Bitcoin Forum

Economy => Speculation => Topic started by: manfred on July 07, 2013, 01:26:37 PM



Title: Linear Bitcoin Price
Post by: manfred on July 07, 2013, 01:26:37 PM
https://i.minus.com/jndLt3WCXC9CS.jpg

The good thing is the world does not move in a linear way.


Title: Re: Linear Bitcoin Price
Post by: atlosas on July 07, 2013, 01:31:18 PM
Worst diagram of the year award goes to...


Title: Re: Linear Bitcoin Price
Post by: bitcoin44me on July 07, 2013, 01:37:32 PM
Linear?


Title: Re: Linear Bitcoin Price
Post by: blackreplica on July 07, 2013, 02:23:10 PM
A user called sarc basically posted the same thing except its got some fancy regression applied to it


Title: Re: Linear Bitcoin Price
Post by: manfred on July 07, 2013, 02:45:00 PM
Worst diagram of the year award goes to...
Worst speculators are quickly found....


Title: Re: Linear Bitcoin Price
Post by: Kazu on July 07, 2013, 04:37:32 PM
https://i.minus.com/jndLt3WCXC9CS.jpg

The good thing is the world does not move in a linear way.

So you're trying to draw a long term trend line to predict growth on a linear chart that doesn't either track the bottoms or the tops nor does it seem to be any weird average.

ahhhh...