Published 24 Aug 2026, 14:16 UTC · fetched 3 Nov 2026, 13:36 UTC
Matt Hougan
@Matt_Hougan
Quoting · 18 Aug 2026, 01:56 UTC · context given to the AI
My first blog post since 2019! https://t.co/XTpGSkEUSgI missed this post last week amidst everything that was happening in the market. It's worth reading. I continue to think the market is underestimating ethereum:0x1f9840a85d5af5bf1d1762f925bdaddc4201f984. https://t.co/Irf085GYE0View original on X ↗
Deterministic: the same prices and policy always give the same result
r = 2477.11 / 2515.27 − 1 = -1.5%d × r = -1.5% (neutral only if the price is unchanged) → incorrectOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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