The scatterplot and trendline is directly out of Excel. So call Bill Gates if that is the equation causing you concern.
Following link tells you how to analyze and think about results.
https://people.duke.edu/~rnau/rsquared.htm
I'll accept more comments after you research some of the additional material referenced above
If you take a look at the max supply of 84,000,000 LTC there have to be and will be an exponential price development if the network grows in the same way. If you like to get a real trendline, you have to check the price with candle sticks and the average true range of define periods. Cheers
You list yourself as an engineer, but your analysis is BS. The trend fit line is based on "linear trend fit". There is no exponential component to the trend fit I did.
You could choose to do an exponential fit if you want, but that is not what you see in the analysis above.
I intentionally did not choose an exponential fit, since an exponentially increasing curve is not sustainable. I think the increase in price of LTC is sustainable, and it NOT increasing in exponential way.
R^2 is much lower when you try to fit exponentially. For the LTC data series.
The "real trend line" that you see on the chart is directly from Excel.
I don't believe you passed the engineering stats class. I frankly doubt you are an engineer based on your comment about "there will have to be an exponential price development".
That was exactly the point my post was proving is NOT needed.
I will provide you one of my diploma. You can choose one either TU Vienna or TU Munich. Doesn't matter to me. But you forgot the phase if the network grows in the same way. That the reason why all crypthocurrencies moving upward if the supply is limited. That the same with the development of the microprocessor transistor, fell free to read https://en.wikipedia.org/wiki/Moore%27s_law
Have a nice evening, cheers for Germany.
PS: by the way germany is full of engineers :)
Moore's law applies to transistors on an IC doubling approximately every two years.
That has literally nothing to do with the price of crypto's.