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Bitcoin Price Follows Power Law Due to Scarcity-Driven FOMO
A power law model precisely fits Bitcoin's price behavior since 2011, driven by the fear of missing out (FOMO) due to its fixed supply, creating a continuous influx of buyers and upward price trajectory.
Bitcoin Price Follows Power Law Due to Scarcity-Driven FOMO
A power law model precisely fits Bitcoin's price behavior since 2011, driven by the fear of missing out (FOMO) due to its fixed supply, creating a continuous influx of buyers and upward price trajectory.
Progress
48% Bias Score
Reduced Inequality