yefi
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April 12, 2018, 10:28:22 PM

There are several aberration's if you look at the data from MtGox. This is wash trading imho and does not reflect an accurate model. In fact I regularly exclude that sort of data in my regression's as it is so patently artificial. YMMV.

I'm surely not on safe ground defending Gox, given the incompetency and interference of Mark, but I would lend more credence to the data than that. Gox did have trading fees, and that date represents the big capitulation to the $2 range after the 2011 'bubble'.

In any case, ever ever ever is not so ever ever ever.