Ninjastic
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
macsga
on 13/12/2013, 11:04:14 UTC
Quote from: Vycid on December 13, 2013, 11:01:50 AM
Quote from: macsga on December 13, 2013, 11:00:06 AM
Quote from: Vycid on December 13, 2013, 10:58:07 AM
Quote from: macsga on December 13, 2013, 10:57:24 AM
Quote from: Vycid on December 13, 2013, 10:56:24 AM

If you've hired a professional statistician on your dime for the community's benefit, we are obviously grateful.

You don't know any folks that know any system dynamics, do you? I'd take that kind of analysis very seriously indeed.

I can only *READ* those... remember this is a chaotic system.

This is a system driven by mass adoption of an invention, which has been modeled before and can be modeled here.

I don't want to play it the smartguy here; but do you really think this simplified model can cover bitcoin dynamics?
http://en.wikipedia.org/wiki/System_dynamics

I SERIOUSLY don't.

I think it'd be so immensely superior to an extrapolated trendline as to be unworthy of discussion.

So true; others here would have been bored to death Smiley