Bitcoin's largest crash in history: Tale of the tape & why a recovery is likely

[organofcorti]

you are skilled at continually avoiding every point brought against you

you play the fool at the highest of levels

everyones got something going for them

You still haven't explained why you acted such an arseclown when all I did was try to explain to you what I thought you misunderstood.

A simple " I didn't mean that" would have sufficed but instead I get sarcasm about a "6th grade math lesson". Since then I've just been trying to relate to you in a manner with which you seem comfortable.

[johnblaze]

i spelled it out in 3 simple steps for you in post #17

[dree12]

I thought it would be obvious why I used a log scale, but here we go again...

Imagine the price is $100. Let's say it moves up to $200. How much has the price increased? $100?

Now let's say the price is at $100 again. This time it moves down to $0. How much has the price decreased? $100?

Okay, that means that going to $200 is the inverse of going to $0. If bulls believe Bitcoin will go to $200, the bears must believe it will go to $0. Right?

If something doesn't seem right, that's because a linear scale for a price chart is preposterous.