Ok guys, let's have a good discussion.
Most people view bitcoin charts with arithmetic (linear)
scales. However, there is strong critique from some people that arithmetic charts should not be used; some people claim that
arithmetic scales improperly exaggerate signals at the top end of the axis and *hide valuable information* at the lower end of the function axis.
They claim, log(aritmic) scales should be used.
For instance have a look at BTC with arithmetic scale:
https://blockchain.info/nl/charts/market-price?timespan=2yearsWe see a clear bull run end of 2017, followed by a bearish downfall.
And here with log scale:
https://blockchain.info/nl/charts/market-price?timespan=2years&scale=1However by using the log scale, it looks like btc is following a pretty consistent trend.
What are your thoughts? Is the traditional arithmetic/linear way to view btc prices useless and should we all adopt log scales? Or does using the arithmetic scale have its use?