Price, Date of Confirmation, Time since last confirmation
0, ?, ?
1, ?, ?
1, ?, ?
2, November 2011, ?
3, January 2012, 1 month
5, May 2012, 3 months
8, August 2012, 3 months
13, January 2013, 5 months
21, February 2013, 1 month
34, March 2013, 1 month
55, April 2013, 1 month (outside speculators coming in media induced "bubble" formed and pops bottoming at $55)
89, July 2013, 3 months
144, October 2013 3 months
233, November 2013, 1 month
377, November 2013 (real or speculation "bubble" forming?)
610, November 2013 (real or speculation "bubble" forming?)
987, November 2013 (real or speculation "bubble" forming?)
1597,
2584,
4181,
etc..
I'm no mathematician, but I see a pattern here. Don't I? According to this sequence, the confirmation of the $250 hasn't officially happened yet. I suspect the speculative bubble formed due to media attention, like it did in April. We need to test $250 again before heading to the next level in the sequence of $377, then $610, then $987 and so on.
The time scale is the only thing I'm uncertain about...
In fact, it even more resembles the green numbers shown on this website:
http://www.maths.surrey.ac.uk/hosted-sites/R.Knott/Fibonacci/fibtable.html. The green numbers are defined as "Every Fibonacci number bigger than 1 [except F(6)=8 and F(12)=144] has at least one prime factor that is not a factor of any earlier Fibonacci number." And the index numbers corresponding to the green numbers appear to follow the jerky time limits shown in the bitcoin prices above if you think of the index number in terms of months.
The green numbers preceded by the corresponding index numbers are as follows:
3:2
4:3
5:5
7:13
11:89
13:233 (projected for January 2014)
17:1597 (projected for May 2014)
23:28657 (projected for November 2014)
29: 514229 (projected for May 2015)
etc..
Ok, now the idea of bitcoin hitting half a million dollars in May 2015 seems pretty out there, but there it is...
Anyway, I just noticed this and thought it was interesting. I'm sure I'm not the first though.
There have been much smarter people than me studying bitcoin and the protocol for a lot longer than I have. But the protocol IS based on complex mathematics right? And Pi was an awesome movie... Could the Golden Spiral have been written into the code somehow? Or maybe I should stop smoking pot before looking at historical bitcoin charts?
