#42 How much GOLD can Bitcoin buy?

<p>Check out show sponsor Coinkite: https://coinkite.com/</p> <p>Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/</p> <p><br></p> <p>This is the forty-second video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.</p> <p><br></p> <p>Contents</p> <p>00:00 Intro</p> <p>00:56 Bitcoin on log scale, in terms of gold</p> <p>02:27 Tops and bottoms in USD, what does it mean for BTC.AU?</p> <p>18:15 Bitcoin priced in gold power trendline (95% R-squared)</p> <p>18:57 1-sigma percentile moves</p> <p>20:42 2-sigma percentile moves</p> <p>24:47 Projecting out to 2030</p> <p><br></p> <p>Here we compare the price per bitcoin in terms of gold; that is, how many gold ounces can we exchange for 1 bitcoin at any point in time? We also layer in its best-fitting trendline, a power regression, as well as 1- and 2-sigma percentile bands to better understand where we are now versus historical levels.</p> <p><br></p> <p>Coefficients:</p> <p>y = a * x ^ b</p> <p>y = y-intercept * x ^ slope</p> <p>y = 8.14E-21 * x ^ 582%</p> <p><br></p> <p>https://porkopolis.io</p> <p>https://twitter.com/crypto_voices</p> <p><br></p> <p>Show content is not investment or financial advice in any way.</p>