sarc
Member
**
Offline Offline

Activity: 98
Merit: 10



View Profile Personal Message (Offline)

Ignore
June 05, 2013, 05:49:30 PM

log_(n)(x) and log_(n)(x+1) are of course not the same. If sarc stated that, he was wrong. Funny enough, for his results it shouldn't really matter much, the difference will be minimal I think.

It would have quite an effect when the price was really low (think around $0.1)

[snip]

Valid point. I forgot that trading started below 1 USD.

Anyway, to make it a bit more interesting for the general population of this thread, summary time!

(1) sarc's exact modelling techniques aside, the graph he posted is not entirely different from similar results that have been posted before. sarc's regression analysis sees the price below 30 USD right now (correct me I'm wrong, please), while the others had us in the realm of 50 USD (does anybody have a link to one of those?).

(2) regression analysis is a well-founded statistical technique, but by no means guaranteed to accurately predict the future price.

(2) Math is hard. Let's go shopping.

I prefer people summarising my efforts to use more positive superlatives, but ok.