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Re:Bitcoin Price Pressure by sillysaurus3 on Wednesday April 30, 2014 @06:46PM (#7676992)
I don't understand. It's BitcoinWisdom's default chart, and BitcoinWisdom is used by many traders in the Bitcoin community. What relevance does logarithmic scaling have here?

I wasn't saying the price was going to continue to linearly trend to zero. That would be impossible. I was saying I was an idiot for gambling that it wouldn't trend from $1100 to $400.

Re:Bitcoin Price Pressure by ars on Wednesday April 30, 2014 @06:57PM (#7677053)
I know it's the default.

Compare: http://bitcoincharts.com/charts/bitstampUSD#rg360zczsg2013-0...

What looks like a huge fall to you in the old graph is actually revealed as a rather small fall compared to its history. Your point in the text on the graph is still correct, but it's not quite as bad as it looks there.