Modeling the price of bitcoin with Fred Krueger
ฝัง
- เผยแพร่เมื่อ 16 พ.ค. 2024
- In this episode, Fred Krueger reflects on his initial experience of purchasing bitcoin on Mt. Gox and subsequently selling it on Mt. Gox. He dives into detailed explanations of both the Stock-to-Flow (S2F) and power law models, offering his insights on whether the bitcoin power law model should be regarded as a mathematical law or just a pattern. Finally, he discusses potential factors that could disrupt the power law model and addresses the notion proposed by Michael Saylor that all models are broken.
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TIMESTAMPS:
00:00:00 Intro
00:01:20 Fred’s background preparing him for bitcoin
00:04:17 Fred buying bitcoin on Mt. Gox
00:06:37 Bitcoin as a pet rock with no cash flow
00:10:57 S2F and Power law models
00:23:03 ETH trending to 0
00:25:17 Power law-mathematical law or pattern?
00:40:16 Extreme bear markets
00:41:50 Using bitcoin and bitcoin custody
00:47:50 How would the power law model break?
01:01:09 Will all the models break?
01:07:01 Closing thoughts
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If you can’t talk about your bitcoin wealth with your financial advisor, it might be time to find a new advisor. Check out Sound Advisory at thesoundadvisory.com.
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2024 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market
nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with ‘’Colleen Rose Mccaffery” for the last five years or so, and her returns have been pretty much amazing.
I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her
Joe's done some of my favourite interviews, he doesn't impose himself on his guest, he asks pertinent questions and keeps good pace.
It’s nice when the interviewer actually listens and it allows us to listen also.
Thank you John! My podcasts are never about me. I always try to take a genuine interest in our guest.
Math nerd checking in: Power Law instantly orange-pilled me; it led to all the rest of my Bitcoin research. Am now a proud Maxi. :)
Nice!
A maxi...says it all
@@Theo-dj7vs Sure does! :D
I just increased my conviction by watching this video. Thanks!
Good Job letting Fred be Fred. Good Interview, informative, enjoyable and You Know...
Thanks! Yeah, Fred had some good insights here, and he had some funny comments haha.
I went back and forth with livera about the power law, he kept saying "how's it useful?" He was missing the universal element to power laws, it's not just applied math attempting to measure a random asset. I also spent some emails with What Bitcoin Did podcast trying to get Giovanni as a guest 2 months ago to no avail and thats why I was EXTREMELY impressed when Fred gave him airtime!!!...
this thing is completely underrated... all these Podcasters have no issue putting rational root or plan B on their show (maybe why they're gun shy now) but Giovannis spiral chart based on the power law is even more symmetrical than rational roots chart... I don't understand their resistance to experienced physicists modeling BTC with advanced mathematics???
It's time to level up boys
Agreed. Moonboys hate this model, but to me, it's the most rational and sobering. Sure, there will be deviations but it'll revert to the mean .
Don’t wait to buy bitcoin, buy bitcoin and then wait. So much insights! Thanks
Fred always informative and useful
Joe you're a stud of an interviewer dude, and those little elaborating pauses were a nice touch
Really appreciate that! Thank you.
Maybe write the book Fred, would be great to learn the math. I got it on your Led Zeppelin video. Realized what exponential growth looks like.
Great Interview
I want to say that the point where Fred and I disagree is that the Power Law Theory doesn't allow us to trade with this knowledge. It does. Because even by looking at the deviations alone you can do DCA that beats normal DCA by factor of 10 or more. Study the Power Law theory to understand how is possible.
V heard that fact before & its super profound.. 🤯🤯🤯
Giovanni said this
I really love the comments where there is clarification needed@
Thx
Damn was hoping for a thorchain tutorial
lmao!
Anyone looking at thor chain is clearly a bitcoin noob and bound to suffer for it
@@blackfiree91 pretty sure it was a joke big dawg
@@S54VR6 yeah no.
Freddie Krueger? Why does that name sound familiar?
S2F came out in 2019 just after my reddit post on the power law. Given S2F is based on a power law (fake one) between Price and S2F I don't think it is a coincidence.
Now I see why you're pissed at s2f
Fred is awesome
Fred is an interesting guy. First time hearing him.
More confident with Bitcoin
Keep buying and forgetting
Focus on day to day career and maximizing income
Let's go!! Great guest
You know...
"I know Brock Pierce" 😅😅😅
I said 6 weeks ago you could kiss 100k by the halvening goodbye. We haven’t even set an all time high, despite the fluff on the muff of the ETFs.
Wut.
yOu kNow!
💯
Need a twitter survey on how many addresses you own.
All models are wrong, but some are useful.
my gf a model: please stop saying that
You know…
You know. Yadda, yadda, you know.
wtf? You pause to make an argument off interview? Very uncool. If you have an argument or a point do it live.
That was a great interview with a beautiful and intelligent woman.
Ewwww. Get a room creepy creep.
You argue without basis. Why do you do that? Did you look at the on-chain data? No. There is no correlation at all between issuance and price. Can we stop making random statement and looking at the data? The data is publicly available. I spent hours making video showing the evidence.
There is no relationship between issuance and price. Period.
unchained has been having some of the lowest signal guests on lately,. surprising
Lmao. His take down of gold and how the people who have the gold fantasy of money are living in science fiction. Haha
🤣
PEPE
Fuck TH-cam censorship
This guy is a coxman!
Too many "you know"....not informative. Just a pump piece for btc
BSV seeing 1M tps testing Teranode with AWS shows everyone what Bitcoin can do. I hold some BSV and see it as the data Bitcoin network of the future. I hold BCH because it can be Peer-to-Peer money for the world on L1 and BTC with 5 tps on L1 and small blocks I see as Digital Dog Shit, slow, expensive to use and price pumped like a Ponzi
Fred's cool and all but he still doesn't really get it. He's all about Number Go Up and couldn't care less about the other properties of bitcoin.
Those are the same thing. The properties of Bitcoin make the number go up.
Litecoin is the similar house right across the street from Bitcoin, unfortunately a sickly skunk died in that house and the stench of Charlie Lee dumping his coins on would-be believers will never vacate that house and never be forgotten by anyone in the Crypto community. It will stink forever and be a reminder of why Satoshi disappeared.
Why are you platforming a grifter.
Ya know , ya know , ya know
Can’t listen. It’s the most annoying thing ever
Message not the messenger. NGMI if you can get past minor annoyances 😂
OMG, THIS GUYS IS ANNOYING "YA KNOW," YA KNOW? YA KNOW? YA KNOW? YA KNOW?
Lol
Nobody's forcing you to watch this.
This guy tried really hard to be relevant but he’s not. He was wrong about MSTR, he was wrong about THOR chain. He is wrong. Don’t listen to this chump