Re: Logarithmic (non-linear) regression - Bitcoin estimated value
To have different starting dates on one forecast chart does not work. So here is a fix. Not that is really meaningful. The other issue is the missing early data for bitcoin, it is needed so i started a one cent.
Who's to say that starting the bitcoin price at one cent is meaningful?
although I think the idea is good, the numbers seem off by a lot.
I don't think bitcoin will stay at or below $1000 for that long.
based on this chart, it would seem bitcoin would stay around $1000 far into 2020, which is completely ridiculous.
Yeah, we're above both of those trend lines right now. Maybe the exponential line is closer to the truth.
