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Open original source ↗So much lies from Giovanni, I have to reply:
- I do not sell anything, all my info is for free. Gio sells stuff.
- The data (see my quoted tweet/charts below) shows S2F 97.7% R2 and PL 94.7% R2. So the data is clear: there is a S2F-price relationship, and it is stronger than PL-price. Gio ignores the data and just blurbs "no information, zero, false, no relationship, garbage".
- Gio claims I based my S2F model on his PL model. That is not true! As I said many times before, time models (like Trololo, PL etc) were my starting point, I used time models before S2F, and still use them. But I wanted to know WHY bitcoin price increases over time, WHAT drives adoption? And my thesis (that's all S2F really is) was that scarcity (measured by S2F, as used by commodities investors) is the driving force.
- Gio accuses me of misleading and hurting people. All my info is for free, and I am just sharing my charts and insights, for discussion and to learn. Yes I can be wrong, in fact I was wrong on 100k in 2021, and on floor model, and I certainly will be wrong again in the future. But I never intentionally misled people. This is a grave accusation of Gio that I can not forgive.
- I find the continuous lies, ad hominem attacks and rudeness of Gio disgusting.
Quoted context
These are the quoted author’s words.
PlanB has made an art form in selling bs. No, there is no information in S2F, like zero. Because the main claim is that there is a power law between S2F and the Price of Bitcoin. This is false. There is no such a relationship. I cannot be logically (the impact of miners on price is minuscule) and the data says otherwise. He based his model on the power law work I have done and since then he has misled and even hurt people with his crazy claims. He really poisoned the well. This is why I'm so strong about his garbage S2F model. I will write a long rebuttal tomorrow but all what he claims is nonsense.
Giovann35084111 ↗