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I love that it is a classic bitcoin log chart designed to hide the massive volatility of bitcoin. The financial prowess of the average bitcoin "investor" never

• colemannugent 9y ago
  >classic bitcoin log chart designed to hide the massive volatility of bitcoin No, it's not designed to hide volatility, it's designed to show a quick overview of the long term changes of Bitcoin. Logarithmic scales are incredibly useful when you have very fast rate of change. Look at a linear chart of Bitcoin over the same range, it's not very useful. You can quickly see from this chart that Bitcoin is still on a massive tear, though the annotations are a bit cheeky.
• shawabawa3 9y ago
  A log graph is more honest. The same size drop is always the same % drop, a linear graph would be dishonest