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Author Topic: Bitcoin vs Dow Jones Index  (Read 1983 times)
TraderTimm (OP)
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June 25, 2011, 01:33:19 PM
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Someone call Dow Jones, I think they've got a 'bubble' on their hands. I like comparing charts, as the different characteristics tend to be scale-invariant over different timeframes, and indicate interesting correlations. For your consideration:



Interesting similarities, eh? I particularly like the small 'bump' and how it lines up really well before the subsequent fall-off. The fractal nature of charts never ceases to amaze me.

fortitudinem multis - catenum regit omnia
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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kiba
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June 25, 2011, 01:39:27 PM
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You say bitcoin bubble, you get bitcoin bubble comic!

TraderTimm (OP)
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June 25, 2011, 01:42:45 PM
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You say bitcoin bubble, you get bitcoin bubble comic!

Actually it was a jab at the Dow Jones, but I like your comic anyway Smiley


fortitudinem multis - catenum regit omnia
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