Post
Topic
Board Speculation
Re: Now might be a bad time for newbies to buy BTC
by
Xiaoxiao
on 09/09/2014, 17:55:51 UTC
I am a new comer and not much experienced on BTC. The chart seems to me very difficult to understand. Please help me.
It's easy to understand: it's bullshit

What are you talking about?  Notice the question mark after 3x Decrease?  Its a speculation that perhaps for the year 2014 that bitcoin will not have increased.

I already explained. You drew your black vertical lines in the wrong place. Try again with the black vertical lines on September 1 of each year. Then read calculate the increase for each year and you will get a much more accurate number

I understand since sept 1, even this year it will have gone up... but we will see in the next 3 months...  i highly doubt it will go up for the entire 2014.