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Topic: Total Marketcap All Coins Logarithmic Regression - page 3. (Read 7405 times)

newbie
Activity: 56
Merit: 0
I went ahead and created an updated chart using photoshop, is not 100% accurate but by estimate.

The purple line would adjust upward if the regression was recomputed.

Where is Trololo? Can he recompute his Bitcoin price regression chart now?
sr. member
Activity: 327
Merit: 250
The Best Investment Deserves The Largest Exposure
I went ahead and created an updated chart using photoshop, is not 100% accurate but by estimate.

Also made a short video with commentary about it:
https://www.youtube.com/watch?v=nAT-c2bflTI





Not many are donating for this very valuable work Sad

Please donate to Trololo by scanning the QR code on the OP or this chart.

It will help greatly in getting more regular updates

Thanks so much!  Smiley
hero member
Activity: 672
Merit: 526
Op needs to be back. It would great see an updated version. Especially for 2018 because we already hit 100 bi and passed.
sr. member
Activity: 1400
Merit: 420


To know where do this comes from: https://bitcointalksearch.org/topic/logarithmic-non-linear-regression-bitcoin-estimated-value-831547

Calculate today's trendline value HERE

Please, consider donating to bitcoin:19sEscR9bfH2ttXb5WbcabYbRGjq2znwPi

PS: Special thanks to Marc De Mesel

This chart of yours is indeed accurate regarding what is happening in Bitcoin's price as of now and if many people will see this post will struck their minds that there are an individual who predicts the price from 2014 to what will be the price today. Your market capitalization of Bitcoin is quite in range for today's market capitalization and I am so grateful to it, I really hope that you update your prediction to this thread sooner as it is now a big thing for me.
sr. member
Activity: 327
Merit: 250
The Best Investment Deserves The Largest Exposure
Indeed, update would be awesome Trolololo!!!  Cool
newbie
Activity: 12
Merit: 1
An update on this would be much appreciated Smiley
sr. member
Activity: 475
Merit: 251
VTOS
I just compared this graph to bitcoin's. It basically shows bitcoin has lot more room to raise in price than other altcoins cause altcoins are gonna need correction. That correction will come by selling out to bitcoin. I suppose that's what we should understand. I am not so good at math btw.
sr. member
Activity: 447
Merit: 250


To know where do this comes from: https://bitcointalksearch.org/topic/logarithmic-non-linear-regression-bitcoin-estimated-value-831547

Calculate today's trendline value HERE

Please, consider donating to bitcoin:19sEscR9bfH2ttXb5WbcabYbRGjq2znwPi

PS: Special thanks to Marc De Mesel

Any update on this chart?
legendary
Activity: 1073
Merit: 1000
Then we still have more correction to go, according to your graph?

Who will bleed more?
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
Thanks for this great stuff.
legendary
Activity: 854
Merit: 1000
dayum I wish i could understand this more, but awesome!! 
Not only you are ignorant not understanding this but you are an especial ignorant posting and admitting about your own ignorance Cheesy
@OP, you are trying to contribute to this community but then you just ruined it by begging in form of donation Cheesy
Admitting ones ignorance is called humility not stupidity Wink
hero member
Activity: 686
Merit: 500
Great graph!
Anyone know how to import total marketcap historic data into excel. I know how to import per coin, but not total marketcap data.
Who knows, and who wants to share?
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
Looks at logarithmic regression, looks at 2011 sees 1337 I smiled.
Got to be E 133t
But if the log shows something we have years where we are under and over the log line and that the regression pattern really spreads out on a deviance from the pattern so far with the trend only intersected not including the years 2010 and 2011, in 2012 at 125 mill, 2014 almost into 2015 at 7-8 billion and now in 2017 around 80-85 billion so we could be in for some serious upside given the historical log in terms of all cryptocurrencies and their market cap before the next intersect.
legendary
Activity: 2842
Merit: 1511
when you use bitcoin price for analysis it is meaningful like that link
when you use bitcoin market cap then it is still meaningful but a little less
when you use altcoins' market cap you are decreasing the meaningfulness of your chart. and at some point it becomes useless.

market cap on its own should not even be used for analysis. and when you add coins like ether with 72+ million coins premined, ripple with billions coins locked away and all the smaller coins with billions and billions of coins that are contributing to the total market cap you are adding false data to your analysis.

The chart appears to be using cap by circulating supply rather than total supply. The billions in XRP therefore don't make any difference. As for pre-mining, the ability of this practice to inflate cap is limited to withholding supply from the free market at the expense of potential gains. This is easier when the sale is more secretive and restrictive, so that a single entity controls most coins, or several entities can collude.
sr. member
Activity: 447
Merit: 250
Worryingly, this reminds me of the dot com bubble of the late 1990s. If you check the market capitalization of some of the stocks (such as Cisco, Intel, Microsoft, and Dell) during that period, you can see a similar pattern.

Do you have any further details on this? It would be good to see a like for like comparison.

Thanks in advance.
legendary
Activity: 3472
Merit: 10611
when you use bitcoin price for analysis it is meaningful like that link
when you use bitcoin market cap then it is still meaningful but a little less
when you use altcoins' market cap you are decreasing the meaningfulness of your chart. and at some point it becomes useless.

market cap on its own should not even be used for analysis. and when you add coins like ether with 72+ million coins premined, ripple with billions coins locked away and all the smaller coins with billions and billions of coins that are contributing to the total market cap you are adding false data to your analysis.
legendary
Activity: 1582
Merit: 1064
Worryingly, this reminds me of the dot com bubble of the late 1990s. If you check the market capitalization of some of the stocks (such as Cisco, Intel, Microsoft, and Dell) during that period, you can see a similar pattern.

A lot of tech companies went bust after the dot com bubble and I am sure a number of alts will disappear too.
Like the tech leaders, only a few cryptocurrencies will survive once this bubble bursts.
sr. member
Activity: 1988
Merit: 453
Worryingly, this reminds me of the dot com bubble of the late 1990s. If you check the market capitalization of some of the stocks (such as Cisco, Intel, Microsoft, and Dell) during that period, you can see a similar pattern.
legendary
Activity: 1890
Merit: 1031
I am not sure, what do or must I see in the chart?  

legendary
Activity: 2968
Merit: 3684
Join the world-leading crypto sportsbook NOW!
Nice take @OP. I just did a quick search and found your little nugget from 2015, looks like your chart's been pretty accurate even after two years, yeah? In trajectory anyway, if not the $10k prediction for Nov 2017!

Curious if this will hold up over the next two if alt marketshare continues at current rate, or if something drastic happens to the USD.
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