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Author Topic: Shouldn't we use natural logarithmic y-axis scale?  (Read 75 times)
noize_1234 (OP)
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April 18, 2018, 02:45:38 PM
 #1

I think we should also use the data of the 2011 bubble. And what i am wondering is why are we showing the y-axis in base10 Logarithms, while we are studying the natural adoption of bitcoin. In that case, shouldn't we use the natural logarithm? (e^x)?
In excel, (sorry did't get tradingview to do it for me) i managed to show a logarithmic y-axis with the base of 2.7 (couldn't get closer to 2.71828....) And when drawing lines on there it looks like we are just getting started :-) My subwaves are probably a bit small...
https://i.snag.gy/qxNStH.jpg
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noize_1234 (OP)
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April 18, 2018, 02:55:01 PM
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For some reason my picture won't preview, sorry about that.
ahmadakbari
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April 18, 2018, 03:07:12 PM
 #3

You don't need Excel. There is an option in coinmarketcap which you can click on and see the charts at Logarithmic scale.
And I agree with you about the log Scale. Because what is always important is not the price change. What is important is the ratio of change and its percentage. So charts in Log scale work better and can be more helpful.
noize_1234 (OP)
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April 18, 2018, 03:38:37 PM
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On coinmarketcap you can use logarithmic with a base of 10.

The idea is to use a natural logarithmic y axis, base of e (2.718...)
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April 18, 2018, 05:53:27 PM
 #5

On coinmarketcap you can use logarithmic with a base of 10.

The idea is to use a natural logarithmic y axis, base of e (2.718...)
While that is more ideal I bet the fact that people don't use log scales at all is crazy. Thanks for shedding light on this. I only realized this halfway through my crypto journey about log graphs, if only I had known before...

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