axkee141
axkee141 OP t1_j3h3uri wrote
Reply to comment by jakubkonecki in [OC] 5 major bitcoin crashes from 2010 to present by axkee141
Well I don't think these ones are particularly beautiful, it was a response to this post:
Apparently people don't like that one either though so I guess beauty is subjective. I like seeing bubbles and crashes
axkee141 OP t1_j3h2jtp wrote
Reply to comment by jakubkonecki in [OC] 5 major bitcoin crashes from 2010 to present by axkee141
I'm not well versed in finance so I treated those as synonyms when they aren't
axkee141 OP t1_j3gzioi wrote
Reply to comment by Classic_Row6562 in [OC] 5 major bitcoin crashes from 2010 to present by axkee141
That was my original post, you can see the red line and the R2 value there.
axkee141 OP t1_j3gzg4b wrote
Reply to comment by axkee141 in [OC] 5 major bitcoin crashes from 2010 to present by axkee141
I made this post in response to this one:
axkee141 OP t1_j3gxr5y wrote
Reply to comment by Classic_Row6562 in [OC] 5 major bitcoin crashes from 2010 to present by axkee141
Oh oops, I kinda rushed this post as a response to negative feedback from a log graph that I posted last night. The red line is a line of best fit that goes through all the data that I forgot to delete before posting this one. It's the same line in each graph.
axkee141 OP t1_j3fjhue wrote
Reply to comment by ben_r_ in [OC] 5 major bitcoin crashes from 2010 to present by axkee141
It did drop about 20 percent since early November, but 10-20% swings are just a normal Tuesday for bitcoin. The big 80% changes happen less frequently.
axkee141 OP t1_j3fhwkt wrote
Source: https://coinmetrics.io/community-network-data/
From there I downloaded bitcoin from the asset dropdown and graphed it using LibreOffice Calc. I stuck with a linear graph because I recently found out log graphs are used to deceive people. These graphs show bitcoin's various bubbles and crashes on a linear scale so they needed to be graphed separately. I don't think it's as beautiful as one log graph, but hopefully it's easier to interpret
Submitted by axkee141 t3_1069yz3 in dataisbeautiful
axkee141 t1_j1i82ag wrote
Reply to comment by Substantial_Horse61 in LPT: On the internet try to be as brief as possible to convey your message by MickJof
That's what it stands for, "[T]oo [L]ong; [D]idn't [R]ead" TL;DR
axkee141 OP t1_j3helao wrote
Reply to comment by jakubkonecki in [OC] 5 major bitcoin crashes from 2010 to present by axkee141
I guess I'm still trying to wrap my head around log graphs being used to "hide" data since more of the data is able to be read than on a linear graph. I guess I need to take into account that even if more data is visible, it's in a less digestible form for people who aren't used to log scales. The data ends up being communicated poorly to a general audience