Mt. Gox USD 365-day change is now positive... when will it become negative?

[dree12]

I'm not sure I agree with your Y-axis.  It's labeled as % change, but doesn't really represent that.  I would think what you have labeled as 100% should be 0% change, with positive and negative numbers instead of > 100 and < 100.  At the very least, the label should be changed to accurately describe what you are representing.

Negative numbers pose a problem because they can carry ambuigity, and don't reflect symmetry very well. I changed the label to "% of 2011" for the bubble watch chart. I think I'm going to scrap the mean too, because it isn't a long-range indicator anymore. Here's yesterday's chart:

Chart by Dree12, Mt. Gox USD Open data from Bitcoin Charts
Left y-axis (100%): no change from 365 days ago; Right y-axis: price in USD
Black line: 2012, Grey line: 2011
Desaturated yellow: beginning of a month
Green/Red: increase/decrease
Bright green/red: record increase/decrease

[1715443807]

1715443807

[dree12]

Chart by Dree12, Mt. Gox USD Open data from Bitcoin Charts
Left y-axis (100%): no change from 365 days ago; Right y-axis: price in USD
Black line: 2012, Grey line: 2011
Desaturated yellow: beginning of a month
Green/Red: increase/decrease
Bright green/red: record increase/decrease

[dree12]

Skipped yesterday, so this is actually two days ahead of the last chart. Sorry about that.

Chart by Dree12, Mt. Gox USD Open data from Bitcoin Charts
Left y-axis (100%): no change from 365 days ago; Right y-axis: price in USD
Black line: 2012, Grey line: 2011
Desaturated yellow: beginning of a month
Green/Red: increase/decrease
Bright green/red: record increase/decrease

[dree12]

Updates for this chart will be intermittant from now on, and not daily, until I find a good PIL-compatible charting library.

Chart by Dree12, Mt. Gox USD Open data from Bitcoin Charts
Left y-axis (100%): no change from 365 days ago; Right y-axis: price in USD
Black line: 2012, Grey line: 2011
Desaturated yellow: beginning of a month
Green/Red: increase/decrease
Bright green/red: record increase/decrease

[notme]

Where are we now?

[dree12]

I've been wondering the same thing. Chart time:



(I apologize for the bad quality; these charts are screenshots and the Linux charting programs just can't compete with the Windows ones I used.)

[GeniuSxBoY]

worthless data is worthless.

[notme]

worthless data is worthless.

interesting data is interesting

It's not useful, I'll give you that.

[ineededausername]

this "indicator" is going to be VERY positive soon

[dree12]

Chart. We're back in the positives now, but for how long? Actually, probably for a while yet, considering how the 2011 trendline is flat down until December.

[FreeMoney]

For a year at least!