BTC_POWER_LA

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Failed in life "artist" that wants to trash public spaces when his walls are all white and his coach has cute little flowers.
A coward without talent.
You cover yourself because what you do is illegal?
What about being arrested for the love or your art?
What a pussy.
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Stupid ltalian lawyer, a pseudo-intellectual, defending graffiti as "true popular art".
There is a simple test I would like to do, let me come to your home and legal studio and start to reproduce some of this horrible crap on your wall.
I will even buy the paint.
Let's see how you react.
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Soon I will do the same in all Torino.
The Graffiti Vigilante.
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I knew there was a use for this large screen.
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Sirmione Italy.
View Original
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Lake of Garda Northen Italy.
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Achievement unlocked!
Power Law paper published.
Thank you for all your support and constuctive criticism along the way.
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Instead of relying on third-party charts that are often incomplete, inconsistent, or not built with the correct methodology, the Scientific Bitcoin Institute is working on official Bitcoin power-law charts, indicators, and statistical tools.
Some of these resources will be available to everyone. Signing up for our free newsletter will be the minimum requirement to access them.
More advanced tools, deeper analysis, specialized indicators, and member-only dashboards will be available to those who support the Institute through membership, with reasonable donation tiers.
This is part of our broade
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This table should give you an idea of historical deviations from the power law for the minima in terms of todays values.
The largest negative deviation would have brought us down to $27K .
Current deviations are similar to 2012 and 2015 bottoms.
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The distribution of Bitcoin's deviations from its long-run power-law trend — and where we sit in it today.
Fit the deviations (log-price minus the trend; n=5.65, R² 0.96, Aug 2010 → today). They are right-skewed: skewness +0.84. So price is not log-normal around the trend.
A normal fit fails on both tails — it overstates the floor and understates the bubble tail. A skew-normal fits cleanly (KS 0.047 vs 0.091; a large AIC gap), and the Q–Q confirms it: the normal bends away at both ends, the skew-normal hugs the line.
Two consequences:
— The floor is shallower and more bounded than symmetric ba
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This is something many people still do not understand: Bitcoin is a scale phenomenon.
That means the relevant changes are not ordinary linear fluctuations, but changes in orders of magnitude. Bitcoin should not be understood primarily through daily noise, weekly corrections, or even 50% drawdowns. It has to be understood through logarithmic structure, multiplicative growth, and factors of 10.
This is why Bitcoin can fall 30%, 40%, or even 50%, and still remain perfectly consistent with its long-term structure. In most traditional assets, a 50% correction looks catastrophic. In Bitcoin, within
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If you really insist on defining a “floor” based on historical lows, then this is a more correct way to do it: use the observed asymmetric distribution of deviations and fit it properly.
But again, this is only an illustration of typical historical deviations. It is not an inviolable floor, and it should not be confused with the power law itself.
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It is actually strange and interesting that the downward deviations do not go beyond 2 sigmas and usually they are within 1.
Right now we are more like 1.3 sigma.
Well withing historical values.
Nothing is broken (so far).
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Here the real stats for the historical "floor".
Bitcoin near $58K, in power-law context — the data without the noise.
The long-run fit (price ∝ days^5.67, R² 0.96 on 2010–2026 daily data) puts the trend at ~$135K today. $58K is −1.22σ below trend — a factor of ~2.3 — and −54% off the $124.8K ATH.
That is ordinary cycle-low territory. Every major bottom has landed between −0.7σ and −1.4σ (mean −1.05σ):
2012: −1.25σ
2015: −1.38σ
2019: −0.75σ
2020: −0.72σ
2022: −1.17σ
$58K sits right among them — essentially the 2022 and 2012 lows.
On levels: the casually-cited −1σ floor is ÷2 ≈ $68K today. The m
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Where the minima are relative to the trend?
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Leverage games, they never learn.
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