Re:Bitcoins reached $300
by TomGullen on Thursday November 07, 2013 @08:46AM
(#6689225)
Take a look at this explanation:
http://www.fool.com/foolfaq/foolfaqcharts.htm
[ Parent
| on HN ]
Ah, that makes perfect sense. With a logarithmic chart, each change is seen in the context of the current value. Each change is not equal to every other change. When bitcoin is worth $1, and it goes up one more $1, that's a much bigger change than when at $300 it goes to $301 but to have the line the same length is kind of misleading.