Power Law

@sminston_with · updated 2026-08-24

How to read it

Fit a straight line to log(price) vs log(days since genesis) and Bitcoin traces it across every order of magnitude. The OLS fit is the least-squares (mean) line; the median fit is the q=0.5 quantile line, which leans less on the blow-off tops.

Price = k · dᵇ with b ≈ 5.65 (OLS) and 5.84 (median). Above the lines is historically rich; well below is historically cheap.

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