Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JorgeStolfi
on 24/04/2014, 15:12:34 UTC
Note that the percent changes (not increases) from year to year were

 2011 -> 2012  300%
 2012 -> 2013 3024%
 2013 -> 2015  314%

Neither constant, not uniformly increasing.

What will be the percent change 2014 -> 2015?

The simplest formula that will fit the three data points above is a parabola. Working in log scale, this is what I get:
http://www.ic.unicamp.br/~stolfi/temp/2014-04-24-april-prices-extrap.png

Horrible chart, because you ignored valid data. You can't just ignore previous years.

I just used the data that the quoted post used.  What were the percentage changes 2009 -> 2010, 2010 -> 2011?