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Title: 11th April 2013 Daily chart BTC USD MtGox, Log, annotated yadda yadda Post by: ManBearPig on April 11, 2013, 11:59:56 AM http://tonycoleby.com/shared/2013-04-11_bitcoin_growth.png
See that little dog paw under the yellow speculative arrow. That's your crash that is. Average daily growth for the last 25 days is now at a less insane 4.8%. Disclaimer: I didn't shoot JR. Title: Re: 11th April 2013 Daily chart BTC USD MtGox, Log, annotated yadda yadda Post by: NamelessOne on April 11, 2013, 12:03:03 PM Aaawwwww... ONLY 4.8% daily? Bitcoin must be dead forever then... at that rate will only be 33% higher a week from now! The end has arrived! LOL haha :P ;D
Title: Re: 11th April 2013 Daily chart BTC USD MtGox, Log, annotated yadda yadda Post by: ruski on April 11, 2013, 12:11:05 PM $100,000 by Feb '14, you say?
Title: Re: 11th April 2013 Daily chart BTC USD MtGox, Log, annotated yadda yadda Post by: ManBearPig on April 11, 2013, 12:45:57 PM Yeah terrible isn't it? We've sustained that kind of daily growth for a while now but clearly 23% was pushing a bit.
Nah, the CHART, the maths, the extrapolation says what the price will be IF x continues. Me, I just compile the chart and answer the What If question. I try to keep fact and opinion separate. But $153 to $100,000 needs 300 iterations of +2.18%. |
