Bitcoin Forum

Economy => Speculation => Topic started by: someguy123 on April 11, 2013, 04:23:05 PM



Title: And this crash was predicted a long time ago.
Post by: someguy123 on April 11, 2013, 04:23:05 PM
https://i.imgur.com/paiUbDk.png


Their graph maps onto our bitcoinity graph perfectly  >:(


Title: Re: And this crash was predicted a long time ago.
Post by: giarc on April 11, 2013, 04:25:14 PM
https://i.imgur.com/paiUbDk.png


Their graph maps onto our bitcoinity graph perfectly  >:(

I think you got your baseline wrong, if you ask me the blip at the end isn't below the trend its the suckers rally.


Title: Re: And this crash was predicted a long time ago.
Post by: someguy123 on April 11, 2013, 04:26:52 PM
I think you got your baseline wrong, if you ask me the blip at the end isn't below the trend its the suckers rally.
Yeah the mean line is pretty awful, I did it in MSPaint  :-\
Should've probably aimed a lot lower at the end aswell.


Title: Re: And this crash was predicted a long time ago.
Post by: grue on April 11, 2013, 04:28:53 PM
1. predict crash or bubble
2. wait until inevitable crash/bubble
3. make a thread saying "I told you so!"
4. ???
5. profit


Title: Re: And this crash was predicted a long time ago.
Post by: muyuu on April 11, 2013, 04:31:02 PM
The value of BTC increases with the number of users, therefore the bubble chart that applies to goods doesn't quite translate.

We can approximate it temporarily though.