Bitcoin’s Logarithmic Growth Curve - last model standing?
Dave the Wave is an investor, trader, and technical analyst. A contrarian, Dave is respected on Crypto Twitter for his objective, rational approach to technical analysis. Dave’s thesis is that Bitcoin is following a Logarithmic Growth Curve model. Logarithmic growth suggests exponential gains at the beginning that slowly taper off towards a plateau in the long term.
Why you should listen:Andy and Dave discuss Dave’s Logarithmic Growth Curve model. Dave says that Bitcoin is a nascent currency in the process of capitalization. There are periods of volatility in both directions as new people add and subtract liquidity in adoption waves.
Despite sometimes being misunderstood as bearish, Dave says that if Bitcoin follows the Logarithmic Growth Curve, Bitcoin could hit almost $1million in approximately ten years' time.
Dave analyses several other Bitcoin models, such as Stock to Flow, and Lengthening Cycles, and explains why in his view, they have been invalidated, leaving Bitcoin’s Logarithmic Growth Curve as the last model standing.
Supporting linksMasterworks
Dave the Wave
The Logarithmic Growth Curve
Dave on Twitter
Andy on Twitter
Brave New Coin on Twitter
Brave New Coin
If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.
Create your
podcast in
minutes
It is Free