Post
Topic
Board Altcoin Discussion
Re: Monero (XMR) Speculation thread
by
drawingthesun
on 14/08/2014, 01:20:24 UTC
1. Volatility is the variance of price over time. Now, since Bitcoin has had 10,000%+ runs during its history along with -93% declines, and Monero has had neither, the burden of mathematical/statistical proof is on you. Please make your calculations.

Here you go. I compared BTC to XMR in 2 ways, the first is a lifetime-to-lifetime comparison and the second runs from 5/20/14 - 8/12/14 (I couldn't find price data for XMR before 5/20).

The average % daily change for BTC across its lifetime is 0.84%, with a standard deviation of 0.0713 (this is the "volatility" number).

The average % daily change for XMR across its lifetime (starting on 5/20) is 1.16%, with a standard deviation of 0.1671, or 2.34x greater volatility than BTC.

The average % daily change for BTC in the same time period as XMR (from 5/20 to 8/12) was 0.33% with a st. dev. of 0.0277, which is 6x less volatile than XMR.

So no matter how you want to cut the numbers, you're wrong.

2. I checked your post history and would like to ask why you so bitter against many people?

Because many people such as yourself get your rocks off by making the world a shittier place for a living.

You are a Monero shill through and through. It is your job to get people to waste their money on this useless bullshit coin. And you can fool most of the people but you're not fooling me because I have an actual understanding and working knowledge of the terms you just throw around to impress others.

And that's how I can tell you are 100% bullshit.

Now have a nice day.


Are you calculating Monero to USD? If not then it'll be a flawed  comparison.  You can get the usd value by converting the bitcoin value to usd for that exact time.

Also I would like rpeitila to comment on this, perhaps he was wrong? I would like to see his calculation that led him to his conclusion.