Bitcoin Forum

Economy => Speculation => Topic started by: CliffordM on November 04, 2013, 07:46:34 PM



Title: Potted history of bitcoin price
Post by: CliffordM on November 04, 2013, 07:46:34 PM
This log-price plot of the GOX price since inception is quite remarkable  -- showing an incredibly uniform growth.

It's not speculation  or predictive :  but what it does effectively is express the data about the two axes (time and price) in a way such that the major events can clearly be seen.

If one assumes the uniform growth continues then it does become speculative -- but that is a matter of interpretation.



Title: Re: Potted history of bitcoin price
Post by: steelboy on November 04, 2013, 08:05:35 PM
No graph  ;D


Title: Re: Potted history of bitcoin price
Post by: Qoheleth on November 04, 2013, 08:14:30 PM
No graph  ;D
I assume the OP is talking about the complete historical chart.
http://i39.tinypic.com/2wci.png

It's an interesting argument. Not sure what I think of it.