Kosta Ouzas argues Bitcoin's price follows a power law driven by human psychology, not randomness. During bull runs, traders take leveraged positions and chase fast-moving shitcoins that outpace Bitcoin. The pattern should hold for the next 10 years.
Look, I will not mind for us to follow the power law closely for the next 10 years. You know, people thought that the bull runs were exciting. There were opportunities for few people because, you know, they. They knew when the buran happened. Or maybe they had some evidence for it. Maybe they open very leveraged position. Maybe they play with that. One of the things that I think a lot of people looked into was the shitcoins, right? They were buying shitcoins because the shitcoins used to go faster than bitcoin during a burlap.
