3 sats \ 1 reply \ @ek 3 Apr 2023 \ on: Lower your price-preference and lower your time-preference bitcoin
Where do the numbers 4.8 and 85 come from in the equation at the bottom?
And maybe add in which currency the price is.
But all in all, cool website. I like how simple it is
If you wanted to mention @DarthCoin, that's how you do it
Great question! Those two numbers were found by curve fitting the price to a line. Slope and y-intercept.
I used Python and NumPy to do this using this one liner:
polyfit(log(time),log(price),2)
which returns approximately [4.8,85]
reply