Post
Topic
Board Bitcoin Discussion
Re: Monetary scientist sees bitcoin price at $27k in four months time
by
greenlion
on 17/10/2017, 09:44:07 UTC
Monetary scientist??

Dingbat Trace Mayer just cherry-picked a bunch of prices that disproportionately represented the tops of bubbles, left out any prices from bear markets, calculated what multiplier these prices represented over the 200 day moving average that lead to those prices, and decided arbitrarily what multipliers were "normal" on the basis of this completely doctored sample.