Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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.
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A even more simple formula would be to average the numbers -> +1212% (1BTC = $5820)
Or you could take the median -> +314% (1BTC = $1522.90)
