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?
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
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.
