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Author Topic: [GRAPH] This is not a bubble  (Read 2304 times)
phelix
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February 13, 2013, 09:51:13 PM
 #21



"The fit curve is an exponential percentual to the chart least squares fit - in other words: I played around until it looked good."

As fiat money is inflating exponentially I guess bitcoin value measured in fiat money should increase exponentially, too. Also stock prices have increased exponentially over a long time.

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thefiniteidea
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February 13, 2013, 09:59:43 PM
 #22

this also means that it is not linear in logarythmic scale, why i dont believe in thefiniteidea's chart.

Compared to your's, I don't either Cheesy
It'll work in the short term, that's about it.

Polynomial expansion is way more accurate, especially when you line it up properly- why I threw ya a +1
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