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You're trying to simplify the study, but it isn't that simple - they use pretty complex analysis to present their findings, so replying to what you said here is
by roflyear 4y ago
You're trying to simplify the study, but it isn't that simple - they use pretty complex analysis to present their findings, so replying to what you said here is a little off subject.
> The observation that is also unjustified is this idea that whales can prop up the price, how does that work exactly?
I don't have interest in getting into this.
- alchemist1e9 4y agoI’ve read portions and skimmed all of the paper. Then using PDF version I used keyword searching to make sure I’m not crazy, I can’t find any portion of the complex analysis that handles Satoshi’s coins, or lost coins at all. This paper is now one of many examples where intelligent and sophisticated authors produce complex analysis but omit very basic and obvious factors, likely because they negate their conclusions.