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Author Topic: Data proves Bitcoins are rising to 1000+  (Read 6620 times)
Chick (OP)
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June 17, 2011, 05:26:53 PM
Last edit: June 17, 2011, 09:31:45 PM by Chick
 #1



This is proven with a mathematical linear regression, which is used by market experts to forecast future values. This regression clearly shows a trend towards 1000+, and could possibly even hit over 9000!

Buy everything!

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Adam
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June 17, 2011, 05:28:35 PM
 #2

Facts are meaningless. You could use facts to prove anything that's even remotely true.

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June 17, 2011, 05:30:56 PM
 #3



This is proven with a mathematical linear regression, which is used by market experts to forecast future values. This regression clearly shows a trend towards 1000+, and could possibly even hit over 9000! Buy everything.

I agree, it is now BEST time to buy. BUY BUY BUY.

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June 17, 2011, 05:34:35 PM
 #4

Facts are meaningless. You could use facts to prove anything that's even remotely true.

Glad to see someone has a sense of humor.
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June 17, 2011, 05:35:06 PM
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June 17, 2011, 05:43:47 PM
 #6

... or to paraphrase: "...feels like snail a** ride" lol

Nice graphics Blitzboom!  Grin
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June 17, 2011, 05:47:07 PM
 #7



^^

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Chick (OP)
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June 17, 2011, 08:59:58 PM
 #8

Bump

The_Duke
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June 17, 2011, 09:01:33 PM
 #9

over 9000!

I loled.  Grin

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Vince Torres
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June 17, 2011, 09:06:15 PM
 #10

Technically its possible since there's only a certain amount that will ever be made.

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June 17, 2011, 09:09:25 PM
 #11

Technically its possible since there's only a certain amount that will ever be made.

yeah, technically it's possible. Theoretically as well. But practically bitcoin is a speculation object that will only last until the majority of people realises that you can buuy about as much with a bitcoin as you can with a river pebble. Maybe even less.

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June 17, 2011, 09:19:23 PM
 #12

You speculate every day you carry dollars, too.

You're holding on to them in good faith that the government won't screw up horribly and devalue them somehow. And unfortunately, that is the case. It is just a matter of 'when' the massive debts the U.S. is carrying crash upon our heads. There is no such thing as perfectly 'safe', but you better bet I'd rather hold bitcoins in the long run than fancy green toilet paper.


fortitudinem multis - catenum regit omnia
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June 17, 2011, 09:24:28 PM
 #13

You speculate every day you carry dollars, too.

You're holding on to them in good faith that the government won't screw up horribly and devalue them somehow. And unfortunately, that is the case. It is just a matter of 'when' the massive debts the U.S. is carrying crash upon our heads. There is no such thing as perfectly 'safe', but you better bet I'd rather hold bitcoins in the long run than fancy green toilet paper.



truth
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June 17, 2011, 09:28:12 PM
 #14

You speculate every day you carry dollars, too.

You're holding on to them in good faith that the government won't screw up horribly and devalue them somehow. And unfortunately, that is the case. It is just a matter of 'when' the massive debts the U.S. is carrying crash upon our heads. There is no such thing as perfectly 'safe', but you better bet I'd rather hold bitcoins in the long run than fancy green toilet paper.




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June 17, 2011, 09:34:09 PM
 #15

@finnthecelt

Haha, nice. Weimar cash pictures, the first is a lady burning them for heat. The second shot I suppose is a man out to buy a loaf of bread. Or to stop up a leak in a basement wall. Smiley

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June 17, 2011, 10:45:50 PM
 #16

lol
+1!
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June 18, 2011, 04:07:47 AM
 #17



LOL

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June 18, 2011, 05:32:29 AM
 #18

I think we got ourselves a bitcoin meme!

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June 18, 2011, 05:50:09 AM
 #19

You speculate every day you carry dollars, too.

You're holding on to them in good faith that the government won't screw up horribly and devalue them somehow. And unfortunately, that is the case. It is just a matter of 'when' the massive debts the U.S. is carrying crash upon our heads. There is no such thing as perfectly 'safe', but you better bet I'd rather hold bitcoins in the long run than fancy green toilet paper.



I remember in the 90's getting $1.35 or more canadian per US dollar now they are on par. 
jatajuta
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June 18, 2011, 06:08:44 AM
 #20

I remember in the 90's getting $1.35 or more canadian per US dollar now they are on par.  

And i remember in 2008 getting $2.50 or more Brazilian real per US dollar now they are $1.55.

I think the world is realizing our big friend on north will not repay his debts.

Sad is all the world's currency will devaluate when us dollar starts to be worthless, imagine what will happen with bitcoin when people realize they can use a p2p currency that is safer than Fed's toilet paper.

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