their work speak for itself, thereby accomplishing feats that only the most intelligent – and…

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Bitcoin Power Law Suggests Bitcoin Price will reach 100k by Jan 2025

The Bitcoin Power Law model is a form of quantitative analysis that applies to math predict Bitcoin’s long-term price trends. Jan 1, 2025 Power Law Prediction: Bull Case Price: $378,000 Expected price: $100,000 Bear Case Price: $35,000 #BTC $BTC

The Bitcoin Power Law model is primarily a form of quantitative analysis, applying mathematical principles to predict Bitcoin’s long-term price trends. It uses logarithmic transformations and regression analysis to define support and resistance levels, offering a structured approach to forecasting. While it overlaps with technical analysis, the model’s foundation in physics-based principles…