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Title: How similar is the total market cap chart to a fractal evolving waves Post by: timotron on November 30, 2018, 09:03:32 AM How similar is the total market cap chart to a fractal evolving waves
https://i.imgur.com/cXzAGxt.png After the few drops over the years with over 80-90% losses and over 1000% gains I see some similitude. It helped me to understand the meaning of Exponential and what it means applied to Bitcoin evolving phases. Title: Re: How similar is the total market cap chart to a fractal evolving waves Post by: Renaldi blackspadeteam on December 09, 2018, 12:10:43 AM The wave is very similar to market capitalization, I think the wave is suitable for the market capitalization line from the end of 2017 to the present December 2018,
but I did not give up, I am still convinced of the potential of crypto assets and bitcoin in the price market to recover, maybe I am too selfish about my predictions, but if for the long term it seems reasonable. Title: Re: How similar is the total market cap chart to a fractal evolving waves Post by: el kaka22 on December 09, 2018, 12:39:45 PM How similar is the total market cap chart to a fractal evolving waves From what I gather it sure seems like bitcoin will get more stabilized in the future. The fact that volume is still what it is today shows that market can be manipulated by rich people but not just rich like can buy a car with his bitcoin but literally hundreds of millions of dollars.[im g]https://i.imgur.com/cXzAGxt.png[/img] After the few drops over the years with over 80-90% losses and over 1000% gains I see some similitude. It helped me to understand the meaning of Exponential and what it means applied to Bitcoin evolving phases. Moreover, if we get to a time when bitcoin has a volume of 100 billion or more (no matter what the price is but if we are at that volume more likely than not price will be high) the price will be difficult to manipulate and the swings will be less. Someone selling even a billion dollar worth of bitcoin wouldn't change the market at all whereas they are ruining the market right now. Finally, all this chart shows me that the higher usage rate we get the smaller swings we will have in the near future. Title: Re: How similar is the total market cap chart to a fractal evolving waves Post by: timotron on December 09, 2018, 07:17:57 PM The wave is very similar to market capitalization, I think the wave is suitable for the market capitalization line from the end of 2017 to the present December 2018, but I did not give up, I am still convinced of the potential of crypto assets and bitcoin in the price market to recover, maybe I am too selfish about my predictions, but if for the long term it seems reasonable. I see a similar wave since the first pumps and dumps (increases over xx% and decreases like 80% few times. exactly like this wave... Title: Re: How similar is the total market cap chart to a fractal evolving waves Post by: Renaldi blackspadeteam on December 31, 2018, 11:44:23 AM The wave is very similar to market capitalization, I think the wave is suitable for the market capitalization line from the end of 2017 to the present December 2018, but I did not give up, I am still convinced of the potential of crypto assets and bitcoin in the price market to recover, maybe I am too selfish about my predictions, but if for the long term it seems reasonable. I see a similar wave since the first pumps and dumps (increases over xx% and decreases like 80% few times. exactly like this wave... yeah buddy, 2018 is a wave of crypto market which is enough to make me depressed because every month the price of bitcoin and altcoin falls sharply and only rises by a few percent., I also see my friends who lose due to HODL, Title: Re: How similar is the total market cap chart to a fractal evolving waves Post by: tdrinker on December 31, 2018, 03:02:28 PM A graph like this could be closely correlated with the price of almost everything that has gone from unknown and emerging all the way to well adopted. In the early stages supply and demand are so volatile due to a number of reasons, over time this becomes a lot more stable and we see the variation decrease.
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