Prediction: $100 by April 31st

[Zangelbert Bingledack]

Simple extrapolation of the very steady exponential growth trend since January.

That also means we pass $50 by late March.

[DeathAndTaxes]

[cbeast]

I'm not sure if we are geometric or exponential yet. Is the user base really growing, or are the current users doubling down?

[Vladimir]

Even though simple extrapolation works only until it stops working, you might be right. Let's wait and see.

[urwhatuknow]

Great prediction!
You surely have a point when you say that Bitcoin will hit 100 usd by April 31st.
As a matter of fact April has only 30 days..... duh!
 
This should give a pretty good indication about the level of "irrational exuberance" we joined so far.
Beware son.....

[Zangelbert Bingledack]

I was wondering who'd be the first to notice my little gimmick  

Note: I assigned the prediction 20% confidence, meaning I have 80% confidence the price won't appreciate this rapidly - not very exuberant. It's just an interesting reference prediction to compare the actual results with to keep us sane if the price goes up even faster (probably that'd be a bubble), and if it conforms to the prediction people will freak out less than if I hadn't made this post.

I mostly just don't want to hear cries of "bubble" constantly as we climb what could be a gigantic wall of worry at what could be a breakneck, brain-destroying pace.

[FreeMoney]

Great prediction!
You surely have a point when you say that Bitcoin will hit 100 usd by April 31st.
As a matter of fact April has only 30 days..... duh!
 
This should give a pretty good indication about the level of "irrational exuberance" we joined so far.
Beware son.....

So you agree? The price will be $100 before the date will be April 31st?

[Puppet]

Im guessing we will hit that before February 29th. Anyone taking bets?

(the first of which occurs in 2016 for anyone not paying attention, its a leap day)

[gimme_bottles]

Im guessing we will hit that before February 29th. Anyone taking bets?

(the first of which occurs in 2016 for anyone not paying attention, its a leap day)

100$ by 31st April would be crazy, but this is ridiculous...

[piramida]

He didn't specify which year would have Feb 29, so not betting

[proudhon]

Chances are better we'll see single digits, I think.

[Puppet]

Im guessing we will hit that before February 29th. Anyone taking bets?

(the first of which occurs in 2016 for anyone not paying attention, its a leap day)

100$ by 31st April would be crazy, but this is ridiculous...

Bad enough you dont realize what February 29th is, and then you didnt even see what you quoted lol.
I removed the color tags for you. Or try highlighting the quote.

[gimme_bottles]

Im guessing we will hit that before February 29th. Anyone taking bets?

(the first of which occurs in 2016 for anyone not paying attention, its a leap day)

100$ by 31st April would be crazy, but this is ridiculous...

Bad enough you dont realize what February 29th is, and then you didnt even see what you quoted lol.
I removed the color tags for you. Or try highlighting the quote.

you got me... 

[Tirapon]

Chances are better we'll see single digits, I think.

Single digits by April 31st - meaning never, right?

[Zangelbert Bingledack]

We remain on target 

[Zangelbert Bingledack]

Still right on course.

If we hit $50 this week it'll be a bit early. My guess is next week, or possibly the week after.

[Melbustus]

Still right on course.

If we hit $50 this week it'll be a bit early. My guess is next week, or possibly the week after.

Ah, log charts. Can we see this on a log base-1000 chart, please?

[afbitcoins]

Nice prediction. I agree with the idea that the rally will continue past $50 with a breakout in the near future (as I've talked about in my blog) however I think the line will become steeper and rise quicker after $50 than it has in the rally so far.

[phatsphere]

Ah, log charts. Can we see this on a log base-1000 chart, please?

do you know what a logarithm is?

[Wekkel]

Based on that chart, price would reach $1,000 before year end.