![](https://i.seadn.io/s/raw/files/a1309d971ca25e350d4d483b208fc730.webp?auto=format&dpr=1&w=1000)
![](https://i.seadn.io/s/raw/files/a1309d971ca25e350d4d483b208fc730.webp?auto=format&dpr=1&w=1000)
Data used
X coordinate : Hashrate
- · The amount of computational power used to validate transactions on the Bitcoin network. A higher hashrate indicates a more secure and efficient network.
- · on-chain data
Y coordinate : Next interval return
- · The ultimate goal of trading. The final objective of research and modeling is to forecast future returns and make profits.
- · spot data
Color mapping : Dollar volume
- · The amount of bitcoin traded in dollar terms. An indicator of how much liquidity exists in the market.
- · spot data
Line slope : Long/Short ratio
- · The ratio of how many long positions and short positions exist in the derivatives market. It is a measurement of trader sentiment.
- · perpetual data
Line length : Perpetual premium index
- · Price premium of perpetual futures compared to its underlying asset. It is used as an indicator to see the sentiment of short-term traders through the demand for derivatives.
- · perpetual data
- I plot data.
Useless is a generative art collection created using bitcoin market data by a quantitative researcher and an artist, Chiko. To the artist, data are essentially traces of human actions, thoughts, and emotions preserved in the form of 0s and 1s. The collection seeks to capture intense emotions and experiences of participating in the market. From it, the artist invites viewers to have a moment of self-reflection on their investment experiences and the emotions they felt during those times.
[For more Info.]
-
Twitter(X.com) https://twitter.com/lazy_chiko
-
Webpage https://chiko.art
-
Catalouge(47page) https://www.chiko.art/catalogue2309.pdf
Useless #788
- PriceUSD PriceQuantityExpirationFrom
- PriceUSD PriceQuantityFloor DifferenceExpirationFrom
Useless #788
![](https://i.seadn.io/s/raw/files/a1309d971ca25e350d4d483b208fc730.webp?auto=format&dpr=1&w=1000)
- PriceUSD PriceQuantityExpirationFrom
- PriceUSD PriceQuantityFloor DifferenceExpirationFrom
Data used
X coordinate : Hashrate
- · The amount of computational power used to validate transactions on the Bitcoin network. A higher hashrate indicates a more secure and efficient network.
- · on-chain data
Y coordinate : Next interval return
- · The ultimate goal of trading. The final objective of research and modeling is to forecast future returns and make profits.
- · spot data
Color mapping : Dollar volume
- · The amount of bitcoin traded in dollar terms. An indicator of how much liquidity exists in the market.
- · spot data
Line slope : Long/Short ratio
- · The ratio of how many long positions and short positions exist in the derivatives market. It is a measurement of trader sentiment.
- · perpetual data
Line length : Perpetual premium index
- · Price premium of perpetual futures compared to its underlying asset. It is used as an indicator to see the sentiment of short-term traders through the demand for derivatives.
- · perpetual data
- I plot data.
Useless is a generative art collection created using bitcoin market data by a quantitative researcher and an artist, Chiko. To the artist, data are essentially traces of human actions, thoughts, and emotions preserved in the form of 0s and 1s. The collection seeks to capture intense emotions and experiences of participating in the market. From it, the artist invites viewers to have a moment of self-reflection on their investment experiences and the emotions they felt during those times.
[For more Info.]
-
Twitter(X.com) https://twitter.com/lazy_chiko
-
Webpage https://chiko.art
-
Catalouge(47page) https://www.chiko.art/catalogue2309.pdf