Post
Topic
Board Speculation
Re: Bitcoin overvalued or ahead of schedule?
by
fairglu
on 24/01/2014, 08:56:16 UTC
That shows the danger of extrapolating the data in order to predict the future when you don't understand what is driving it.

The whole point of charting is that it's a self-fulfilling prophecy: if enough people follow them, then they become the "drive".

Up to a black swan event of course, which throws everything off the charts Wink