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Author Topic: Monthly average USD/bitcoin price & trend  (Read 115647 times)
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AizenSou
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February 24, 2015, 10:34:47 PM
 #581

Our only hope is now on the Winklevii brothers to deliver a solid alternative with the Gemini exchange. I really really really hope they don't fuck up, that would be terrible. If even the supposedly trusteable exchanges like theirs fail to be solid, then it's game over.

Well, that sounds really really pathetic.
Why would we be dependent on two twins.
If bitcoin was only dependent on them, it would be a *massive* failure already.

+1 true.
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August 22, 2015, 02:01:16 AM
 #582

using today's values based on OP's formula the bit coin price should be:


10^(-2.869800 + 0.003012 * ((number of days since 2009 Jan 03)/days)) =

$26,439


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rpietila
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August 22, 2015, 06:38:50 AM
 #583

using today's values based on OP's formula the bit coin price should be:


10^(-2.869800 + 0.003012 * ((number of days since 2009 Jan 03)/days)) =

$26,439

The coefficients -2.8698 and 0.003012 are dynamic and recalculated daily from past price data.

So it's more like $5,000 now - which still IS somewhat higher than the actual price  Cheesy
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August 30, 2015, 12:11:54 PM
 #584

Not sure if this has been posted but this is the calculation of where today's price is versus the trend line
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