Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
How 'bout a 2 year average? That would give quite the different picture 
.
.I posted such a plot a while ago, the average yearly appreciation from date X in the past to the present. It was something like 900% gain for any date X up to Oct/2013, and 90% loss or worse for most X since Dec/2013.
Honestly though, it would be more fair to look at monetary inflation (in which bitcoin is still quite inflationary at present, admittedly).
Why would that be more fair? What matters is what 1 unit of currency can buy. That is not determined by how many units could be printed, not even by how many exist, but by how many are in circulation, and the demand for them.Speaking of demand, I recall someone claiming that the bulk of bitcoin "commerce" (excluding investment and speculation), right now, is internet gambling. Is that true?