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ciarán.eth
May 17, 2021 • 9 tweets • 2 min read
1/ Bayesian reasoning applied to crypto - A Thread
There are various theories that have been devised to try and understand crypto's future. These include the halving cycle, the stock-to-flow model, and various wave theories among other things.
2/ The reality is that there is little data to support any of these theses. They’re either beset by confounding factors (eg S2F) or involve tiny samples (eg halving theory).