Post
Topic
Board Economics
Re: Monthly average USD/bitcoin price & trend
by
molecular
on 31/12/2013, 12:41:31 UTC
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?




Wow ... that's some wild-ass result you got!! ... but hard to argue with the math, the fit looks good (just eyeballing but some best-fit stats would be nice) if we are indeed in the super-exponential phase (vertical) right now.

If he's right we've been going super exponential from the start. That's the point.

That's uber-bullish, but can exchanges currently handle that rate of growth?

If each exchange doubles its capacity in time x and the number of exchanges also doubles in time x, it seems possible.