Zangelbert Bingledack (OP)
Legendary
 Offline
Activity: 1036
Merit: 1000
|
 |
February 22, 2013, 04:56:46 PM |
|
Simple extrapolation of the very steady exponential growth trend since January.
That also means we pass $50 by late March.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
DeathAndTaxes
Donator
Legendary
Offline
Activity: 1218
Merit: 1079
Gerald Davis
|
|
February 22, 2013, 04:58:50 PM |
|
|
|
|
|
|
cbeast
Donator
Legendary
Offline
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
|
|
February 22, 2013, 04:59:08 PM |
|
I'm not sure if we are geometric or exponential yet. Is the user base really growing, or are the current users doubling down?
|
Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
|
|
|
|
Vladimir
|
|
February 22, 2013, 04:59:29 PM |
|
Even though simple extrapolation works only until it stops working, you might be right. Let's wait and see.
|
-
|
|
|
urwhatuknow
Sr. Member
Offline
Activity: 446
Merit: 250
CAT.EX Exchange
|
|
February 22, 2013, 06:00:05 PM |
|
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 (OP)
Legendary
Offline
Activity: 1036
Merit: 1000
|
|
February 22, 2013, 06:49:40 PM |
|
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
Legendary
Offline
Activity: 1246
Merit: 1014
Strength in numbers
|
|
February 22, 2013, 07:03:09 PM |
|
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 $100 before the date will be April 31st? |
Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone. |
|
|
Puppet
Legendary
Offline
Activity: 980
Merit: 1040
|
|
February 22, 2013, 07:26:51 PM |
|
Im guessing we will hit that before February 29th. Anyone taking bets?
(the first of which occurs in 2016 for anyone not paying attention, its a leap day)
|
|
|
|
|
|
gimme_bottles
|
|
February 22, 2013, 08:29:29 PM |
|
Im guessing we will hit that before February 29th. Anyone taking bets?
(the first of which occurs in 2016 for anyone not paying attention, its a leap day)
100$ by 31st April would be crazy, but this is ridiculous... |
|
|
|
|
piramida
Legendary
Offline
Activity: 1176
Merit: 1010
Borsche
|
|
February 22, 2013, 08:31:02 PM |
|
He didn't specify which year would have Feb 29, so not betting  |
i am satoshi
|
|
|
proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
|
|
February 22, 2013, 08:41:42 PM |
|
Chances are better we'll see single digits, I think.
|
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
|
|
|
Puppet
Legendary
Offline
Activity: 980
Merit: 1040
|
|
February 22, 2013, 09:17:09 PM |
|
Im guessing we will hit that before February 29th. Anyone taking bets?
(the first of which occurs in 2016 for anyone not paying attention, its a leap day)
100$ 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
|
|
February 22, 2013, 09:28:15 PM |
|
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
|
|
February 22, 2013, 09:39:30 PM |
|
Chances are better we'll see single digits, I think.
Single digits by April 31st - meaning never, right? |
|
|
|
|
Zangelbert Bingledack (OP)
Legendary
Offline
Activity: 1036
Merit: 1000
|
|
March 04, 2013, 05:22:14 PM |
|
We remain on target  |
|
|
|
|
Zangelbert Bingledack (OP)
Legendary
Offline
Activity: 1036
Merit: 1000
|
|
March 14, 2013, 02:48:43 PM
Last edit: March 14, 2013, 03:19:05 PM by 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
Legendary
Offline
Activity: 1722
Merit: 1003
|
|
March 14, 2013, 05:27:27 PM |
|
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? |
Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
|
|
|
afbitcoins
Legendary
Offline
Activity: 2100
Merit: 1061
|
|
March 15, 2013, 11:53:30 AM |
|
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
|
|
March 15, 2013, 12:12:52 PM |
|
Ah, log charts. Can we see this on a log base-1000 chart, please?
do you know what a logarithm is? |
|
|
|
|
Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
|
|
March 15, 2013, 12:31:41 PM |
|
Based on that chart, price would reach $1,000 before year end.
|
|
|
|
|
