ploum (OP)
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March 04, 2013, 03:39:34 PM |
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I know it doesn't make sense to speak about a all-time low as it is basically 0 if we take bitcoins since the start.
But seeing bitcoin raising since a few weeks, I'm wondering: could it be raising without ever falling again? Do you believe that we have now passed the 1$/10$/20$/30$ forever? What do you think will be an all-time low starting today?
(Of course, I'm asking for predictions in the case where there's no major security problem found in bitcoin which seems, to me, the only way to really take bitcoin down)
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piramida
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Borsche
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March 04, 2013, 03:52:40 PM |
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theoretical low - 0, if blockchain operation is disrupted beyond repair by some yet unknown method or force. practical low - about 20$ now. it raises with time.
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i am satoshi
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cloon
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March 04, 2013, 04:32:52 PM |
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here you have a quite accurate bottom line: as you see its not linear in log scale, what means it's not exponential, so the line flattens more and more. now it is around 18$ next major correction will likely touch this line again. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs23.postimage.org%2Fkcv5tdxe3%2Fbitcoinbild.jpg&t=665&c=d1VOxwsYFA-Igg)
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ineededausername
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March 04, 2013, 04:53:07 PM |
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here you have a quite accurate bottom line: as you see its not linear in log scale, what means it's not exponential, so the line flattens more and more. now it is around 18$ next major correction will likely touch this line again. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs23.postimage.org%2Fkcv5tdxe3%2Fbitcoinbild.jpg&t=665&c=d1VOxwsYFA-Igg) you're kidding, I hope? a trendline that flattens...
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(BFL)^2 < 0
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Technomage
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Affordable Physical Bitcoins - Denarium.com
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March 04, 2013, 04:53:50 PM |
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I like the 90d average price as a good indicator of where we're really at, on a more conservative basis. http://blockchain.info/charts/market-price?showDataPoints=false×pan=all&show_header=true&daysAverageString=90&scale=0&address=Based on that we could go as low as $19 if there was a big correction. Anything lower than that would imply something more than just a correction, a catastrophy of some sort. I'd like to add that on the all time 90d linear price scale the price seems to be increasing exponentially.
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ploum (OP)
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March 04, 2013, 10:21:03 PM |
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Very informative graphics.
Indeed, we should expect a correction to 20-25 in the coming weeks/months and going below 17-18 would probably hurt the confidence in bitcoin
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Odalv
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March 04, 2013, 10:26:47 PM |
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All time low was 0.00000000, and same will be again, but no one know when. Maybe next year or after 100 years, maybe after 10,000 years. What do you think ?
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notme
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March 04, 2013, 10:36:14 PM |
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here you have a quite accurate bottom line: as you see its not linear in log scale, what means it's not exponential, so the line flattens more and more. now it is around 18$ next major correction will likely touch this line again. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs23.postimage.org%2Fkcv5tdxe3%2Fbitcoinbild.jpg&t=665&c=d1VOxwsYFA-Igg) you're kidding, I hope? a trendline that flattens... If it's a log on a log chart it's a line on a linear chart.
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cloon
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March 04, 2013, 10:44:10 PM |
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here you have a quite accurate bottom line: as you see its not linear in log scale, what means it's not exponential, so the line flattens more and more. now it is around 18$ next major correction will likely touch this line again. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs23.postimage.org%2Fkcv5tdxe3%2Fbitcoinbild.jpg&t=665&c=d1VOxwsYFA-Igg) you're kidding, I hope? a trendline that flattens... If it's a log on a log chart it's a line on a linear chart. wow!!! we have a math genious here! this blue is so fu**ing linear on linear scale... ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs8.postimage.org%2Fp46r7qrwl%2Fbitcoinbild.jpg&t=665&c=cxRl0zIeAJeVCQ) you're kidding, I hope? a trendline that flattens...
well it'll never have a slope of zero (wether in log nor lin scale ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) )... I dont get your point
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gmiwenht
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March 04, 2013, 11:07:00 PM Last edit: March 08, 2013, 10:23:11 PM by gmiwenht |
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here you have a quite accurate bottom line: as you see its not linear in log scale, what means it's not exponential, so the line flattens more and more. now it is around 18$ next major correction will likely touch this line again. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs23.postimage.org%2Fkcv5tdxe3%2Fbitcoinbild.jpg&t=665&c=d1VOxwsYFA-Igg) you're kidding, I hope? a trendline that flattens... If it's a log on a log chart it's a line on a linear chart. You got it the other way around. If it's a slope on a log scale, it is linear on a log log scale.
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1xsBEUVzo6EtAST5Bq96AztiTR5mBXNzt
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