0.00101010 bitcoins.
-snip-
This exact bitcoin ammount is chosen as a binary signal/support such that it will not cost more than 100 euro/dollar as long as the bitcoin price remains below:
Questions:
- How is that value chosen?
- Is there a hidden message related to "Saving NVIDIA" behind the binary 00101010? If so what is it?
BTW, you failed to mention the coming POS transition of Ethereum (
not that I'm agreeing to most of the given reasons).
You might want to add that
1. How the value was chosen, it was a bit complex but not too complex, here it is:
First I started with 100 euro max at a price point of 50.000 euro.
So this leads to:
100 50.000 = 0,002
So basically this is the maximum fraction that one would buy of that 50.000 price point to stay below the 100 euro/dollar.
However the price is currently:
20.000 0,002 = 40 euro, which is ok.
So basically the factor 0.002 can also be seen as a bitcoin ammount/factor of the total price.
So now we just find a nice digital looking number below 0.002: (I think I also did some divisions and such but is not necessary):
0.001 is below 0.002 so now we just add some binary digits to it, flip flopping as well go:
0.00101010
Bitcoin is capable of handling 8 digits behind the dot, so the above value 0.001 filled with flipped digits until we have 8 behind the dot.
Now re-computing what this gives at different price points:
0.00101010 x 20000 = 20,202 ~= 20 euros
0.00101010 x 40000 = 40,404 ~= 40 euros
0.00101010 x 50000 = 50,505 ~= 50 euros
0.00101010 x 100000 = 101,01 ~= 100 euros.
So I realized this digital number/fraction is a bit low, so we can push it all the way up close to 100.000 to compute the actual limitation take:
100 euro 0.00101010 = 99000,099000099000099000099000099 euros
price per bitcoin.
Unfortunately no hidden message, would have been cool, but maybe somebody can come up with a hidden message
