Bitcoin Forum

Economy => Speculation => Topic started by: dree12 on January 26, 2013, 01:00:34 AM



Title: If 2013 repeated history...
Post by: dree12 on January 26, 2013, 01:00:34 AM
The values in the chart below would occur if 2013 decided to best match the patterns of 2011 and 2012, as well as the latter part of 2010. All values are in Mt. Gox USD. The spring slump, summer surge, fall correction, and winter renewal are clearly seen.
https://i.imgur.com/QfQjEUt.png


Title: Re: If 2013 repeated history...
Post by: jimbobway on January 26, 2013, 01:03:10 AM
Super duper speculation at it finest.  Nice work. :P


Title: Re: If 2013 repeated history...
Post by: nobbynobbynoob on January 26, 2013, 01:12:14 AM
I'd be quite surprised if the overall price change were flat through 2013! It seems that a good deal of bettors on Bets of Bitcoin expect BTC to top $100 US by April 2014, it was about even stevens either way last I looked.

Maybe $50-$80 per BTC by the end of the year? But don't quote me on it. :)


Title: Re: If 2013 repeated history...
Post by: twolifeinexile on January 28, 2013, 06:40:31 PM
Stable bitcoin prices maybe a good thing in the long run.
A stable rise is more momentum gathering.


Title: Re: If 2013 repeated history...
Post by: labestiol on January 29, 2013, 01:25:24 AM
Care to explain how you obtain that ?
It seems weird that by looking at past price, you obtain a flat projection. If past price tells us something, it's that this bitcoin thingy is getting more and more expensive.


Title: Re: If 2013 repeated history...
Post by: smoothie on January 29, 2013, 01:31:00 AM
OP that's a funny chart. You should make it go to $0.0001337 cents.


Title: Re: If 2013 repeated history...
Post by: Bitobsessed on January 29, 2013, 01:35:31 AM
OP that's a funny chart. You should make it go to $0.0001337 cents.
Hey, I see what you did!