Post
Topic
Board Speculation
Re: Logarithmic (non-linear) regression - Bitcoin estimated value
by
yurets_z
on 17/01/2024, 21:28:20 UTC

....

Hi Sergii,
It turns the model of Trolololo is nothing else than a power law. He wrote the formula, log10(Price)=A*ln(days)-C but this can be rewritten as Price=10^(A*ln(days)-C) or Price=days^(Aln(10))/10^C or price=B*days^n where B=1/10^C and n=A*ln(10).
It is a big deal because a power law first of all looks like a straight line in a log log graph and BTC looks exactly like that. .....

With all respect the formula in question is NOT a simple power law and its log-log plot does not look like a straight line
 
E.g. here is one recent version of such plot in log-log scale

https://i.ibb.co/m4kYCsq/BTC-Plan-52.png