Bitcoin Forum

Economy => Economics => Topic started by: cdlsrm on June 08, 2014, 10:26:34 AM



Title: When bitcoin will reach Moon - calculations & TA
Post by: cdlsrm on June 08, 2014, 10:26:34 AM
Distance from Earth to the Moon is not constants, but I think we can assume its 363 104 km (perigee).

Gas price differs depending on the car and gas price, but I think that 0.1$ per km is reasonable.  

So to buy enough gas to drive from Earth to the Moon one need to sell his 1BTC for 36310,4$.

https://i.imgur.com/ZzuGU8o.gif

Hope we will reach Moon soon, next stop Mars !


Title: Re: When bitcoin will reach Moon - calculations & TA
Post by: Este Nuno on June 08, 2014, 08:17:34 PM
Distance from Earth to the Moon is not constants, but I think we can assume its 363 104 km (perigee).

Gas price differs depending on the car and gas price, but I think that 0.1$ per km is reasonable. 

So to buy enough gas to drive from Earth to the Moon one need to sell his 1BTC for 36310,4$.

https://i.imgur.com/ZzuGU8o.gif

Hope we will reach Moon soon, next stop Mars !

Good analysis :P

Now we have a solid number that we can reference as we get closer and closer to the moon ;)


Title: Re: When bitcoin will reach Moon - calculations & TA
Post by: okthen on June 08, 2014, 08:24:20 PM
Best piece of TA around for a while ;)
But I thought we'd established bitcoin would reach Jupiter!


Title: Re: When bitcoin will reach Moon - calculations & TA
Post by: DolanDuck on June 08, 2014, 09:05:44 PM
Nice analisys you made me laugh, now we can fix the moon price at 36310,4$, I hope we will get there soon!


Title: Re: When bitcoin will reach Moon - calculations & TA
Post by: BitcoinBobbeh on June 08, 2014, 10:03:16 PM
Let's just make it official.

We can only use the phrase "we've landed" after $36,000.


Title: Re: When bitcoin will reach Moon - calculations & TA
Post by: zimmah on June 08, 2014, 10:11:24 PM
where did you find a car that can drive to the moon?

also, besides steering you don't need any extra fuel to travel a greater distance in space. Since in space there's pretty much no friction, so once you are at speed you stay at speed.

Most of the fuel requirements would be due to the takeoff, and adding more distance will not really require all that much more fuel at all.


Title: Re: When bitcoin will reach Moon - calculations & TA
Post by: okthen on June 08, 2014, 11:16:11 PM
Let's just make it official.

We can only use the phrase "we've landed" after $36,000.

I will remember this Bobbeh!
We may also say "a small step for bitcoin, a big step for freedom".


Title: Re: When bitcoin will reach Moon - calculations & TA
Post by: joeventyra on June 08, 2014, 11:20:27 PM
Distance from Earth to the Moon is not constants, but I think we can assume its 363 104 km (perigee).

Gas price differs depending on the car and gas price, but I think that 0.1$ per km is reasonable.  

So to buy enough gas to drive from Earth to the Moon one need to sell his 1BTC for 36310,4$.

https://i.imgur.com/ZzuGU8o.gif

Hope we will reach Moon soon, next stop Mars !

Now that's some great math!


Title: Re: When bitcoin will reach Moon - calculations & TA
Post by: bitllionaire on June 09, 2014, 01:01:56 AM
i hope that we have reached 10000$ by the end of the year


Title: Re: When bitcoin will reach Moon - calculations & TA
Post by: Harley997 on June 09, 2014, 01:54:52 AM
It is very difficult to calculate when a specific "investment" or security will reach a certain price.

I would accept that BTC is a good long term investment (although a highly speculative one) that will likely provide great returns for those who have the stomach for the volatility.

With that being said you should not risk any funds in BTC that you cannot afford to lose.