I suspect the main trend I've been looking at is now only of historical interest and we've departed from any meaningful reference to it.
Personally I will use it as a measure of how bubble-like the market becomes if we ever see something similar develop again.
Ie. 1.86% growth day-on-day HELD for around 9 weeks. Who knows, it may be months, years before we see it again but as long as Bitcoin is alive, be ready for it I reckon.
it looks great. almost every day i bump into people that want to learn more about bitcoin. friends, customers, relatives... i tell them that bitcoin has three different fields they need to keep seperate:
1) mining
2) money transfer usability
3) speculation
they almost all have only heard about speculation. bubble, crash, etc... i tell them, that regardless of it´s usefullness and potential as a disruptive technology there also must be a way of getting the coins distributed to the people. mining them, earning them or purchasing them. and since they can be purchased and should be convertible, there is a market of supply and demand. if you have that, then you have speculation automatically. it´s a biproduct of it´s design, but it was not made only for speculation. but that is what people hear and think.
when i then start showing them clarkmoody candle wonderland (which is nice) they get confused.
with your chart it looks more clear. so i will use it. good work.
