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Author Topic: Logarithmic (non-linear) regression - Bitcoin estimated value  (Read 117045 times)
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hotpassion
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July 30, 2021, 01:53:51 PM
Merited by vapourminer (2), JayJuanGee (2)
 #261


Do you (or anyone else) have a link to which ever rainbow chart (or the infamous one) you are referring to, and perhaps I (and others / and the students of the class) might be able to follow along with the visuals a wee bit moar better.

You can check the status of the Rain Bow Price chart here:

https://www.blockchaincenter.net/bitcoin-rainbow-chart/

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P_e_a_s_h_o_o_t_e_r
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December 30, 2021, 10:11:47 AM
Last edit: December 30, 2021, 11:49:38 AM by P_e_a_s_h_o_o_t_e_r
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 #262

I've made an updated version of the chart:
https://i.imgur.com/VM7eUl0.png

You can also get the price of the trendline for today here:https://www.wolframalpha.com/input/?i=10%5E%282.5977735677++*+ln%28%28number+of+days+since+2009+Jan+09%29%2Fdays%29+-17.4671700692%29
placidhead
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March 11, 2022, 06:29:40 PM
 #263

Hey I was wondering if you could update the bitcoin regression equation? It looks like you said in 2021 it's updated regularly but I'm seeing that the last update was in 2017.
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March 13, 2022, 01:01:39 AM
 #264

Hey I was wondering if you could update the bitcoin regression equation? It looks like you said in 2021 it's updated regularly but I'm seeing that the last update was in 2017.

If you click on the link within hotpassion's post - two post above yours, then you will see that the update of the graph goes all the way to today's date.

Of course, we have to deal with ESG, KYC & AML, but each of them are attack vectors on Bitcoin to be avoided or minimized.

Put BTC here: 35EVP8EePt8dyvKHaB7bXaRmKLm22YgRCA

How much alt coin diversification is necessary? if you are investing in Bitcoin, then perhaps 0%?
placidhead
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March 13, 2022, 06:01:18 PM
 #265

Quote
If you click on the link within hotpassion's post - two post above yours, then you will see that the update of the graph goes all the way to today's date.

This only goes back to 2012 and only forwards until 2025. I feel like Trolololo's graph was more accurate since it went farther back. I'd also like to forecast what bitcoin's value (the yellow line) might be in the long term.
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May 09, 2022, 12:02:12 PM
Last edit: Today at 11:05:42 AM by yurets_z
 #266

Hey I was wondering if you could update the bitcoin regression equation? It looks like you said in 2021 it's updated regularly but I'm seeing that the last update was in 2017.

If you click on the link within hotpassion's post - two post above yours, then you will see that the update of the graph goes all the way to today's date.

The graph is updated (current BTC price), but not the model from logarithmic regression.

Currently, it looks smth like this

https://i.ibb.co/q9MmZx3/BTC-Plan-17.png


P.S. I dunno how do you guys paste pictures here so they are displayed

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May 22, 2022, 07:07:33 PM
 #267

Bump! MoonMath.win is down. People should buy him some pizzas.
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May 24, 2022, 02:14:41 PM
 #268

Now it's OK. But maybe it's time to slightly update the model behind it.

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June 18, 2022, 09:54:50 AM
 #269

Bump again! MoonMath.win is down! All we got is this: https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
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