Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Cassius
on 21/05/2014, 14:31:36 UTC
People had very good arguments in decemeber why it would go down more so I wanted to see if anyone had the opposite argument for why it might go up.

Have you seen this?

Slippery Slope's Million Dollar Logistic Model

https://bitcointalk.org/index.php?topic=366214.0

I am rather sceptical about this. Not because it's a bad model overall, but because I suspect the amount of fiat coming in does not correlate well to adoption. Namely, over-represented speculators must have vastly over-pumped the market, so it's hard to tell where we 'should' be at this point.