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Title: Extrapolation Hardcore Post by: jubalix on June 17, 2013, 07:01:08 PM Post your future prediction graphs ITT
So this is my super rough go at it, the good news is it seems to be about 21 months and we should be at 1K per btc, not so good is we only seem to have a floor for 100 in about 6 months it looks like the order of magnitude rate is every 12 - 13 months, until it flattens out (my guess in about 100K - 200K per BTC) because we all know the past *does* indicate future performance http://i44.tinypic.com/2ql6akm.png edit fixed it up a bit Title: Re: Extrapolation Hardcore Post by: FiatKiller on June 17, 2013, 07:06:51 PM I'd better start hoarding then. I'll take it!
Title: Re: Extrapolation Hardcore Post by: Jozzaboy on June 17, 2013, 07:14:19 PM I'm bullish but i've got a hard-on for hating straight lines on a price chart. I don't believe in a function as simple this then again, don't ask me for the complex answer ;)
+1 this thread though, Wall discussion is like trollbox mk. 2 Title: Re: Extrapolation Hardcore Post by: jubalix on June 17, 2013, 07:20:15 PM I'm bullish but i've got a hard-on for hating straight lines on a price chart. I don't believe in a function as simple this then again, don't ask me for the complex answer ;) +1 this thread though, Wall discussion is like trollbox mk. 2 but its not a straight line on a x = y plot, as the price is logarithmic y = log x Title: Re: Extrapolation Hardcore Post by: Jozzaboy on June 18, 2013, 01:39:53 AM I'm bullish but i've got a hard-on for hating straight lines on a price chart. I don't believe in a function as simple this then again, don't ask me for the complex answer ;) +1 this thread though, Wall discussion is like trollbox mk. 2 but its not a straight line on a x = y plot, as the price is logarithmic y = log x And log (x) is such a complex function. Well, if this really did have exponential growth, I might as well invest 10k USD now and quit my job because I'll be a millionaire in a few years. ;D Title: Re: Extrapolation Hardcore Post by: Crypt_Current on June 18, 2013, 01:43:34 AM I'm bullish but i've got a hard-on for hating straight lines on a price chart. I don't believe in a function as simple this then again, don't ask me for the complex answer ;) +1 this thread though, Wall discussion is like trollbox mk. 2 but its not a straight line on a x = y plot, as the price is logarithmic y = log x And log (x) is such a complex function. Well, if this really did have exponential growth, I might as well invest 10k USD now and quit my job because I'll be a millionaire in a few years. ;D I would if I had 10k USD ??? ::) Title: Re: Extrapolation Hardcore Post by: Jozzaboy on June 18, 2013, 01:48:11 AM I'm bullish but i've got a hard-on for hating straight lines on a price chart. I don't believe in a function as simple this then again, don't ask me for the complex answer ;) +1 this thread though, Wall discussion is like trollbox mk. 2 but its not a straight line on a x = y plot, as the price is logarithmic y = log x And log (x) is such a complex function. Well, if this really did have exponential growth, I might as well invest 10k USD now and quit my job because I'll be a millionaire in a few years. ;D I would if I had 10k USD ??? ::) Yeah, me too but it's pushing how much I could see vanish overnight and not get butthurt about it ;D Title: Re: Extrapolation Hardcore Post by: MOB on June 18, 2013, 06:05:29 AM Guess I will save 100 BTC and cash out the rest. Looks like I should be good till I become a multi-billionaire!
Title: Re: Extrapolation Hardcore Post by: jubalix on June 18, 2013, 09:30:18 AM Guess I will save 100 BTC and cash out the rest. Looks like I should be good till I become a multi-billionaire! this is the plan have about 100 BTC and wait. I think it will increase exponentially until it gets to full market share x market % of btc as a % of all CC's Title: Re: Extrapolation Hardcore Post by: 4mherewego on June 18, 2013, 09:44:26 AM ;D
Title: Re: Extrapolation Hardcore Post by: mvidetto on June 18, 2013, 07:42:49 PM I like the chart it's nice to know someone actually knows how to graph exponential around here.
Title: Re: Extrapolation Hardcore Post by: IIOII on June 18, 2013, 11:14:18 PM Why keep people measuring BTC against fiat currencies?
Given the extreme QE measures of all three big reserve banks it is not very meaningful to do future predictions based on a BTC/fiat rate. For any long-term prediction Bitcoin should better be measured against gold, silver, wheat, sugar, milk, big macs, or alpaca socks... (or all of them) Title: Re: Extrapolation Hardcore Post by: Jozzaboy on June 19, 2013, 12:04:36 AM Why keep people measuring BTC against fiat currencies? Given the extreme QE measures of all three big reserve banks it is not very meaningful to do future predictions based on a BTC/fiat rate. For any long-term prediction Bitcoin should better be measured against gold, silver, wheat, sugar, milk, big macs, or alpaca socks... (or all of them) Why? Because i'm looking forward to next year when I can say I have "1 meeellion dollars" http://blog.mainstreethost.com/wp-content/uploads/2012/08/Dr.-Evil-One-Million-Dollars.png |
