Elwar (OP)
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Viva Ut Vivas
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April 05, 2013, 12:43:57 AM
Last edit: April 05, 2013, 05:13:09 AM by Elwar |
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Bitcoin increased 1473% in one year!
$.30 to $4.72....in 2011 (1473%)
$4.72 to $13.50...in 2012 (186%)
So far in 2013:
$13.50 to $130 (863%)
For a 1473% jump for the year the price would need to reach:
$212.35
We are only slightly ahead of our 2011 pace.
Then again, Bitcoin is becoming much more popular and the world is a lot less stable.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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smoothie
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LEALANA Bitcoin Grim Reaper
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April 05, 2013, 12:50:16 AM |
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add a measurement of how much more uses bitcoin has now. then plot that as a ratio and see how undervalued we are.
1 stock of the DJIA is $14,000...
1 bitcoin can easily get there in a year or two
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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justusranvier
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April 05, 2013, 12:54:53 AM |
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Then again, Bitcoin is becoming much more popular and the world is a lot less stable. The bitcoin economy is more developed. The support infrastructure is better than it was in 2011 even if it is struggling to keep up with the load. There are a lot more you can do with bitcoins now. |
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BIGMERVE
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April 05, 2013, 01:35:21 AM |
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Bitcoin increased 1573% in one year!
$.30 to $4.72....in 2011 (1573%)
$4.72 to $13.50...in 2012 (286%)
So far in 2013:
$13.50 to $130 (963%)
For a 1573% jump for the year the price would need to reach:
$212.35
We are only slightly ahead of our 2011 pace.
Then again, Bitcoin is becoming much more popular and the world is a lot less stable.
We'll be there next week. |
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yokosan
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April 05, 2013, 04:24:16 AM |
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The question is not if we will reach the 2011 increase, but when.
And the answer is probably this month.
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Aozora21
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April 05, 2013, 04:28:26 AM |
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any idea whats causing the halt at the 133 area?
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Crazy
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April 05, 2013, 04:30:21 AM |
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Still doing percent increase wrong? $0.30 -> $4.72 = 1473%, not 1573%. $4.72 -> $13.50 = 186%. Not going to take your market predictions to heart, no offense.
And BTC... popular? I just asked my VPS provider to either re-price my monthly dues at current market value of BTC (it's a $5/mo VPS now invoicing me for $14/mo in BTC), or let me pay with Paypal. I'm actually annoyed with BTC. Go figure.
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Elon Krusky
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notme
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April 05, 2013, 04:31:48 AM |
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any idea whats causing the halt at the 133 area?
gremlins |
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Aozora21
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April 05, 2013, 04:35:43 AM |
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any idea whats causing the halt at the 133 area?
gremlins lol well someone stop getting them wet |
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Rallye
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April 05, 2013, 04:43:06 AM |
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212 huh? so are you saying this will be the "boiling point" at which we stop going up and the price comes crashing down? hehe
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Elwar (OP)
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Viva Ut Vivas
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April 05, 2013, 05:12:20 AM |
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Still doing percent increase wrong? $0.30 -> $4.72 = 1473%, not 1573%. $4.72 -> $13.50 = 186%. Not going to take your market predictions to heart, no offense.
Ahh, yep. I just divided then moved the decimal not taking into account the original value. The ratio is the same for the $212 estimate though. And BTC... popular? I just asked my VPS provider to either re-price my monthly dues at current market value of BTC (it's a $5/mo VPS now invoicing me for $14/mo in BTC), or let me pay with Paypal. I'm actually annoyed with BTC. Go figure. My hosting service adjusts the cost in BTC based on the dollar cost. Check out Bitronic. I pay $66/month for a dedicated server. Last month that was 1.4 BTC, this month it will be less than 1 BTC. |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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casascius
Mike Caldwell
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The Casascius 1oz 10BTC Silver Round (w/ Gold B)
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April 05, 2013, 05:21:38 AM |
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Price of a bottle of water before public water supply contamination event: 99 cents
Price of a bottle of water after one: $10
It's a 1000% increase! Must be a bubble! Sell your bottled water before it all crashes!
(It's sort of like Bitcoin, with one minor difference: They'll fix the public water supply soon enough, but the broken financial system that's making Bitcoin look good isn't going to be fixed any time soon.)
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Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable. I never believe them. If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins. I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion. Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice. Don't keep coins online. Use paper or hardware wallets instead.
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smoothie
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LEALANA Bitcoin Grim Reaper
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April 05, 2013, 06:34:56 AM |
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Price of a bottle of water before public water supply contamination event: 99 cents
Price of a bottle of water after one: $10
It's a 1000% increase! Must be a bubble! Sell your bottled water before it all crashes!
(It's sort of like Bitcoin, with one minor difference: They'll fix the public water supply soon enough, but the broken financial system that's making Bitcoin look good isn't going to be fixed any time soon.)
Love the analogy haha  |
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███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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ManBearPig
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April 05, 2013, 10:25:39 AM |
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The run-up to the 2011 crash saw a 3,800% increase in just 58 days. A correction was inevitable.  |
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afbitcoins
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April 05, 2013, 11:44:35 PM |
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Thats really interesting. Wonder if theres a way to include foreign language searches for the same thing so its not just english speaking countries |
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