1BTC is equal to 10347 dollars

[Barbut]

Complete non-sense. Statistical data and calculation algorithm... bla bla bla

The real value of Bitcoin (and any other product/service) is what client/buyer is ready to pay. Everything else is just speculation. Opinion at best. Too many people nowadays are taking finance decision on opinions, but facts.

Reading analytics is always difficult. It is necessary to think. It is much easier to jump in the clouds.
And when you jumped on emotions, it still hurts to fall.

I think that this predictions are nonsenses too, no one can say how much dollars can worth single bitcoin. It can worth $1 or $1M, if conditions are right. What I read this days on twitter is that experts who predicted recovery at $20k and even higher prices are now saying how they were wrong, nobody is an expert when it comes to predicting bitcoin price.
I was wrong so many times with my predictions about bitcoin prices, I will not make any more predictions, I will just do what market dictate, if its time to buy I will buy, when I think I have nice profit I will sell, and like that. Who knows what can happen in few years, main thing is that i`m open for everything.

[moseich]

I think that this predictions are nonsenses too, no one can say how much dollars can worth single bitcoin. It can worth $1 or $1M, if conditions are right. What I read this days on twitter is that experts who predicted recovery at $20k and even higher prices are now saying how they were wrong, nobody is an expert when it comes to predicting bitcoin price.
I was wrong so many times with my predictions about bitcoin prices, I will not make any more predictions, I will just do what market dictate, if its time to buy I will buy, when I think I have nice profit I will sell, and like that. Who knows what can happen in few years, main thing is that i`m open for everything.

The amount of 10347 is not a forecast. This is math.
And when the market goes this way, this is a forecast. Will watch.

[NeuroticFish]

The amount of 10347 is not a forecast. This is math.

I like the result, but I don't agree with the logic. You know that in math, if the input is wrong, the output will most probably incorrect, right? So "this is math" is not enough.
For example, if you make the same calculation for USD cents and satoshi, instead of Dollars and Bitcoins, the result is already different. How about that?

[fabiorem]

True, and thats why you should not sell.

People who are praying for bitcoin, who see bitcoin as a kind of religion, who think faith will make the price go up, are the most likely to sell. They are desperate and need assurance for not selling, so they resort to faith.

But this is a irrational behaviour. Your post is the rational answer.

If you sell now, you are selling to Wall Street.

[moseich]

I like the result, but I don't agree with the logic. You know that in math, if the input is wrong, the output will most probably incorrect, right? So "this is math" is not enough.
For example, if you make the same calculation for USD cents and satoshi, instead of Dollars and Bitcoins, the result is already different. How about that?

OK no problem.
1 btc=100 m satoshi
1 dollar = 100 cent
The total number of Satoshi 1 743 673 700 000 000.
Each outlet gives a capitalization of 10,316 ounces
Multiply by the number of outlet that work with Satoshi 14125.
We get 145,971,400 ounces. Capitalization Satoshi.
Divide by the amount of satoshi. It turns out 0, 0000000837148 ounces for 1 satoshi.
One ounce costs 123600 cents.
It turns out 0,010347 cents worth one satoshi.