Quote from: dennydotco on August 07, 2014, 05:13:22 PM

It looks like the real testing of the log chart's association with bitcoin values is about to begin. In order to stay close to the chart values in 2015 would have to ride the model from $6xxx at the beginning to $88xxx at the end of the year. That alone would be absolutely phenomenal, and I can't imagine what kind of impact that would have on our economy, but 2016's log growth is from $88xxx to $581xxx. That kind of math is just silly.

Is this even realistically possible? Everything about the idea seems unfathomable and unrealistic to me. I know, I know. 2013 saw Bitcoin grow from $13 to $1100, but that total market cap was still relatively small. For a single Bitcoin to be worth $581xxx the market cap would be phenomenally high.

The reality is market cap has nothing to do with the price of cryptocoin..just go to coinmarketcap and look at the coins just launched, they have volumes which are less than 10,000 dollars but market cap is around millions...
www.coinmarketcap.com