Let's draw a line on a log scale graph

17 thg 11, 2013

I've been intrigued by the Reddit post about the average 0.59% daily increase in price on log scale ( reddit.com/r/Bitcoin/comments/1q59k1/bitcoin_4yr_log_chart_and_future_trend_courtesty/ ), and tried to recreate it on TradingView chart. The price increase obviously can't continue following this graph forever, but I'm wondering how long it will. I also notice one other interesting thing here: BTC price is above baseline only for the last two weeks. The Chinese bubble might still have quite a way to go to earn being called a bubble on a log scale.