Bitcoin Power Law Explained - Conversation with Sina

[@frenznfamily6423]

Rajat you are in my class of 2024 Bitcoin’s most respected voices. Cheers sir 🧡

[@frenznfamily6423]

I hope to see you and James from Invest answers talk Bitcoin one day soon.

[@TDHMF]

He’s the voice that orange pilled me. For that, I am grateful.

[@Bitsurf24]

Rajat and Sina engage in an intellectually honest conversation 🙏

[@sdrjr3562]

Sina really went deep on the graphics. I loved it! Thank you!

[@rickrobinson8417]

I follow you on X. Didn't know you had a channel here until it just now popped up on my feed!

[@onlyonerombo]

Awesome presentation, from both a statistical and an emotional point of view. Thank you both so much. 😊

[@shirolee]

Holy cow Sina is brilliant!

[@jackcrook4435]

Loved seeing that you are open to learning to about this data Rajat. I have always been disappointed at how quick some dismiss the power law as price prediction mumbo jumbo and fail to see there is a real beauty in the consistency of bitcoins trajectory that makes it’s an antifragile force of nature. Growing in the same way a solar system grows, once it reaches certain points the data suggests an inevitability that it will do another order of magnitude. To me this doesn’t make me want to trade, but just makes me stronger in my convictions of BTC. Plus I just love science stuff, so it’s cool that it overlaps with my other passion in btc

[@rajatsonifinance]

Always open to new knowledge

[@vavoo4971]

Enjoyed the conversation and the Persian accent. 😅

[@frenznfamily6423]

I wonder if there is a place for visa in the future if they update there software to accept btc and allow for payment reversals.

[@quantonomy]

A "law" in science is a statement that describes an observable phenomenon in nature, based on repeated experiments and observations, which appears to be universally true under specific conditions, often expressed as a mathematical equation, and simply describes what happens without explaining why it occurs; essentially, it's a rule that consistently predicts the outcome of a certain situation in nature.

[@lessw2020]

Excellent presentation.

[@ttabasso]

Rajat - great content thank you !

[@zoleeeagle9339]

Very knowledgeable content! Thank you for your work 👍

[@jeremy6549]

Great video Rajat!

[@dannizytnik5377]

Wow this guy is so smart i love this guest everything he says make sense

[@hack45993]

Amazing interview, thank you for doing this ❤

[@leoleguide]

Rajat is the GOAT

[@DM-vp3kr]

Great video 💯🙌🙌🙌

[@SlackersIndustry]

This was amazing, learned a ton from sina, makes us even more bullish for bitcoin , hell gonna buy some more now

[@josephinewliu]

1:01:50 starting with MicroStrategy MSTR

[@quickestlaughs]

Excellent video

[@BitcoinAndCryptoCurrency]

it was great to start learning crypto

[@darkfangulas]

Wow this guy is awesome

[@BitcoinAndCryptoCurrency]

loved the video

[@quantonomy]

There is a very powerful principle that everybody else that doesn't know well power laws doesn't ever mention: Scale Invariance. You cannot talk about power laws if you don't talk about Scale Invariance. I love Sina but he missed big time in not discussing this topic.

[@alexnatourNewHomesLasVegas]

Awesome stuff thank you guys

[@samueldeveault2263]

This man's cup has no bottom.

[@artisan_james]

New to bitcoin, but am thinking about pulling the trigger next month and buying say $500-1000 of BTC right out the gate and then DCA for the next 5-8 years or longer and just stacking in cold wallet and holding... does that sound like a sound plan, need some advice? I don't want to sell or trade down the road but simply convert it to cash...

[@rajatsonifinance]

Sounds like a good plan. Buy some now and set up automated purchases forever.

[@artisan_james]

@@rajatsonifinance Okay thanks, as long as it can be converted to cash and i dont have to sell or trade which i don't even know how to do yet anyway... Mark moss predicts conservatively around 150-170k next year per bitcoin... late 2025

[@stanleynnaemekaorajiaka8109]

I think you'll benefit from @rajats community, he holds a weekly live session. This will help you since your finding your footing.

[@BattleDroid191]

A great plan… 15 years ago 😂

[@artisan_james]

@@BattleDroid191 Why's that? I'm hearing and seeing videos left and right of owning just 0.1+ bitcoin and stacking is all you need as it will appreciate in the next 10-15 years...?

[@stanleynnaemekaorajiaka8109]

Nice conversation.!! I think the mathemazation of Bitcoin's price into a "law" is what I don't buy the idea. It's the same as keysian macroeconomist measuring growth through a mathematical model by measuring demand. Bitcoins demand can't be mathemacized. It's basic human action

[@rajatsonifinance]

Definitely agree! Sina mentioned this

[@jackcrook4435]

Power law isn’t a “law”

[@certifiednoncheataccount]

Your perspective is interesting and highlights an important critique of mathematical models - they are always a simplification of reality. While I agree that human actions and market psychology are hard to quantify, models like the 4-Year SMA still provide useful benchmarks. They help to reveal long-term trends, even if they can’t account for short-term market movements. Ultimately, as you mentioned, Bitcoin’s market is driven by human demand, but this demand often follows certain patterns - which is what these models aim to capture.

[@quantonomy]

@@certifiednoncheataccount sma is not predictive, the power law is.

[@quantonomy]

@@jackcrook4435 the common understanding of law is not what a scientist calls a law. Even the law of gravity is a statistical pattern. Not sure why people are confused about that.

[@kingstorm7188]

I really want to plan for my children and grandchildren future and I found Bitcoin as a way to do that

[@quantonomy]

Most businesses grow exponentially not like power laws. Power Laws are predictable because of scale invariance.

[@picassoedftheglitch8344]

Woke up one day to take a piss then looked at my phone and seen 3,000,000 Bitcoin…. It was all the sign I needed. Bitcoin is far better than a bank.

[@alexandersellect1960]

🎉

[@johnanon658]

There will still be a premium on houses where there are not many bafricans around…has to be, the american dream since 64 when de jure means of keeping them out where baned was basically to have enough money to be able to be where they arent. Jus sayib

[@rajatsonifinance]

Things will change

[@geoms6263]

380k

[@marlon82mc]

👏

[@markomare]

I asked you a month ago if you follow the Power Law model and you said that you are not interested in any price models. :)) Greetings from Serbia

[@rajatsonifinance]

There were definitely a lot of misconceptions before that Sina cleared up!

[@mikepeters5732]

So, Power Theory then?..

[@rajatsonifinance]

Hahaha

[@quantonomy]

A theory is the highest understanding of a phenomenon in science. It is not the normal understanding of what a Theory is. It is a Theory because it includes also the causes for the power law. The theory includes how adoption works and how hash rate grows.

[@newyork5x5]

Is there a rumor that Apple may be creating a Crypto Wallet?

[@rajatsonifinance]

No, just an example

[@jeromejalibat3951]

I think he saying there is 99% chance it could reach anywhere from 135k to 295k and not 99% chance it would reach 295k

[@rajatsonifinance]

No, 99% chance for 295k or less, 1% chance of 295K+

[@Zion7z]

Siting in a hookah lounge and watching the rest on my iPad ……#FreedomFriday

[@conservativeyank5481]

300,000 by 2025? will we be able to find this video if it does not? probrably not people need to be held accountable fo continually being WRONG

[@rajatsonifinance]

Watch the video before you leave dumb comments.

[@conservativeyank5481]

@@rajatsonifinance what is dumb about what i said? the front of the video says 300,000 by 2025 do you really believe that? that is what it says i would like for people to be honest

[@moneymachine2789]

I bought 1 btc after trump win, put in my trezor cold wallet since. I am playing long wait until $10M😁👍 . Life changing moment.

[@imzy0173]

You bought 1 btc just casually worth 90k?

[@reedkk220]

Just think how millions will spend 90k to buy a new car or truck? ​@@imzy0173

[@SatoshiWitness]

PL breaks to the upside with hyperinflation and to the downside with responsible monetary policy.

[@rajatsonifinance]

Technically that's not the power law breaking. That's the 1% tail

[@SatoshiWitness]

I think PL could work better valued in gold which has a predictable supply issuance. But government fiat policy could go 2 ways. 1. Reduce M2 supply long term, raise interest rates. 2. Print money to buy bitcoin (hyperinflation).

[@Heregoesmike1]

I thought I'd give more power-law content a chance but nah, not convinced this will hold with all of the institutional/nation state adoption occurring.

[@rajatsonifinance]

The math shows that there's a 1% chance that it could go to crazy numbers. I don't think people quite understand what the power law is - I thought exactly the same thing as you before.

[@adiintel1]

I sort of agree and disagree about Bitcoins' volatility... when there's a crash in the legacy financial system bitcoin will crash big time too. But we all know the u.s fed and other western central banks will do what they do.... best...

[@rajatsonifinance]

They will constantly print Forever

[@adiintel1]

@rajatsonifinance no argument against that Rajat.

[@howardwilliams2925]

If you truly understand bitcoin! The “Power Law” or any law for that matter! Bitcoin is designed to go up forever by 21 million coins! That’s the POWER LAW!

[@rajatsonifinance]

Absolutely, Sina basically said this in the video!

[@picassoedftheglitch8344]

Woke up one day to take a piss then looked at my phone and seen 3,000,000 Bitcoin…. It was all the sign I needed. Bitcoin is far better than a bank.