Quote from: SlipperySlope on November 13, 2013, 11:12:31 PM

Quote from: AnonyMint on November 13, 2013, 10:58:08 PM

Quote from: SlipperySlope on November 13, 2013, 10:37:41 PM

Quote from: AnonyMint on November 13, 2013, 08:55:27 PM

Quote from: SlipperySlope on November 13, 2013, 07:19:51 PM

I revised my bitcoin logistic adoption price analysis charts to combine four possible scenarios on one chart ..

Exponential growth (linear on a log axis as you've drawn) is inherently unstable, as no exponential growth goes on forever.

Seriously, if you do not understand the math I would be glad to teach it to you.

If you want to talk math, I have a minor in math. No problem.

Great!

My university degree is in applied mathematics. Please explain with what math you learned why a logistic function is inherently unstable, as no exponential growth goes on forever.

I just explained to you that a logistic model isn't applicable to speculation markets, yet it is applicable to bonafide technology adoption (e.g. the adoption of radio, TV, cars, cell phones, etc).

Rather in speculation markets, you see exponential growth in price, followed by a waterfall crash.

Don't conflate the adoption of crypto-currency in general (which is also a speculation and not certain) with the speculation that Bitcoin is all perfect.

Replacing a financial system that has been around for 100s of years with a new model for society requires much analysis. This is not as straightforward as the obvious benefit of a TV or cell phone. It seems the aggregate outcomes for Bitcoin are dystopian thus can't possibly be stable.

As an applied mathematician you should understand well that models are irrelevant if misapplied.

And thus I am not posting off-topic.