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Author Topic: Log Chartists  (Read 2076 times)
dree12
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October 17, 2011, 10:43:12 PM
 #21

I can probably construct a log trendline with an uptrend as long as it is up at all if I use another number base  Grin

But yeah the traditional log10 chart line which we were so proud of is now practically broken... I admit that.
There isn't a mathematical difference between bases, unless you use a complex one (in which negative values could be in theory selected, preserving an uptrend by flipping the graph). To understand this better, realize that bmn = (bm)n.
So the conclusion to this nonsense is: Bitcoin doesn't die unless it dies, you have your answer now stop trolling (please)
The article you linked actually clearly argues the same thing as I. The section which emphasis my point is in the article you mentioned
http://en.wikipedia.org/wiki/Logarithmic_scale#Motivation

Here is the quote in question:
Quote
Due to the identity:
logb a = logc a / logc b
the logarithms of any given number a to two different bases (here b and c) differ only by the constant factor logc b.
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ElectricMucus
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October 18, 2011, 12:46:20 AM
 #22

Ooops  Embarrassed

You're right, amazing.

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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