📊 The Dacoinminster Power Law, Bitcoin's OG Growth Model
Back in 2013, an anonymous Bitcointalk user known as "Dacoinminster" proposed something wild: Bitcoin's price isn't random, it grows as a mathematical power of time since the genesis block (Jan 3, 2009). Plot it on a log-log chart, and over a decade of boom-bust cycles snaps into a strikingly straight line.
The formula he came up with:
Price = 4.42×10⁻¹⁷ × (days since genesis)^5.6
🗓️ Today: $95,500
🗓️ 2030: $246,600
🗓️ +10 years (2036): $1.17M
🗓️ +20 years (2046): $6.56M
Looking at the chart, actual price has swung wildly around the curve for over a decade, sometimes 5x above it (2017, 2021 peaks), sometimes below it (2015, 2018, 2022 bears).
Right now, price sits below the model's line, which is exactly the zone power-law we the believers watch for, since every past dip below the curve was eventually followed by price reverting back up toward or above it.