Post
Topic
Board Speculation
Re: Bitcoin price cycles
by
Raize
on 21/09/2016, 21:37:20 UTC
Wow... much more interesting.  While not the desired highs I think we were all expecting, this cycle certainly seems to be repeating the same pattern as before.  As I have been thinking all along, the price is showing a similar fractal nature to what we see in nature.  In fact, if you look at the size of the scaling on the graphs, we have been reducing the overall scale each time, from 30x -> 10x -> 2x (in terms of actual dollar value).

Thanks again for doing this kind of analysis. I wish there was more out there looking at the fractal nature of price changes. One thing to note however is that even though the pattern of 30-10-2 may have repeated, perhaps the overarching pattern coupled with the fact that fiat always inflates would indicate we're eventually going to be due for another super-cycle of 30 sometime after this one has run its course.