Bitcoin Forum
May 08, 2024, 11:32:32 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Bitcoin vs Dow Jones Index  (Read 1983 times)
TraderTimm (OP)
Legendary
*
Offline Offline

Activity: 2408
Merit: 1121



View Profile
June 25, 2011, 01:33:19 PM
 #1

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
1715167952
Hero Member
*
Offline Offline

Posts: 1715167952

View Profile Personal Message (Offline)

Ignore
1715167952
Reply with quote  #2

1715167952
Report to moderator
1715167952
Hero Member
*
Offline Offline

Posts: 1715167952

View Profile Personal Message (Offline)

Ignore
1715167952
Reply with quote  #2

1715167952
Report to moderator
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.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715167952
Hero Member
*
Offline Offline

Posts: 1715167952

View Profile Personal Message (Offline)

Ignore
1715167952
Reply with quote  #2

1715167952
Report to moderator
kiba
Legendary
*
Offline Offline

Activity: 980
Merit: 1014


View Profile
June 25, 2011, 01:39:27 PM
 #2

You say bitcoin bubble, you get bitcoin bubble comic!

TraderTimm (OP)
Legendary
*
Offline Offline

Activity: 2408
Merit: 1121



View Profile
June 25, 2011, 01:42:45 PM
 #3

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
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!