Quote from: kdrop22 on December 31, 2013, 01:05:22 AM

Quote from: Ducky1 on December 30, 2013, 10:54:24 PM

Quote from: wachtwoord on December 30, 2013, 10:37:43 PM

Quote from: Ducky1 on December 30, 2013, 10:23:19 PM

My alternative approach - log vs log(log) from 01.11.2011 to present. Conclusion: The log-log model seems to better fit the data than the linear-log model, and according to this model we are actually slightly under the trend line. Comments?

Let me get this straight: we've been going super exponential all this time? Shocked

Could you draw this out on a log(log) chart as well?

It may be just a fluke, but super exp. at least fits best for this time period. Here is a log log chart. The blue lines above and below is drawn by hand. The actual price in log-log space have been added manually to the ~~left~~ right of the vertical axis. The chart was not really meant for publication so a bit rough.

While it is too tempting. Let's not get too carried away by this. Log(Log)) chart implies Bitcoin will be a Million dollar each before end of 2014. We just don't have the infrastructure or adoption for it yet.

True. 2015 is OK. That gives everyone a little more time to get the infastructure in place. Wink