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1  Economy / Speculation / Re: Logarithmic (non-linear) regression - Bitcoin estimated value on: February 14, 2018, 05:26:28 PM
It does to me as well, except when you ignore the price and look at the behavior around the logarithm fit. 

When I first heard about it, it was $12.  (friend buying on silk road)

Then I registered to buy on MtGox one day before it got hacked (funds had not been deposited yet) at $150

I started buying when it passed the price of gold ~ 1200 -- when I realized that was 100x what I first heard about it at, I knew normal price thinking doesn't apply....

Oh, and the Tulip mania lasted about a year
2  Economy / Speculation / Re: Logarithmic (non-linear) regression - Bitcoin estimated value on: February 14, 2018, 04:11:21 PM
I have updated the work previously performed by Trolololo back a few years ago.

Interestingly, the forecast almost falls in line with what McAfee has said.


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