Topic: [GRAPH] This is not a bubble - page 2. (Read 2351 times)
it also is nicely approximated by a linear graph on log scale; can you calc average deviation for this and linear graphs? Maybe starting at July 2010, since there was no real exchange before then.
Bitcoin growth has always been on a logarithmic scale. 2011 was a bubble. This is not.
I got the graph above taking as many price points as I could find back towards the genesis block. The power function was suggested by Excel, and is "= 4.41877086088824E-17*(X^5.59806919936792)" where X is days since the Genesis Block.
Past performance does not guarantee anything, of course, but I think the current price is just about right.
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