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I wonder how many times a security of any kind has exhibited exponential growth, and then crashed exponentially to a multi-month plateau, and then dumped some m
by anoncoward111 8y ago
I wonder how many times a security of any kind has exhibited exponential growth, and then crashed exponentially to a multi-month plateau, and then dumped some more.
Bitcoin definitely did it post mtgox (1200 to 300), but the only other securities I can think of dumped linearly (sears)
- dnautics 8y agoDont know what you mean by "dumped linearly", but INX, 2008. Had a second drop a few months after the main.
- anoncoward111 8y agoMath isn't my forte :) But exponential growth is a hockey stick chart upwards, and inverse growth chart is like the opposite of that in my mind. A true pump and dump exhibits both behaviors, but Sears and most other stocks don't dump as quickly because stocks operate on slower reporting cycles I guess
- nikolay 8y agoExcept that Bitcoin is more of an insecurity - pun intended!