Chart: A Logged Look At Bitcoin

If you believe the world is in base e, then this is a better picture of Bitcoin’s progress.

If you believe the world is in base e, then this is a better picture of Bitcoin’s progress.

Figure 1: Dollar price of Bitcoin (blue, left log scale), and log first difference of dollar price of Bitcoin (red, right scale).  Source: Coinbase via FRED, and author’s calculations.

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