Post
Topic
Board Speculation
Re: Bitcoin bubble crash @ 100$ Summer of 2013?
by
BitPirate
on 22/03/2013, 04:23:07 UTC

log chart or not it's the same data. would you prefer to close your eyes to the real situation? you think log scale viewing stops it being bubble? people switched to log after the first exponential growth to 32, to make it easier to see. but it doesn't stop the reality of it clearly being a bubble.


My main plan is trying not be caught out at the top, but none of us can guarantee that, when a large holder cashes out and starts the reversal.. we are all small fish.



The chart doesn't prove shit... log scale or not.

In many respects the log chart is more useful, as the user base is growing almost exponentially. The aim is to make some variables static. Total exposure to a crash per user is more useful than total total market price, if you're trying to figure out investors' appetite for continued high prices.

"reality of it clearly being a bubble"Huh No chart shows that. They just show the price against time. Don't be fooled!