Logarithmic expression MAY-JULY | Bitcointalksearch.org

RockHound

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Quote from: YipYip on May 26, 2014, 03:18:06 PM

Quote from: RockHound on May 26, 2014, 02:38:08 PM

Quote from: piramida on May 26, 2014, 08:08:23 AM

Here's the exponential trend which has held for bitcoin prices: rising by x4 every year from 2010 to 2013, rising by x10 every year from Jan 1, 2013 to now:

https://bitcointalksearch.org/topic/exponential-trend-back-to-x4-annualy-622002

Cheers for your Log Chart Piramida - do you think projections need adjustment considering the Willy report?

Willy report tldr;

But let me guess a BOT @ Gox manipulated the whole Bitcoin Underverse and everything else is just a mirage ??

Yeah the writer put some time and effort into it, it's fairly lengthy but worth a read. The bots were just employed to systematically inflate price $1000+ is all. Bitcoins were certainly laundered out of Gox, but it's not clear whether the funds used to acquire them existed.
Think Bitcoiner community are interested past couple days as it's seen as fraudulent manipulation.

YipYip

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Quote from: RockHound on May 26, 2014, 02:38:08 PM

Quote from: piramida on May 26, 2014, 08:08:23 AM

Here's the exponential trend which has held for bitcoin prices: rising by x4 every year from 2010 to 2013, rising by x10 every year from Jan 1, 2013 to now:

https://bitcointalksearch.org/topic/exponential-trend-back-to-x4-annualy-622002

Cheers for your Log Chart Piramida - do you think projections need adjustment considering the Willy report?

Willy report tldr;

But let me guess a BOT @ Gox manipulated the whole Bitcoin Underverse and everything else is just a mirage ??

RockHound

full member

Activity: 224

Merit: 100

Quote from: piramida on May 26, 2014, 08:08:23 AM

Here's the exponential trend which has held for bitcoin prices: rising by x4 every year from 2010 to 2013, rising by x10 every year from Jan 1, 2013 to now:

https://bitcointalksearch.org/topic/exponential-trend-back-to-x4-annualy-622002

Cheers for your Log Chart Piramida - do you think projections need adjustment considering the Willy report?

piramida

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Borsche

Here's the exponential trend which has held for bitcoin prices: rising by x4 every year from 2010 to 2013, rising by x10 every year from Jan 1, 2013 to now:

https://bitcointalksearch.org/topic/exponential-trend-back-to-x4-annualy-622002

YipYip

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Quote from: RockHound on May 25, 2014, 03:38:06 PM

Forgetting the News , Buying/Selling , Exchange Volumes , Active Manipulation .....

... is a natural logarithmic growth a mathematical certainty?

(Click 1 day Time interval and scroll back in time on: https://bitcoinwisdom.com/markets/bitstamp/btcusd )

Jan 11th, 2012

Aug 17th, 2012

Apr 10th, 2013

Nov 30th, 2013

May-July, 20th, 2014

This seems illogical right? Or are there favorable mathematical conditions owing to the Bitcoin protocol (block halving, hash rates, network rates, etc) every ~6-7 months?

Human nature repeats itself...

Also bitcoin is going through its growth phases and part of this cycle are these repeating cycles of bubbling to use a word ..

When bitcoin finds its place at a certain acceptance lvl within society then we can start talking and looking at it as a standard commodity ..

We still have a long way to go as we are still in expotential growth patterns as bitcoin starts to layer within our society .. I think we are on bubbling cycle number 3 of 5 or 6 until it starts to settle

So just as the tides go in and out bitcoins long term upward trend can have repeatability

When humans GREED & FEAR responses change deep in the primitive part of the brain (AMIGDALYA) let me know as thios will cause a change in the markets behavioural patterns until then REPEAT Cheesy

RockHound

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Price correlation to hash/s? Would like it to be, but surely not true.

RockHound

full member

Activity: 224

Merit: 100

Forgetting the News , Buying/Selling , Exchange Volumes , Active Manipulation .....

... is a natural logarithmic growth a mathematical certainty?

(Click 1 day Time interval and scroll back in time on: https://bitcoinwisdom.com/markets/bitstamp/btcusd )

Jan 11th, 2012

Aug 17th, 2012

Apr 10th, 2013

Nov 30th, 2013

May-July, 20th, 2014

This seems illogical right? Or are there favorable mathematical conditions owing to the Bitcoin protocol (block halving, hash rates, network rates, etc) every ~6-7 months?

Topic: Logarithmic expression MAY-JULY (Read 1409 times)