Post
Topic
Board Economics
Re: Slippery Slope's Million Dollar Logistic Model
by
SlipperySlope
on 31/12/2013, 04:10:21 UTC
SlipperySlope .... there's some new work that you might like to try to fit into your Logistic model ... a super-exponential growth phase Smiley

https://bitcointalk.org/index.php?topic=322058.msg4227238#msg4227238

Agreed that the Log(Log) graph fits recent data better, however there is no principle behind the equation as there is with a logistic model of population growth with resource constraints.  The Log(Log) model suggests that prices during 2014 will reach 100000 USD by summer 2014. To me, this is not a plausible growth rate for bitcoin prices.

I believe that 2012 simply under performed and that 2013 over performed with regard to the log trend line.