Bitcoin Forum
June 21, 2018, 02:57:34 AM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Poll
Question: what percentage will bitcoin price rise in 2013 ?  (Voting closed: December 08, 2013, 08:09:59 PM)
900 - 1000 % - 6 (12.2%)
1000 - 1100 % - 7 (14.3%)
1100 - 1200 % - 1 (2%)
1200 - 1500 % - 8 (16.3%)
1500 - 2000 % - 9 (18.4%)
more than 2000 % - 6 (12.2%)
less then 900 % - 12 (24.5%)
Total Voters: 49

Pages: [1]
  Print  
Author Topic: % increase in 2013  (Read 777 times)
600watt
Legendary
*
Offline Offline

Activity: 1750
Merit: 1147


View Profile
October 09, 2013, 08:09:59 PM
 #1

bitcoins past years performances were astonishing. 2013 is also looking good. but how good ?

reference is $ 13,- (gox)  
1529549854
Hero Member
*
Offline Offline

Posts: 1529549854

View Profile Personal Message (Offline)

Ignore
1529549854
Reply with quote  #2

1529549854
Report to moderator
1529549854
Hero Member
*
Offline Offline

Posts: 1529549854

View Profile Personal Message (Offline)

Ignore
1529549854
Reply with quote  #2

1529549854
Report to moderator
1529549854
Hero Member
*
Offline Offline

Posts: 1529549854

View Profile Personal Message (Offline)

Ignore
1529549854
Reply with quote  #2

1529549854
Report to moderator
The World's Betting Exchange

Bet with play money. Win real Bitcoin. 5BTC Prize Fund for World Cup 2018.

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1529549854
Hero Member
*
Offline Offline

Posts: 1529549854

View Profile Personal Message (Offline)

Ignore
1529549854
Reply with quote  #2

1529549854
Report to moderator
1529549854
Hero Member
*
Offline Offline

Posts: 1529549854

View Profile Personal Message (Offline)

Ignore
1529549854
Reply with quote  #2

1529549854
Report to moderator
1529549854
Hero Member
*
Offline Offline

Posts: 1529549854

View Profile Personal Message (Offline)

Ignore
1529549854
Reply with quote  #2

1529549854
Report to moderator
ArticMine
Legendary
*
Offline Offline

Activity: 2198
Merit: 1011


Monero Core Team


View Profile
October 09, 2013, 08:21:42 PM
 #2

I am curious. What price data are you using for 2009 and 2010? BTC/USD closed at 0.300 in December 2010 and the "pizza valuation" placed the BTC/USD rate at 0.0025 in May 2010.  387% is way low for 2010 by several orders of magnitude. My understanding is a BTC/USD rate of about 0.001 in January 2010.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
600watt
Legendary
*
Offline Offline

Activity: 1750
Merit: 1147


View Profile
October 09, 2013, 08:30:35 PM
 #3

I am curious. What price data are you using for 2009 and 2010? BTC/USD closed at 0.300 in December 2010 and the "pizza valuation" placed the BTC/USD rate at 0.0025 in May 2010.  387% is way low for 2010 by several orders of magnitude. My understanding is a BTC/USD rate of about 0.001 in January 2010.

i just copied & pasted it from some other thread. i guess i should look closer. if you have data please share.
ArticMine
Legendary
*
Offline Offline

Activity: 2198
Merit: 1011


Monero Core Team


View Profile
October 09, 2013, 08:54:23 PM
 #4

Quote
2009 Exchange RateThis is a featured page
BitcoinDuring 2009 my exchange rate was calculated by dividing $1.00 by the average amount of electricity required to run a computer with high CPU for a year, 1331.5 kWh, multiplied by the the average residential cost of electricity in the United States for the previous year, $0.1136, divided by 12 months divided by the number of bitcoins generated by my computer over the past 30 days.

Current Exchange Rate

Mid-Market Bitcoin Exchange Rate History
$1.00 USD   =   1,392.33 BTC   01/01-15/2010
$1.00 USD   =   1,451.83 BTC   12/31/2009
$1.00 USD   =   1,555.24 BTC   12/30/2009
$1.00 USD   =   1,578.77 BTC   12/29/2009
$1.00 USD   =   1,578.77 BTC   12/28/2009
$1.00 USD   =   1,578.77 BTC   12/27/2009
$1.00 USD   =   1,578.77 BTC   12/26/2009
$1.00 USD   =   1,578.77 BTC   12/25/2009
$1.00 USD   =   1,578.77 BTC   12/24/2009
$1.00 USD   =   1,578.77 BTC   12/23/2009
$1.00 USD   =   1,578.77 BTC   12/22/2009
$1.00 USD   =   1,594.63 BTC   12/21/2009
$1.00 USD   =   1,594.63 BTC   12/20/2009
$1.00 USD   =   1,586.70 BTC   12/19/2009
$1.00 USD   =   1,622.40 BTC   12/18/2009
$1.00 USD   =   1,630.33 BTC   12/17/2009
$1.00 USD   =   1,606.53 BTC   12/16/2009
$1.00 USD   =   1,626.37 BTC   12/15/2009
$1.00 USD   =   1,626.37 BTC   12/14/2009
$1.00 USD   =   1,618.43 BTC   12/13/2009
$1.00 USD   =   1,562.90 BTC   12/12/2009
$1.00 USD   =   1,503.40 BTC   12/11/2009
$1.00 USD   =   1,491.50 BTC   12/10/2009
$1.00 USD   =   1,455.80 BTC   12/09/2009
$1.00 USD   =   1,428.03 BTC   12/08/2009
$1.00 USD   =   1,392.33 BTC   12/07/2009
$1.00 USD   =   1,364.56 BTC   12/06/2009
$1.00 USD   =   1,336.80 BTC   12/05/2009
$1.00 USD   =   1,340.76 BTC   12/04/2009
$1.00 USD   =   1,297.13 BTC   12/03/2009
$1.00 USD   =   1,257.46 BTC   12/02/2009
$1.00 USD   =   1,233.66 BTC   12/01/2009
$1.00 USD   =   1,213.83 BTC   11/30/2009
$1.00 USD   =   1,205.89 BTC   11/29/2009
$1.00 USD   =   1,178.13 BTC   11/28/2009
$1.00 USD   =   1,162.26 BTC   11/27/2009
$1.00 USD   =   1,114.66 BTC   11/26/2009
$1.00 USD   =   1,110.69 BTC   11/25/2009
$1.00 USD   =   1,078.96 BTC   11/24/2009
$1.00 USD   =   999.62 BTC   11/23/2009
$1.00 USD   =   944.09 BTC   11/22/2009
$1.00 USD   =   940.12 BTC   11/21/2009
$1.00 USD   =   928.22 BTC   11/20/2009
$1.00 USD   =   932.19 BTC   11/19/2009
$1.00 USD   =   904.42 BTC   11/18/2009
$1.00 USD   =   848.89 BTC   11/17/2009
$1.00 USD   =   840.96 BTC   11/16/2009
$1.00 USD   =   809.22 BTC   11/15/2009
$1.00 USD   =   777.49 BTC   11/14/2009
$1.00 USD   =   737.82 BTC   11/13/2009
$1.00 USD   =   745.75 BTC   11/12/2009
$1.00 USD   =   769.55 BTC   11/11/2009
$1.00 USD   =   809.22 BTC   11/10/2009
$1.00 USD   =   793.35 BTC   11/09/2009
$1.00 USD   =   793.35 BTC   11/08/2009
$1.00 USD   =   781.45 BTC   11/07/2009
$1.00 USD   =   777.49 BTC   11/06/2009
$1.00 USD   =   765.59 BTC   11/05/2009
$1.00 USD   =   765.59 BTC   11/04/2009
$1.00 USD   =   785.42 BTC   11/03/2009
$1.00 USD   =   796.09 BTC   11/02/2009
$1.00 USD   =   820.27 BTC   11/01/2009
$1.00 USD   =   802.17 BTC   10/31/2009
$1.00 USD   =   796.41 BTC   10/30/2009
$1.00 USD   =   790.17 BTC   10/29/2009
$1.00 USD   =   778.48 BTC   10/28/2009
$1.00 USD   =   791.63 BTC   10/27/2009
$1.00 USD   =   789.75 BTC   10/26/2009
$1.00 USD   =   776.35 BTC   10/25/2009
$1.00 USD   =   785.42 BTC   10/24/2009
$1.00 USD   =   795.44 BTC   10/23/2009
$1.00 USD   =   819.80 BTC   10/22/2009
$1.00 USD   =   826.02 BTC   10/21/2009
$1.00 USD   =   810.71 BTC   10/20/2009
$1.00 USD   =   801.29 BTC   10/19/2009
$1.00 USD   =   816.02 BTC   10/18/2009
$1.00 USD   =   805.56 BTC   10/17/2009
$1.00 USD   =   803.27 BTC   10/16/2009
$1.00 USD   =   854.66 BTC   10/15/2009
$1.00 USD   =   880.62 BTC   10/14/2009
$1.00 USD   =   885.91 BTC   10/13/2009
$1.00 USD   =   907.40 BTC   10/12/2009
$1.00 USD   =   867.02 BTC   10/11/2009
$1.00 USD   =   892.52 BTC   10/10/2009
$1.00 USD   =   833.02 BTC   10/09/2009
$1.00 USD   =   922.27 BTC   10/08/2009
$1.00 USD   =   952.02 BTC   10/07/2009
$1.00 USD   =   1,130.53 BTC   10/06/2009
$1.00 USD   =   1,309.03 BTC   10/05/2009

These quotes from http://newlibertystandard.wikifoundry.com/page/2009+Exchange+Rate. Many of the links from 2010 are dead so the data may have been lost. Here is another link for 2010 http://newlibertystandard.wikifoundry.com/page/Exchange+Rate

Using the figure for December 31, 2009 I get at BTC/USD rate of 0.00068879. and a % increase for 2010 of 43554.9%

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
600watt
Legendary
*
Offline Offline

Activity: 1750
Merit: 1147


View Profile
October 09, 2013, 09:18:07 PM
 #5

Quote
2009 Exchange RateThis is a featured page
BitcoinDuring 2009 my exchange rate was calculated by dividing $1.00 by the average amount of electricity required to run a computer with high CPU for a year, 1331.5 kWh, multiplied by the the average residential cost of electricity in the United States for the previous year, $0.1136, divided by 12 months divided by the number of bitcoins generated by my computer over the past 30 days.

Current Exchange Rate

Mid-Market Bitcoin Exchange Rate History
$1.00 USD   =   1,392.33 BTC   01/01-15/2010
$1.00 USD   =   1,451.83 BTC   12/31/2009
$1.00 USD   =   1,555...


These quotes from http://newlibertystandard.wikifoundry.com/page/2009+Exchange+Rate. Many of the links from 2010 are dead so the data may have been lost. Here is another link for 2010 http://newlibertystandard.wikifoundry.com/page/Exchange+Rate

Using the figure for December 31, 2009 I get at BTC/USD rate of 0.00068879. and a % increase for 2010 of 43554.9%

mhh... thanks for the good news. will change my sig accordingly. ty
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!