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Title: Chart and projection of the 3 major trendlines in 2013 so far Post by: ManBearPig on March 29, 2013, 03:14:29 PM http://tonycoleby.com/shared/bitcoin-april2013-3trends_720px.png
Larger version here: http://tonycoleby.com/shared/bitcoin-april2013-3trends.png (http://tonycoleby.com/shared/bitcoin-april2013-3trends.png) Quick projection of what I see as the 3 major trends of Bitcoin so far this year and their projections over 2 years (or less in the extremely bullish case). Merely a visualisation exercise - I'm no expert, I just did this for my own benefit and thought I'd share. Of course the fact that we've seen 3 different large trends since December show the flaw in trying to project them, and the last trend has been exponential growth and not linear and and and, bubble, slowing of growth etc. Do you what you like with it :) Title: Re: Chart and projection of the 3 major trendlines in 2013 so far Post by: Nikolaj06 on March 29, 2013, 03:53:58 PM You forgot the parabolic one ;) My uneducated guess would be a straight line that's a mix of the two upper ones, which would go to around mid 2014 early 2015 until it goes parabolic and we'll see 10000$ bitcoins by 2016 :D *Crossing fingers* :b
Title: Re: Chart and projection of the 3 major trendlines in 2013 so far Post by: ManBearPig on March 29, 2013, 05:20:03 PM You forgot the parabolic one ;) My uneducated guess would be a straight line that's a mix of the two upper ones, which would go to around mid 2014 early 2015 until it goes parabolic and we'll see 10000$ bitcoins by 2016 :D *Crossing fingers* :b Yep. My thinking is the middle line would provide a very good return compared to stocks and might be the general direction it heads allowing for flash crashes and cashouts. I'd be happy with that - anything above that would be life-changing :) |
