A brief history of exponential trends

[OnkelPaul]

I have a hunch that the current exponential trend-line will be broken next year.

Please excuse my ignorance if it is clear, but in which way and why?

EM has permabear status, didn't you know that? 

Onkel Paul

[piramida]

actually piramida, you given me a good idea for a game. let's think of all the possible scenarios that might cause double digits were it to happen. you came up with the first.

1. protocol compromise.
2. mt gox closes down after btc "robbery"

And the number 2 wins! (with a little help from #1)

[segeln]

I don't put much stock in chart extrapolation, but I'm curious: Isn't it odd to draw a trendline that the price is constantly above?

I think people are trying to establish a baseline price, that it will never go below.

red is baseline since 2011
blue is accelerated trendline since 2013

so nothing serious happened

[segeln]

only Gox is "done"

[piramida]

only Gox is "done"

Many other exchanges which don't exist anymore have an even lower price, so this does not mean anything. If you can't withdraw either fiat or btc or both, such a price should be ignored, as that's not an *exchange* in a standard definition of the term.

PS I really think your blue line would hold.

[segeln]

update:
Basic trend since 2011 still intact
Rally Acceleration since 2013  now broken


 

[Blazin604]

we are very bullish

[sgbett]

this chart shows two interesting things!

1. I was totally wrong (overly bearish! whodathunkit) which will come as no surprise
2. TERA looked pretty much bang on with that red line...

[Blazin604]

So based on the chart I see us breaking through 400 within 48hrs