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Author Topic: 2013 vs 2016 Chart Week on Week Percentage Change  (Read 310 times)
jpb77 (OP)
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January 04, 2017, 02:28:18 PM
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I see a lot of discussion about people worrying that this is another 2013 bubble. I think this excel with week on week Coinbase closing price percentage changes shows how much less of a volatile ride we are in this time.  Of course that is not guarantee and could change but still an interesting graph in my opinion.

https://drive.google.com/file/d/0Bz0DifhjJjyqekV5QlRWdURHMXM/view?usp=sharing

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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January 04, 2017, 03:40:05 PM
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The comparison people are drawing is between 2013 and the current year not the previous one.
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