On chain Price Interferometry
summary
Extracts BTC price from on‑chain activity by finding persistent round USD spikes (claims 85% of the signal is simple average transaction amount) and matches exchange prices with daily averages; uses Bitcoin Core getblockstats RPC (total_out / n_outputs) and a stencil bell‑curve matcher to find the $100 peak, runs a visualization at UTXO.pro showing a terabyte of history plus a live mempool feed updating every 1–5 minutes; works well for daily price, mempool is higher‑frequency but non‑consensus and slower to converge.
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chapters (8)
- 0:00Onchain price interferometry intro
- 2:11Bitcoin tx stats reveal price
- 6:41Live blockchain visualization
- 15:50Algorithm deep dive
- 28:08UTXO Oracle variants
- 36:23Non-USD currencies & manipulation
- 41:42Lightning Network impact
- 45:32Q&A
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