Bitcoin Forum
December 12, 2017, 01:21:34 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   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: 1638


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)  
1513041694
Hero Member
*
Offline Offline

Posts: 1513041694

View Profile Personal Message (Offline)

Ignore
1513041694
Reply with quote  #2

1513041694
Report to moderator
1513041694
Hero Member
*
Offline Offline

Posts: 1513041694

View Profile Personal Message (Offline)

Ignore
1513041694
Reply with quote  #2

1513041694
Report to moderator
1513041694
Hero Member
*
Offline Offline

Posts: 1513041694

View Profile Personal Message (Offline)

Ignore
1513041694
Reply with quote  #2

1513041694
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
ArticMine
Legendary
*
Offline Offline

Activity: 2086


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: 1638


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: 2086


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: 1638


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!