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Author Topic: #bitcoin will do $100 in July '13 and about $1,600 in July 2014 @TeringNering  (Read 929 times)
henq (OP)
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August 03, 2012, 12:18:29 AM
 #1

Simple constant growth extrapolation, with linear fit on log scale ->

same % growth for each equal distance horizontal.

https://twitter.com/TeringNering/status/231177017079504896/photo/1

Neglecting the May-Nov 2011 media hype bubble.

 
Realistic?



jimbobway
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August 03, 2012, 12:20:24 AM
 #2

I like the way you think.
bitcoinville
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August 03, 2012, 12:42:42 AM
 #3

lol not so fast
DeathAndTaxes
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August 03, 2012, 02:21:13 AM
 #4

...
and $429,496,729,600 by July 2020! 

Sweet.  I can't wait.
jasinlee
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August 03, 2012, 02:30:43 AM
 #5

Bitcoin > 401k ...enron...

BTC 1JASiNZxmAN1WBS4dmGEDoPpzN3GV7dnjX DVC 1CxxZzqcy7YEVXfCn5KvgRxjeWvPpniK3                     Earn Devcoins Devtome.com
BitCoiner2012
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August 03, 2012, 03:43:46 AM
 #6

Sounds.. delicious? Good time for discovery.

BTC Long.
jasinlee
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August 03, 2012, 03:59:38 AM
 #7

Time to start planning for my own personal island.

BTC 1JASiNZxmAN1WBS4dmGEDoPpzN3GV7dnjX DVC 1CxxZzqcy7YEVXfCn5KvgRxjeWvPpniK3                     Earn Devcoins Devtome.com
Camper69
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August 03, 2012, 04:00:28 AM
 #8

Time to start planning for my own personal island.
hahaha amen.
Meni Rosenfeld
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August 03, 2012, 04:07:22 AM
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http://xkcd.com/605/.

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henq (OP)
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August 03, 2012, 12:18:27 PM
 #10


 Grin  so true .... oth i see a stable growth pattern if one neglects may-nov 2011, aka as the 2011 btc hype episode.
So the exptrapolation is over the steady periods only, of about 1.8 year.


The recent rise form 7 to 11 usd is a bit too quick , as I see it, so we may see a drop back.  Also mark that the recent 7 to 11 rise is not that noticeable on the scale of the forecast graph. 

And then the number of coins will drop from 50 to 25 per mined block coming December...

I'll come back here in exactly 12 months and we'll all see !

"May you live in Interesting Bitcoin Times" as the old Chinese saying goes.


DutchBrat
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August 03, 2012, 12:27:53 PM
 #11

by that time my 225 BTC with pirate have grown to 227.000 BTC  Wink

So I will be worth well over $ 350 mln

Will it happen....  HELL YEAH !!! Grin
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