Re: BETI: Bitcoin Exponential Trend Index and technical analysis
... growth models of new technologies, networks, pyramid (ponzi) schemes, cancer tumours and pandemic spreads are identical. It's the maths of exponential growth.
No. It's based on logarithmic growth, which is pretty much the opposite of exponential as the rate of growth ("speed") continues to decline.
Logarithmic:
Exponential:
Bitcoin:
End of mathematics class
Not going to formally pick a side of an argument, but you presented the logarithmic growth with a linear scale on the "y" axis", but compared to bitcoin which you presented with a logarithmic "y" axis scale. Exponential growth looks like linear growth when using log scale: you get a straight line.