Starting now, what could be the all time low ?

gmiwenht

member

Activity: 115

Merit: 10

Quote from: notme on March 04, 2013, 05:36:14 PM

Quote from: ineededausername on March 04, 2013, 11:53:07 AM

Quote from: cloon on March 04, 2013, 11:32:52 AM

here you have a quite accurate bottom line:
as you see its not linear in log scale, what means it's not exponential, so the line flattens more and more. now it is around 18$
next major correction will likely touch this line again.

you're kidding, I hope? a trendline that flattens...

If it's a log on a log chart it's a line on a linear chart.

You got it the other way around.

If it's a slope on a log scale, it is linear on a log log scale.

cloon

sr. member

Activity: 387

Merit: 250

Quote from: notme on March 04, 2013, 05:36:14 PM

Quote from: ineededausername on March 04, 2013, 11:53:07 AM

Quote from: cloon on March 04, 2013, 11:32:52 AM

here you have a quite accurate bottom line:
as you see its not linear in log scale, what means it's not exponential, so the line flattens more and more. now it is around 18$
next major correction will likely touch this line again.

you're kidding, I hope? a trendline that flattens...

If it's a log on a log chart it's a line on a linear chart.

wow!!! we have a math genious here!

this blue is so fu**ing linear on linear scale...

Quote from: ineededausername on March 04, 2013, 11:53:07 AM

you're kidding, I hope? a trendline that flattens...

well it'll never have a slope of zero (wether in log nor lin scale Tongue

)... I dont get your point

notme

legendary

Activity: 1904

Merit: 1002

Quote from: ineededausername on March 04, 2013, 11:53:07 AM

Quote from: cloon on March 04, 2013, 11:32:52 AM

here you have a quite accurate bottom line:
as you see its not linear in log scale, what means it's not exponential, so the line flattens more and more. now it is around 18$
next major correction will likely touch this line again.

you're kidding, I hope? a trendline that flattens...

If it's a log on a log chart it's a line on a linear chart.

Odalv

legendary

Activity: 1414

Merit: 1000

All time low was 0.00000000, and same will be again, but no one know when. Maybe next year or after 100 years, maybe after 10,000 years. What do you think ?

ploum

sr. member

Activity: 428

Merit: 254

Very informative graphics.

Indeed, we should expect a correction to 20-25 in the coming weeks/months and going below 17-18 would probably hurt the confidence in bitcoin

Technomage

legendary

Activity: 2184

Merit: 1056

Affordable Physical Bitcoins - Denarium.com

I like the 90d average price as a good indicator of where we're really at, on a more conservative basis.

http://blockchain.info/charts/market-price?showDataPoints=false×pan=all&show_header=true&daysAverageString=90&scale=0&address=

Based on that we could go as low as $19 if there was a big correction. Anything lower than that would imply something more than just a correction, a catastrophy of some sort.

I'd like to add that on the all time 90d linear price scale the price seems to be increasing exponentially.

ineededausername

hero member

Activity: 784

Merit: 1000

bitcoin hundred-aire

Quote from: cloon on March 04, 2013, 11:32:52 AM

here you have a quite accurate bottom line:
as you see its not linear in log scale, what means it's not exponential, so the line flattens more and more. now it is around 18$
next major correction will likely touch this line again.

you're kidding, I hope? a trendline that flattens...

cloon

sr. member

Activity: 387

Merit: 250

here you have a quite accurate bottom line:
as you see its not linear in log scale, what means it's not exponential, so the line flattens more and more. now it is around 18$
next major correction will likely touch this line again.

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

theoretical low - 0, if blockchain operation is disrupted beyond repair by some yet unknown method or force. practical low - about 20$ now. it raises with time.

ploum

sr. member

Activity: 428

Merit: 254

I know it doesn't make sense to speak about a all-time low as it is basically 0 if we take bitcoins since the start.

But seeing bitcoin raising since a few weeks, I'm wondering: could it be raising without ever falling again? Do you believe that we have now passed the 1$/10$/20$/30$ forever? What do you think will be an all-time low starting today?

(Of course, I'm asking for predictions in the case where there's no major security problem found in bitcoin which seems, to me, the only way to really take bitcoin down)

Topic: Starting now, what could be the all time low ? (Read 1214 times)