Quote from: P4man on October 17, 2011, 03:36:36 PM

Quote from: Cluster2k on October 17, 2011, 03:24:33 PM

Even the fanciest log graph isn't likely to put a gloss on 90% price drop from peak.

But why compare to a peak that was nothing but a speculative bubble? Compare it to 12 months ago and it still looks good

Particularly if you take into account the increased numbers of coins since then.

Why compare today's bitcoin price to 2010, when hardly anyone mined or even knew about bitcoins? The vast majority of miners joined in April and May, when prices were already above $5.