A question to anyone who still doubts Bitcoin:

[TERA]

idiots...

[NationOwnedCCNow]

Great!

Now we can compare a Manipulated Point of View Versus a Non-manipulated

That will make us much wiser, thank you my good sir.


Why not zoom in on the last 7 days and we can make a logic-based prediciton from that? Whoever says it will rise defies both gravity and Logic.

[ampere9765]

Great!

Now we can compare a Manipulated Point of View Versus a Non-manipulated

How do you define who is manipulated and who is not?

[g4c]

Great!

Now we can compare a Manipulated Point of View Versus a Non-manipulated

How do you define who is manipulated and who is not?

I'm guessing he is implying that a logarithmic scale is a manipulation of the data. Possibly this is due to him not understanding what a log scale is and how it should always be used when analyzing functions that contain logarithmic components (as Bitcoin does).

The truth of the matter is that the chart with the smallest time scale has been manipulated more, it having been cropped the most aggressively in the time axis.

[g4c]

Even as a permabull I find this post stupid, because you're saying that exponential growth can continue forever.

when considering the price of Bitcoin in $USD:

Yes there is a scenario where "exponential growth can continue forever", for this we must define "forever" as being the whole span of the function in question which is reasonable considering the length of forever.

If the dollar enters an accelerating inflation rate leading to hyper-inflation and then destruction...

Then the function $/BTC might completeley follow a log trend that would come to an end when the dollar did.

I'm not stating that this is a certainty, just a possibility.

EDIT: If the dollars inflation rate remains "stable" and Bitcoin adoption continues its growth then the log chart of $/BTC will probably start to curve, the rise getting less steep as it approaches an aymptote of market balance/saturation. The linear chart being similar to a sigmoidal function:

[cbeast]

Pick which technologies Bitcoin most closely resembles.

[fonzie]

I´ll have to buy some Interwebs, quick, leverage long, that chart looks bullish!

[Bit_Happy]

...
Pick which technologies Bitcoin most closely resembles.

Too early to tell for certain.
Bitcoin might take a long time to go mainstream, if ever.
On average, "everything" spreads fast these days, so there is a case to be optimistic.

[g4c]

I´ll have to buy some Interwebs, quick, leverage long, that chart looks bullish!

Wow, it certainly does!

[Dr. LY]

Even as a permabull I find this post stupid, because you're saying that exponential growth can continue forever.

I don't think anyone makes that claim.  Merely that it can continue for quite a while longer.  

If we agree that it cannot continue forever (even though the previous patterns may imply that it will), then we agree that there are factors to consider other than only past patterns, and we also then agree that it is not as simple as seeing the pattern in his little puzzle.

Therefore, post=stupid

[iluvpie60]

The trouble with Bitcoin is that it's growing at a logarithmic rate.

This makes it hard to "see" the trend.

Log scale helps alot:

I realized why I don't like this "chart" it is very misleading. Y axis is labeled in such a way to make it look like that. If labeled properly it doesn't look a thing like that.

"Statistics don't lie, but liars use statistics" Comes to mind.

Douche.

[adamstgBit]

The trouble with Bitcoin is that it's growing at a logarithmic rate.

This makes it hard to "see" the trend.

Log scale helps alot:

I realized why I don't like this "chart" it is very misleading. Y axis is labeled in such a way to make it look like that. If labeled properly it doesn't look a thing like that.

"Statistics don't lie, but liars use statistics" Comes to mind.

Douche.

its called a log scale

[iluvpie60]

The trouble with Bitcoin is that it's growing at a logarithmic rate.

This makes it hard to "see" the trend.

Log scale helps alot:

I realized why I don't like this "chart" it is very misleading. Y axis is labeled in such a way to make it look like that. If labeled properly it doesn't look a thing like that.

"Statistics don't lie, but liars use statistics" Comes to mind.

Douche.

its called a log scale

makes the each rise looks the same % wize.

And it's inaccurate for this. You can't just apply something and say it is this when it isn't.

[Dr. LY]

idiots...

And this post is almost equally as bad, which is sad because I usually respect the posts coming from TERA

But why do you simply post ONE indicator and say "idiots..." without any explanation


What if I did this


TERA IS IDIOT

Am I good at this now?

God this forum is an awful place during stable periods.

[iluvpie60]

idiots...

And this post is almost equally as bad, which is sad because I usually respect the posts coming from TERA

But why do you simply post ONE indicator and say "idiots..." without any explanation


What if I did this


TERA IS IDIOT

Am I good at this now?

God this forum is an awful place during stable periods.

Usually a period is a month buddy. Stable months? lol ok.

[g4c]

The trouble with Bitcoin is that it's growing at a logarithmic rate.

This makes it hard to "see" the trend.

Log scale helps alot:

I realized why I don't like this "chart" it is very misleading. Y axis is labeled in such a way to make it look like that. If labeled properly it doesn't look a thing like that.

"Statistics don't lie, but liars use statistics" Comes to mind.

Douche.

I realize why you don't like this chart too:

Because you're not familiar with a logarithmic scale.

And for the record: I have never been used to cleanse vaginas of unwanted sperm. I was offered the job once, the pay was reasonable  but when I turned up it was your momma, legs akimbo, I just couldn't face the massive amount of work it entailed.

[Dr. LY]

Apply directly to burn

[Bit_Happy]

Sure, "China made the bubble" does have a valid point. I'm not debating or questioning that. I don't care. I care about Logic patterns.


Can someone solve this for me?? Please, I don't understand..




.....

How is the puzzle related to BTC?
Was the correct answer 9, or the "other pattern'?

[ninjarobot]

How is the puzzle related to BTC?
Was the correct answer 9, or the "other pattern'?

In both cases it will be 9.

Case 1
1+2=3
2+4=6
3+6=9

Case 2
1
2>4>2
3>6>9>6>3

[Twilight_Sparkle]

If you notice, if you mirror the boxes across the green "line" the numbers are all the same. Meaning that 1 is a possible answer as well.

soooo....

Case 1 = 9
1+2=3
2+4=6
3+6=9

Case 2 = 3
1
2>4>2
3>6>3>6>3

Case 3 = 1

2<>2
3<>3
4
6<>6
1<>1

So that means that only 4/7 are unaccounted for. Can anyone come up with reasons for why those numbers would be valid as well?