Post
Topic
Board Speculation
Re: Lost my faith
by
nottm28
on 28/06/2013, 22:06:20 UTC
This was a fascinating chart and I checked out the numbers for BTC since 1/2011.  Was shocked to see that this trend has continued for quite a while:

Google Spreadsheet with Monthly Lows Summary Data

Interesting findings:
  • 23 of 29 months since the beginning of 2011 have seen an increase in the monthly low price
  • We are in the 16th consecutive month of an increased monthly low price.
  • The average change from one monthly low price in this time period: +35.70%


Nice spreadsheet -even assuming the increase per month settles at only 10%/month, that would still see the price of BTC rise to around 160 USD in 6 months from now...