see how the lines cross? /1
The bottom is in - The thread
Carter Powell
Other urls found in this thread:
lookintobitcoin.com
twitter.com
Gabriel Scott
Logan Ramirez
Oh, so I should go all in GNS?
Ethan Jackson
Jason Ross
is that a red line??
Jose Martin
Cameron Collins
I am generally skeptical of graphs with non-linear Y axes. Though I'm welcome to hear why this is probably a brainlet position.
Brody Cooper
A RED LINE JUST FLEW OVER MY HOUSE
Caleb Brown
Bitcoin growth isn't linear. Few things are actually linear in life. Linear stuff is for brainlets who couldn't get past advanced highschool math
Benjamin Stewart
sure, but that just means its soon.
it could be a month away and we still have another 20% to fall
Jason Hughes
logarithmic is the way to go my lad. linear is for chartlets
Adam Nelson
Think about it logically, Bitcoin going from $10 to $100 was a much bigger deal than Bitcoin growing from $30010 to $30100 because Bitcoin doesn't grow on a linear scale, but in terms of % returns (log scale).
In the case of Bitcoin, it's growth isn't on a log-linear scale, but a log-log scale, where you experience X% returns over a Y% increase in time. Equivalent to the power law, where growth is exponential, but with diminishing returns (lookintobitcoin.com
Jose Morales
Just look at it. Bitcoin's growth is linear on a log-log scale.
Eli Barnes
Investments move based on percentages, not addition/subtraction
Austin Martin
I want to believe
Anthony Rivera
All of your charts show we have another drop coming and summer is always bearish.
Joshua Gomez
does this mean we have a harsh period ahead until the next rally
Connor Hall
wait so my DCA from 2016 to 2019 is meaningless because fucking retards will be able to buy lower or close to my average buyin in 2022 OR 2023?
EXCUSE ME WHAT
FUCK YOU ALL
Luke Perry
we'll pump into the weekend, monday dump, and then when stocks rally next week we'll head towards $40k
ty for playing!
Elijah Price
Needs to take into account diminishing returns. Is it doing that?
I am 90% sure it won't even hit 200k by 2030
Eli Hughes
MUH LINES ON A GRAPH
Isaiah Robinson
even by your own graph, that indicates it's the start of the bottoming, not 'the bottom'
Hunter Howard
This. Combined with the STOCH RSI we will be in a slow decline for the next 200 or so days.
I’ll start buying in around 4-6 months.
Aiden Stewart
every one of these suggests we have another leg down soon (3 months) to reach the actual bottom
would you just look at it
Jack Cruz
Yes, I just said here it follows a power law. That is the price doesn't exponentially increase over linear time, it increases exponentially over log time, meaning you need more and more time to get the same percent increase as in the past. That's how log-log works.
Anthony Morris
Meant for
Aiden Torres
Bottom is June 30 new moon at 13,5 k
Tyler Parker
>around 4-6 months.
looks about right
David Gray
Nope, according to your graphic the bottom is yet to come.