Topic: Top 20 days for Bitcoin - page 138. (Read 108168 times)
Interesting, what assumptions would you say are being made with this model? E.g., Why should price be modeled as the log of the rank?
Going a bit more in-depth, we have the king effect clearly seen in Bitcoin prices:
The king effect means that when Bitcoin goes back up above $30, it will either continue to rise before a sizable collapse, or collapse immediately. For example, all of the following are plausible scenarios:
The king effect means that it is unlikely we will see both new highs and stability. One has to go.
The king effect means that when Bitcoin goes back up above $30, it will either continue to rise before a sizable collapse, or collapse immediately. For example, all of the following are plausible scenarios:
- Price remains below ~$25, with stability
- Price rises above ~$25, then quickly collapses below ~$25, with some stability
- Price rises above ~$25, then continues rising to around $40 before returning to the $25 to $30 level, with little stability
- Price rises above ~$25, then continues rising to far above $25 before collapsing but remaining above $25, with almost no stability
The king effect means that it is unlikely we will see both new highs and stability. One has to go.
1. 2011-06-09 W. Avg: 29.58
2. 2011-06-08 W. Avg: 27.25
3. 2011-06-10 W. Avg: 24.67
4. 2011-06-13 W. Avg: 20.11
5. 2011-06-07 W. Avg: 19.90
6. 2011-06-15 W. Avg: 19.68
7. 2011-06-14 W. Avg: 19.25
8. 2011-06-16 W. Avg: 18.86
9. 2011-06-06 W. Avg: 18.46
10. 2011-06-19 W. Avg: 17.77
11. 2011-06-11 W. Avg: 17.61
12. 2011-06-05 W. Avg: 17.32
13. 2013-01-22 W. Avg: 17.15
14. 2011-06-27 W. Avg: 17.01
15. 2011-06-28 W. Avg: 16.93
16. 2011-06-29 W. Avg: 16.88
17. 2011-06-30 W. Avg: 16.51
18. 2011-06-04 W. Avg: 16.41
19. 2013-01-21 W. Avg: 16.38
20. 2011-06-12 W. Avg: 16.21
(w. avgs rounded to 5 decimal places (mBTC) or 2 decimal places (BTC), Mt. Gox USD data before June 10, 2013; Bitstamp USD data after June 10, 2013)
Every one of the entries is in June 2011 except for the two previous days, which now rank 13th and 19th. I have a feeling that we'll break top ten soon.
2. 2011-06-08 W. Avg: 27.25
3. 2011-06-10 W. Avg: 24.67
4. 2011-06-13 W. Avg: 20.11
5. 2011-06-07 W. Avg: 19.90
6. 2011-06-15 W. Avg: 19.68
7. 2011-06-14 W. Avg: 19.25
8. 2011-06-16 W. Avg: 18.86
9. 2011-06-06 W. Avg: 18.46
10. 2011-06-19 W. Avg: 17.77
11. 2011-06-11 W. Avg: 17.61
12. 2011-06-05 W. Avg: 17.32
13. 2013-01-22 W. Avg: 17.15
14. 2011-06-27 W. Avg: 17.01
15. 2011-06-28 W. Avg: 16.93
16. 2011-06-29 W. Avg: 16.88
17. 2011-06-30 W. Avg: 16.51
18. 2011-06-04 W. Avg: 16.41
19. 2013-01-21 W. Avg: 16.38
20. 2011-06-12 W. Avg: 16.21
(w. avgs rounded to 5 decimal places (mBTC) or 2 decimal places (BTC), Mt. Gox USD data before June 10, 2013; Bitstamp USD data after June 10, 2013)
Every one of the entries is in June 2011 except for the two previous days, which now rank 13th and 19th. I have a feeling that we'll break top ten soon.
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