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RE: Crazy things happening in Crypto World Lately!
Yesterday comparasion of cryptos with smartphones came to my mind... Smartphones was technology that was going only upwards parabolic basically until now. Because world needed it and was ready for it, so during few years parabolic, and I dont think that anyone can say that it was (is) bubble. What if cryptos are the same and we will go kind of only upwards (of course with some corrections, but kind of only up) because the world is ready?... Just an idea, I dont know :)
you say parabolic...I say asymptotic we both mean exponential.
who knew?
Yes, I think that asymptotic is more correct word :) Im still learning various trading expressions thou, actually you learned me a new word now, my native language is not english :)
mine neither...I speak Texan
but I was just funnin with ya.
a pair of bolics would probably work
better than a pair of noids I suppose..
Ok, I have then no idea what is that mean "asymptotic ". Is it graph like that?
more like this
So parabolic and then kind of a side ways, or you just funnin with me ? heh
yes
actually, ignore the 'kind of sideways'
the point is it starts off slooooooow. gains a leeeeeeetle...then graduallly, slowly...builds..
then launches like a rocket..almost straight up.
to infinity and beyond..
kinda poetic huh?
ou, I thought that that is parabolic actually :D what is paabolic ? Im not sure now if I understand it correctly, thanks for explaing that to me :)
Indeed it is!
Yes, in mathematics both curves are said to be "asymptotic" because they both tend to approach a value (limit) as the other variable tends to infinity.
In financial analysis I think they use the term "parabolic" is used to indicate a pattern in a chart with asymptotic behaviour.
Indeed, and we call it a Hockey Stick ... When talking about Systemic sustainability such as world population, this is an indication that the system is about to crash. "Any system that cannot sustain itself is destined to fail."