3min chapter

The Café Bitcoin Podcast cover image

Price-Models Revisited, Price vs Relative Value with Steven Lubka, John Haar and Greg Foss - July 21st, 2023

The Café Bitcoin Podcast

CHAPTER

How to Make Qualitative Predictions

If you want to make a qualitative statement like Stephen was saying about how Bitcoin's price might move over time, go for it. But don't act as if you can actually predict things with that level of precision because you can't do that. You're not betting on quantitative analysis unless you're doing high frequency trading or whatever. You're Betting on human preferences in the future. That is how investment happens.

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