Back in 2013, an anonymous poster named Dacoinminster wrote a single forum post that has quietly predicted Bitcoin's price for over a decade. Sminston With used Grok to dig it back up, and says that formula just called $840,000 Bitcoin by 2031. He also has nine reasons why the bear market is already behind us.
Here is what we cover:
• Nine specific reasons Sminston believes the Bitcoin bear market has officially ended
• Why the 200-week moving average is one of the most reliable long-term signals in Bitcoin's history
• Bitcoin's snapback rally explained and what it typically signals about the next leg of the cycle
• How Sminston used Grok to rediscover dacoinminster's 2013 forum post and why the power law formula has held up for over a decade
• How the power law actually works and why it has outperformed almost every other Bitcoin price model
• Price targets ranging from $481,000 to $1 million and the math behind each scenario
• Why institutional adoption and gold's own trajectory are reinforcing the long-term Bitcoin case
• Sminston's direct response to Cory Klippsten's criticism of power law price models
If you have ever dismissed the power law as internet folklore, this conversation will make you look at the chart very differently.
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TIMESTAMPS
00:00 - Cold Open — Is The Bitcoin Bear Market Already Over
00:59 - Nine Reasons The Bitcoin Bear Market Has Ended
05:47 - The 200-Week Moving Average Explained
08:31 - Bitcoin's Snapback Rally And What It Signals
10:12 - The 2013 Power Law Forum Post Found Using Grok AI
15:55 - How The Bitcoin Power Law Formula Actually Works
18:33 - Bitcoin Price Targets — $481K To $1 Million By 2031
22:06 - Institutional Bitcoin Adoption And Gold's Role In The Thesis
27:43 - Sminston Responds To Cory Klippsten's Power Law Criticism
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