You are viewing a single comment's thread from:

RE: “Bitco[i]n” Will Collapse to $775 Price Soon

in #bitcoin6 years ago (edited)

Please read my blog again because I added a lot more to it since you wrote your comment, and note the linearly versus logarithmic scaled. The linear exemplifies that impulsive, unstable “rogue wave” as Armstrong calls it, but not the logarithmic.

The logarithmic variant exemplifies the “unforgeable costliness” valuation model which can grow exponentially until the opportunity cost on mining is challenged by some other meritorious human activity. Again read my detailed explanation of the posited “attack” game theory (which is linked from my blog) to understand the relevance.

Sort:  
Loading...