/biz/ - Business & Finance

>>555052
>when you could argue it reached the height of it's popularity

>more people than ever transacting bitcoins

Also;

>That is why the standard log chart does not apply because the smaller rallies are exponentially smaller in terms of total money pumped into the market.

So what should you use?
Double exponentials?

Or do you suppose we just throw out all old data as it doesn't fit your agenda that bitcoin is doomed?

>Also, if you knew anything about markets in general you would know that past performance is rarely indicative of future results especially with something as volatile and speculative as Bitcoin.

Actually, markets driven my speculation tend to be highly influenced by past market data. But you're right we can't predict anything because all past data is irrelevant.

>>551071
Okay, fair enough.

A better chart is number of unique bitcoin addresses used as it cuts out the thousands of micro transactions that bitcoin is used for.