Post
Topic
Board Speculation
Re: Bitcoin: The Downward Trend Continues
by
envy2010
on 12/04/2014, 16:16:15 UTC
What kind of bullshit chart is this where the vertical axis numbers aren't uniform ?  It goes from 100 to 140 to 200 to 280 with same vertical space....this only distorts things, it does not give a clear picture of price action.
And then you're gonna use it to draw a trend line?  I'm very bullish on BTC long term but get out of here with this crap.

If you are going to speculate on crypto I suggest you study some elementary algebra. A straight line with slope m on a base-N log plot is a exponential curve defined by N^m on a linear plot.

Bitcoin adoption (and price) history fits an exponential curve much better than a linear one, so it makes sense to plot it that way.