Bitcoin Forum

Economy => Economics => Topic started by: morningtime on November 17, 2013, 06:34:30 AM



Title: LPPL Market Watch: The Bubble Index: Bitcoin
Post by: morningtime on November 17, 2013, 06:34:30 AM
I asked the science guys behind The Bubble Index (http://www.thebubbleindex.com) if they could apply their analysis to Bitcoin. This is based on science to predict market crashes. See this TED video (http://www.ted.com/talks/didier_sornette_how_we_can_predict_the_next_financial_crisis.html).

Luckily they were kind enough to do the analysis:

Quote
In this post I will respond to a request to publish an analysis on the Bitcoin/USD index (Mt. Gox). Based on these graphs, there is quantitative evidence to suggest that the recent increase in the Bitcoin/USD has been the start of a bubble. While The Bubble Index: Bitcoin has not reached its highest levels seen earlier this year, investors in the currency should be cautious.
Source: http://lpplmarketwatch.blogspot.com/2013/11/the-bubble-index-bitcoin-november-16.html

http://4.bp.blogspot.com/-xDBHIX-qP3I/UogE42WdUxI/AAAAAAAAEs0/r3I6k9CSA9I/s1600/bitcoin.png
Source: http://lpplmarketwatch.blogspot.com/2013/11/the-bubble-index-bitcoin-november-16.html


Title: Re: LPPL Market Watch: The Bubble Index: Bitcoin
Post by: Grinny on November 17, 2013, 10:35:04 AM
I watched this fascinating video a while ago and also had in mind to ask them about bitcoin! however, at that time there was no sign of a bubble, so it slipped my mind..
This is real bitcoin-market-porn and I'm glad that you contacted them.
:)