Author

Topic: If the rise continues... (Read 1471 times)

legendary
Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
April 06, 2013, 12:50:42 PM
#8
Hey. Here's a tip.

If you're going to extrapolate an exponential curve, save yourself some trouble and use a logarithmic graph.

For example!


Edit: Let's say you're willing to throw caution to the winds and assume that the first meteoric rise in USD per BTC is representative of such rises in general (I think this is a foolish assumption at best, but whatever, let's roll with it). In that case, we can overlay the graphs, and...



...call the top at somewhere between 250 and 400.
legendary
Activity: 2097
Merit: 1070
April 06, 2013, 12:42:50 PM
#7
Next week everyone will simply move their asks up to 220. One guy will accidentally buy a coin.

This is more like it.
hero member
Activity: 532
Merit: 500
April 06, 2013, 12:39:30 PM
#6
I find that with each impending high there are quite a few individuals with quite a bit of BTC selling.The higher the price the more volatile BTC becomes.
legendary
Activity: 896
Merit: 1001
April 06, 2013, 11:08:16 AM
#5
Steep rise without any volume. Seems like MtGox will finally solve its quotation problems. Quite impressive. Cheesy

I know yeah? lol

Price rise on ZERO volume. bwahahahahahaha  Grin
Next week everyone will simply move their asks up to 220. One guy will accidentally buy a coin.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
April 06, 2013, 11:01:53 AM
#4
Steep rise without any volume. Seems like MtGox will finally solve its quotation problems. Quite impressive. Cheesy

I know yeah? lol

Price rise on ZERO volume. bwahahahahahaha  Grin
legendary
Activity: 1153
Merit: 1012
April 06, 2013, 07:10:51 AM
#3
Steep rise without any volume. Seems like MtGox will finally solve its quotation problems. Quite impressive. Cheesy
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
April 06, 2013, 07:04:57 AM
#2
looks about right.  Cool
hero member
Activity: 700
Merit: 500
April 06, 2013, 07:02:05 AM
#1
The following week will look like this:



Of course it wouldn't actually break out of the chart, this is just me not being bothered to change the whole thing.

So what do you think?
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