Hey, I think you might be right. I did check this by taking the parameters from the very first post and applied them to the 25.-NOV-2913:
Screenshoot:
This way I get similar results as in the graph in
https://bitcointalk.org/index.php?topic=470453.msg26855063#msg26855063. It would be great if jl2012 could confirm this.
The question to ask imo is whether we should reallyhold on to the old BETI values (BETI values in the past, calculated with parameters of the past) in the graph, or whether the whole BETI graph should always be based on the newest parameters only. In my opition the BETI graph should only be based on the newest parameters, because the old regression curve was caculated using "less information" (=btc price action after the calculation in that point of time). Thus we need to recalculate the past everytime we get new a/b parameters, thus we need to completely recalculate the BETI graph overtime.
You have a point. However, we have to make decisions right now and not in retrospect. Furthermore, in this case, the new BETI ATH would be 3! This poses a question, if we should adjust our strategy accordingly, i.e. expect that BETI could reach 3 in the next rally. I'm actually not sure what's best and I look forward to your and other people's opinions.