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History of bitcoin: - slow start - exponential rise - exponential fall - exponential rise - ??
by damian2000 14y ago
History of bitcoin:
- slow start
- exponential rise
- exponential fall
- exponential rise
- ??
- MacsHeadroom 14y agoMore like: - constant exponential climb http://bitcoincharts.com/charts/mtgoxUSD#igWeeklyza1gEMAzm1g10zm2g25zi1gVolzl http://bitcoincharts.com/charts/mtgoxUSD#igWeeklyza1gEMAzm1g... (note the Log scale) That minor "fall" in 2011 was an over-hyped blip. Minor boom and bust cycles are normal.
- arethuza 14y agoI would agree that the underlying trend looks exponential - but that "blip" takes up about a quarter of that chart (about 7 months or so).