Bitcoin will reach 9704,76939 EUR in 2023

[york780]

TOTAL INCREASE IN REFERENCE WITH 2017    % CHANCE                     BTC START PRICE                             

2011 = 1156 EUR       = 1                      =2313079,9%                      0,05    EUR                                       
2013 = 1143 EUR       = 0.98                  =6065,85%                         10,12   EUR
2015 = 952,06 EUR    = 0,83                  =451,19%                           265,07 EUR
2016 = 761,94  EUR   = 0,79                  =189,8%                             391,96 EUR

So this will mean that +/- bitcoin is growing every year -10% stagnation.

2017 will be 1156 x +/- 1,67           = 1930,52 EUR at the end of the year.
2018 will be 1930,52 x +/- 1,57       = 3030,9164 EUR at the end ot the year
2019 will be 3030,9164 x +/- 1,47   = 4455,44711 EUR
2020 will be 4455,44711 x +/- 1,37  = 6103,96 EUR
2021 will be 6103,96 x +/- 1,27       = 7752,03 EUR
2022 will be 7752,03 x +/- 1,17       = 9069,87 EUR
2023 will be 9069,87 x +/-1,07        = 9704,76939 EUR
 

Just a nice formula for BTC price. So hold till year 2023  if BTC trend keeps kicking!
Any suggestions ? HODL

[Wilhelm]

Yeah why not ...

You should take into account that there have been quite some halvings and they are becoming more rare.
Also Bitcoin is getting adopted and is getting more stable.

Hopefully we will soon be talking about mBTC. This will change the human perspective and might push Bitcoin to new limits.


Anyhow ... grab dem crystal balls and pull TA out of it

[Febo]

TOTAL INCREASE IN REFERENCE WITH 2017    % CHANCE                     BTC START PRICE                             

2011 = 1156 EUR       = 1                      =2313079,9%                      0,05    EUR                                       
2013 = 1143 EUR       = 0.98                  =6065,85%                         10,12   EUR
2015 = 952,06 EUR    = 0,83                  =451,19%                           265,07 EUR
2016 = 761,94  EUR   = 0,79                  =189,8%                             391,96 EUR

So this will mean that +/- bitcoin is growing every year -10% stagnation.

2017 will be 1156 x +/- 1,67           = 1930,52 EUR at the end of the year.
2018 will be 1930,52 x +/- 1,57       = 3030,9164 EUR at the end ot the year
2019 will be 3030,9164 x +/- 1,47   = 4455,44711 EUR
2020 will be 4455,44711 x +/- 1,37  = 6103,96 EUR
2021 will be 6103,96 x +/- 1,27       = 7752,03 EUR
2022 will be 7752,03 x +/- 1,17       = 9069,87 EUR
2023 will be 9069,87 x +/-1,07        = 9704,76939 EUR
 

Just a nice formula for BTC price. So hold till year 2023  if BTC trend keeps kicking!
Any suggestions ? HODL

Question is if current price is real price of Bitcoin. It could be $800 or $2000. All your calculations would totally change if that would be the case.  I think next week we will see big correction toward more real price.  so you are welcome to make this calculation again 2 weeks from now and we will compare year 2023 results.

[Meuh6879]

2017 will be 1156 x +/- 1,67           = 1930,52 EUR at the end of the year.

too small ... really too small.

[cellard]

2017 will be 1156 x +/- 1,67           = 1930,52 EUR at the end of the year.

too small ... really too small.

I would like a bigger increase too. By 2026, I would like to see 100k. If bitcoin grows, it will be exponential. I don't believe in sustained, lateral growth in technology that goes against the established, and bitcoin is the biggest disruption ever. It can only end up in a massive price explosion upwards.