Extrapolation Hardcore

[jubalix]

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



edit fixed it up a bit

[FiatKiller]

I'd better start hoarding then. I'll take it!

[Jozzaboy]

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

[jubalix]

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

[Jozzaboy]

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.

[Crypt_Current]

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.

I would if I had 10k USD 

[Jozzaboy]

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.

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 

[MOB]

Guess I will save 100 BTC and cash out the rest.  Looks like I should be good till I become a multi-billionaire!

[jubalix]

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

[4mherewego]

 

[mvidetto]

I like the chart it's nice to know someone actually knows how to graph exponential around here.

[IIOII]

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)

[Jozzaboy]

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"