Stop posting the rainbow chart

[Anonymous No.51026266]

Use this one instead, accounts for decreasing volatility. Formulas for buy & sell lines:
>Buy: Price = EXP(LN(Date)*5.5046 - 36.8846)
>Sell: Price = EXP(LN(Date)*4.4549 - 26.2872)
Where date is days since April 26, 2009 (being day 0) - somewhat arbitrary for log scaling

Indicator (graph B) just scales the price so that 0 & 1 correspond to the buy and sell lines. Few more details here: >>/biz/thread/49786005

[Anonymous No.51026293]

>>51026266
Also, lines were calculated on May 15, 2022, well before the dump to 17.6k

[Anonymous No.51026360]

>>51026266
checked thanks for posting anon

[Anonymous No.51026368]

nice chart op
but why does it stop curving in the future
same with the rainbow chart
its all curling at an ever increasing angle of curve until the future projection then it stops curving

[sega No.51026375]

>>51026266
if you ignore the data after 2020 what top would it predict? 60k or higher?
also is there a url or smt?

[Anonymous No.51026390]

>>51026266
dude can you smartfags just tell me if i should buy or not? no need to make thse graphs and make up new words. just say if i should buy or sell

[Anonymous No.51026407]

>>51026390
dca

[Anonymous No.51026419]

>>51026390
I’m waiting for a further drop. I’m buying Litecoin under $44, Bitcoin under $17000

[Anonymous No.51026423]

>>51026368
It doesn't stop curving, that's just an illusion. This is what it looks like on a log-log scale. You get fixed % returns (log scale) over each % increase in time. It takes more and more time for the same % returns, but it doesn't ever go flat.

[Anonymous No.51026441]

>>51026266
>Rainbow chart
>Seems to forget how a rainbow in reality looks like

[Anonymous No.51026444]

i also made a chart
tell me what you think

[Anonymous No.51026452]

>>51026375
Bump

[Anonymous No.51026468]

>>51026444
It's wrong because it models price as an exponential function of time. OP is correct in using a power-law relation.

[Anonymous No.51026469]

>>51026444
seems about right

[Anonymous No.51026482]

>>51026419
As of now, the buy line is at 18.9k

>>51026375
I'm not going to start cherry-picking when I already get an r-squared of .95 from the entire price history. The graph as it is only has 4 free parameters to worry about.

[Anonymous No.51026485]

good thread OP

[Anonymous No.51026490]

>>51026266
does eth follow this?

[Anonymous No.51026523]

>>51026482
What do you project as the next top for price and date

[Anonymous No.51026555]

>>51026375
I wonder the same thing. How would the chart look if you created it using the data up to January 2017? Or up to January 2020? When you have all the data available, it's easy to create a chart to fit it.

[sega No.51026602]

>>51026482
>muh r2
so it wouldnt have predicted the 60k top, gotcha.

[Anonymous No.51026606]

>>51026555
It looks exactly the same. I know because I posted this exact analysis throughout 2021 and instead of being praised was called a "fucking bobo". Now that the chart is printing 'buy' all the /biz/ smoothbrains are finding profound wisdom in it.

[Anonymous No.51026608]

>>51026482
I guess technically 5 free parameters, since setting time 0 (for the purposes of log scaling) is arbitrary. I went with the time that gave the highest r-squared, downweighing earlier years when BTC was flat at $0.1 for a long time

[sega No.51026622]

>>51026555
op calls that cherry picking, kek

[Anonymous No.51026626]

>>51026606
Even in June, all anyone did was grift, REEing about it hitting 8k
>>/biz/thread/49786005

[Anonymous No.51026637]

Honestly your model seems too optimistic. ~250k in 2025 seems too...high, i dunno

[Anonymous No.51026715]

>>51026622
>>51026555
It becomes easier to fit whatever you want when you pick out small bits of data.

>>51026637
If we're talking early 2025, then it's around 220k

[Anonymous No.51026735]

>>51026555
But I will spend some time fitting a line to the first 2 days, 3 days, all the way up to today, to see how much the trajectory changes as time goes on.

[Anonymous No.51026755]

>>51026423
i tried extending your chart but i can't figure out the x axis

[Anonymous No.51026772]

>>51026755
also i see now my green line isnt prefectly aligned

[Anonymous No.51026799]

>>51026755
neither is red line actually. lines are hard

[Anonymous No.51026819]

>>51026755
Well you've extended it about 51 years into the future, I'm sure it'll break by then. Plus only upside volatility has really decreased so far, remains to be seen if the green line will start getting compressed up as well.

[Anonymous No.51026832]

>>51026637
>>51026715
I'm getting a baseline value of $57,921.98 for 08/21/2025.

[Anonymous No.51026863]

>>51026799
>lines are hard
Just use math. Charts are only illustrations of functions.

[Anonymous No.51026871]

>>51026863
according to an iq test i took once i'm literally retarded. undiagnosed

[Anonymous No.51026922]

>>51026266
>just use my scuffed version of the rainbow chart dude
at least make a website and put some colors oh wait that would be literally the rainbow chart

[Anonymous No.51026950]

when 1 million?

[Anonymous No.51027017]

>>51026922
>>51026375
Fine, I'll do some gay webdev stuff and put an interactive version online in a few days. By doing so, SBF would subvert it, thereby invalidating it.

[Anonymous No.51027179]

>>51026819
alright you said 51 years so i did this. i don't think it looks right are you sure about 51 years?

[Anonymous No.51027225]

>>51026266
>Stop posting the rainbow chart that's literally never been wrong once for my shitty chart where the green bottom line is constantly being broken!!

[Anonymous No.51027276]

>>51027017
"it is not enough that i succeed, others must fail"
-sammy "the bank man" freed

[Anonymous No.51027356]

>>51027179
I mean, its a log scale, it looks about that to me, but who cares what the price will be more than a few cycles in the future. Model will be broken by then, and we will all have made it, or be dead by then. But if it puts you at ease, here:

Date, Floor, Ceil
2023-01-01, 21959, 115181
2023-06-01, 25869, 131513
2024-01-01, 32368, 157671
2024-06-01, 37751, 178577
2025-01-01, 46552, 211582
2025-06-01, 53720, 237582
2026-01-01, 65403, 278597
2026-06-01, 74836, 310693
2027-01-01, 90086, 361010
2027-06-01, 102306, 400156
2028-01-01, 121919, 461184

[Anonymous No.51027363]

>>51026266
Why does it spend like a year below the bottom curve? Doesnt seem like a good bottom predictor.

[Anonymous No.51027393]

>>51027363
Bottom as in that is the optimal line if you buy only when the green line is hit, and do not buy again or sell until the red line is hit, then repeat. Overall best performance while being as simple as possible.

[Anonymous No.51027410]

>>51027225
>>51027363

[Anonymous No.51027460]

>>51027356
very nice thankyou

[Anonymous No.51027591]

>>51026490
No, because ETH is a retarded twink scam that is destined to go to zero against BTC.

[Anonymous No.51028023]

>>51026482
> r-squared of .95 from the entire price history
so in other words, the model, as far as we know, fits well to past performance but is likely completely useless for forecasting future results?
good to know

[Anonymous No.51028138]

>>51028023
It's passed one hurdle so far, calling the 17.6k bottom. We'll see if it calls more.

[Anonymous No.51028523]

>>51028138
what if it doesn't go below the purple line

[Anonymous No.51028585]

>>51026266
>Buy: Price = EXP(LN(Date)*5.5046
why *5.5046?

[Anonymous No.51028626]

>>51026468
>power-law relation
why?

[Anonymous No.51028817]

guys im retard, so should i sell now and wait for bottom to buy or just hold at this point

[Anonymous No.51028987]

>>51028817
hold

[Anonymous No.51029590]

>>51026266
Eth and BTC week

[Anonymous No.51029775]

>>51028817
Hold but buy more once we go under the purple line

[Anonymous No.51029813]

>>51028138
Anon I’m poor, I can’t afford Btc but can buy a few eth, are you really saying eth isn’t gonna make it...

[Anonymous No.51029839]

>>51026266
One mistake, yellow line on chart B is the 99th percentile

[Anonymous No.51030483]

>>51026266
cope

[Anonymous No.51030586]

>>51026626
That was posted the day it hit 17k saying it was the bottom, but the chart in the op had the bottom way lower. No one knows

[Anonymous No.51031681]

>>51030586
It's the exact same lines you retard, you just don't know how to read a log scale.

[Anonymous No.51031995]

>>51031681
What? I'm talking about the chart in the op of the archived thread you posted?

[Anonymous No.51032094]

>>51031995
Yes, that was my thread. I used the exact same formula in that thread as in this one.