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https://warpcast.com/~/channel/ethfinance
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Thomas
@aviationdoctor.eth
Had a bit of R fun playing with historical ETH prices since genesis, and plotting them into a histogram of $100 bins. Anon, did you know that the mean price of ETH to date is only $936, and the median $346? That's right, ETH has spent as many days below and above $346.
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notqz🎩
@fishbiscuit
Oh man we can go much lower then
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Thomas
@aviationdoctor.eth
It’s exactly what I was looking to determine with this exploratory analysis. My hypothesis is that there is a Lindy effect to price itself, i.e., the longer a crypto asset spends within a range, the more likely it is to stay within or revert to that range, as if the market increasingly registered it as its fair value
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