Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: SatsGoal on August 26, 2022, 01:49:44 PM



Title: SatsGoal - The Bitcoin Accumulation Calculator
Post by: SatsGoal on August 26, 2022, 01:49:44 PM
Hello fellow bitcoiners!

I've launched a free web app to motivate bitcoiners to stack those sats and reach their next satoshi goal!

Best viewed on desktop, the site is now live at www.satsgoal.com (http://www.satsgoal.com)

Input a recurring buy amount and stacking length, choose your stacking frequency and estimate the future price (annual growth rate or values on specific dates) to calculate how many sats you could accumulate.

Alternatively the SatsGoal toggle enables you to enter how many sats you need to accumulate to hit your next goal, and the tool will output how much you need to regularly save in Bitcoin to reach your SatsGoal.

The tool generates two graphs and a table illustrating your stack size and future fiat value rising so you can fully visualise your stacking journey.

Try it out and let me know what you think!






Title: Re: SatsGoal - The Bitcoin Accumulation Calculator
Post by: Apocollapse on August 26, 2022, 02:06:26 PM
Good project, this will help for people who haven't learn to DCA-ing Bitcoin will have an idea how it's really important.

I like you have an option about annual inflation rate because it should be calculated too since every year our fiat value will keep decrease.

I don't know how it's possible, but I would like to suggest does it's possible for you to analyze the pattern of every months since Bitcoin exist until now, so the percentage either gain or loss can be used to calculate Bitcoin future fiat value rather than we need to speculate it yourself.


Title: Re: SatsGoal - The Bitcoin Accumulation Calculator
Post by: Casino Critique on August 26, 2022, 02:24:00 PM
Nice work!
I am still learning to use it but it seems this could be a useful tool after all.

The bottom part of the input box is confusing me all the time LOL
https://i.imgur.com/FYiaClT.png


Title: Re: SatsGoal - The Bitcoin Accumulation Calculator
Post by: SatsGoal on August 26, 2022, 02:35:55 PM
Good project, this will help for people who haven't learn to DCA-ing Bitcoin will have an idea how it's really important.

I like you have an option about annual inflation rate because it should be calculated too since every year our fiat value will keep decrease.

I don't know how it's possible, but I would like to suggest does it's possible for you to analyze the pattern of every months since Bitcoin exist until now, so the percentage either gain or loss can be used to calculate Bitcoin future fiat value rather than we need to speculate it yourself.

Thank you for your feedback!

Implementing past return functionality is an idea I've had which could be added in the future, great to hear that you would find this valuable.

In the mean time, I've posted a blog article on the site which analyses the growth rate of Bitcoin in each year since 2011, and shows the compound annual growth rate from each year to the start of 2022, which can be useful for choosing various future price scenarios.

Users can view this blog, "Bitcoin's Compound Annual Growth Rate over the Last Decade", at https://satsgoal.com/blog/bitcoin-CAGR


Title: Re: SatsGoal - The Bitcoin Accumulation Calculator
Post by: bitcampaign on August 26, 2022, 03:22:51 PM
I've tried it and it's cool, at least it helps all beginners can calculate their investment in small amounts in bitcoin as a long term investment, your site is very helpful it looks quite good and not too heavy when accessed


Title: Re: SatsGoal - The Bitcoin Accumulation Calculator
Post by: tbct_mt2 on August 26, 2022, 03:59:27 PM
Your website is useful for Bitcoin Accumulation with Dollar Cost Averaging method. I quickly realized your idea when looking at the table.

This method because you can DCA in bear market, in bull market. You can do it when you have money for investment. You can sell your Bitcoin when you want to take profit too.

People think they only do DCA with buying. In fact they can do the same to take profit. Selling gradually your Bitcoin to take profit so you won't miss higher highs.


Title: Re: SatsGoal - The Bitcoin Accumulation Calculator
Post by: dkbit98 on August 26, 2022, 06:45:19 PM
Try it out and let me know what you think!
Website looks great, it can be very useful, and I like dark&light theme switch, but I suggest adding some simple tutorial for newbies, how to use it correctly with explanation for terms like satoshi and other.
Maybe adding short info when you hover over words, or add glossary with explanation.


Title: Re: SatsGoal - The Bitcoin Accumulation Calculator
Post by: so98nn on August 26, 2022, 06:56:44 PM
Congratulations for making the good project like this. I believe you have imagined all the scenarios while programing this calculator. You have not only added the growth algorithm in the calculator but also given option to add the prices of bitcoin manually at particular date and same can be done with multiple date instances.

This is perfect one to understand how much and at what rate we will have our bitcoins in the future. Helpful tool when it comes to future hodling of the bitcoin. This can give great insights to long term holders and with the changing prices feature one can have the goals pre-set and understand the trading strategy too.

Decent user interface.  :D


Title: Re: SatsGoal - The Bitcoin Accumulation Calculator
Post by: logfiles on August 26, 2022, 09:08:12 PM
Awesome tool, I liked it  ;)
As a first timer, I found it easier to use with the help of the informational icons

I suggest you also add the tab showing how much fiat one would have at the end of the given period if they just kept saving fiat instead of stacking sats under the results


Title: Re: SatsGoal - The Bitcoin Accumulation Calculator
Post by: darkangel11 on August 26, 2022, 11:20:45 PM
That's a nice little tool.

It's amazing how much you can save up by stacking just $2 a day. Depending on a country it's 1-2 beers or a few cigarettes, not even a full pack. Quit your addictions and save up. You can easily make 0.05BTC until the next halving by Choosing to DCA instead of smoking, drinking, or both.


Title: Re: SatsGoal - The Bitcoin Accumulation Calculator
Post by: SatsGoal on August 27, 2022, 01:06:33 PM
Nice work!
I am still learning to use it but it seems this could be a useful tool after all.

The bottom part of the input box is confusing me all the time LOL
https://i.imgur.com/FYiaClT.png

Thank you for your feedback!

Your input box confusion is noted, we've brainstormed some ideas on how we can improve the usability of this which will be implemented shortly!

Try it out and let me know what you think!
Website looks great, it can be very useful, and I like dark&light theme switch, but I suggest adding some simple tutorial for newbies, how to use it correctly with explanation for terms like satoshi and other.
Maybe adding short info when you hover over words, or add glossary with explanation.

Thank you for your feedback!

We love lightNING mode too  :)

The definition of satoshi is at the top of the site, however we've just added a simple description of how to use the tool, above the inputs, in addition to the information icons thanks to your suggestion!