When has BTC ever achieved a consistent growth rate for more than a few weeks?
I guess the one example is November 2013. But otherwise?
Topic: 2% daily growth (Read 2872 times)
Assuming a steady 2% growth takes us above 1000 on about January 1st.
10 NOV 359.00
11 NOV 366.18
12 NOV 373.50
13 NOV 380.97
14 NOV 388.59
15 NOV 396.37
16 NOV 404.29
17 NOV 412.38
18 NOV 420.63
19 NOV 429.04
20 NOV 437.62
21 NOV 446.37
22 NOV 455.30
23 NOV 464.40
24 NOV 473.69
25 NOV 483.17
26 NOV 492.83
27 NOV 502.69
28 NOV 512.74
29 NOV 523.00
30 NOV 533.46
1 DEC 544.12
2 DEC 555.01
3 DEC 566.11
4 DEC 577.43
5 DEC 588.98
6 DEC 600.76
7 DEC 612.77
8 DEC 625.03
9 DEC 637.53
10 DEC 650.28
11 DEC 663.28
12 DEC 676.55
13 DEC 690.08
14 DEC 703.88
15 DEC 717.96
16 DEC 732.32
17 DEC 746.97
18 DEC 761.91
19 DEC 777.14
20 DEC 792.69
21 DEC 808.54
22 DEC 824.71
23 DEC 841.20
24 DEC 858.03
25 DEC 875.19
26 DEC 892.69
27 DEC 910.55
28 DEC 928.76
29 DEC 947.33
30 DEC 966.28
31 DEC 985.61
1 IAN 1005.32
But we all know it won't happen.
10 NOV 359.00
11 NOV 366.18
12 NOV 373.50
13 NOV 380.97
14 NOV 388.59
15 NOV 396.37
16 NOV 404.29
17 NOV 412.38
18 NOV 420.63
19 NOV 429.04
20 NOV 437.62
21 NOV 446.37
22 NOV 455.30
23 NOV 464.40
24 NOV 473.69
25 NOV 483.17
26 NOV 492.83
27 NOV 502.69
28 NOV 512.74
29 NOV 523.00
30 NOV 533.46
1 DEC 544.12
2 DEC 555.01
3 DEC 566.11
4 DEC 577.43
5 DEC 588.98
6 DEC 600.76
7 DEC 612.77
8 DEC 625.03
9 DEC 637.53
10 DEC 650.28
11 DEC 663.28
12 DEC 676.55
13 DEC 690.08
14 DEC 703.88
15 DEC 717.96
16 DEC 732.32
17 DEC 746.97
18 DEC 761.91
19 DEC 777.14
20 DEC 792.69
21 DEC 808.54
22 DEC 824.71
23 DEC 841.20
24 DEC 858.03
25 DEC 875.19
26 DEC 892.69
27 DEC 910.55
28 DEC 928.76
29 DEC 947.33
30 DEC 966.28
31 DEC 985.61
1 IAN 1005.32
But we all know it won't happen.
I can't force myrself to believe that your prediction, but I really wish it was true.
i would throw parties at 0.5% rise daily!
If this is the case we would also have a lot of new millionaire's so a pack of gum would probably be $100 anyway... Your "millions" will be useless, fiat always is!
Math isn't your strong suit, is it falllling?
Well even if a pack of gum was $110, my mortgage and all fixed interest debt agreements will be easily paid off with my new Bitcoin wealth. As will all my neighbors mortgages. And anyone's mortgage who didn't invest in at least a half a Bitcoin. ... At my discretion...
Yea, it would be a different world, and there are a lot of factors we could not possibly predict, but those who own Bitcoin will find themselves in a new position in life if they don't squander it.
I highly doubt this will happen anytime soon.
5% growth was basically short covering from the last weeks low.
5% growth was basically short covering from the last weeks low.
Here's what it would look like.
Date Price $ Growth
09-10-2014 370.0 18.5
10-10-2014 388.5 19.4
11-10-2014 407.9 20.4
12-10-2014 428.3 21.4
13-10-2014 449.7 22.5
14-10-2014 472.2 23.6
15-10-2014 495.8 24.8
16-10-2014 520.6 26.0
17-10-2014 546.7 27.3
18-10-2014 574.0 28.7
19-10-2014 602.7 30.1
20-10-2014 632.8 31.6
21-10-2014 664.5 33.2
22-10-2014 697.7 34.9
23-10-2014 732.6 36.6
24-10-2014 769.2 38.5
25-10-2014 807.7 40.4
26-10-2014 848.0 42.4
27-10-2014 890.4 44.5
28-10-2014 935.0 46.7
29-10-2014 981.7 49.1
30-10-2014 1030.8 51.5
31-10-2014 1082.3 54.1
01-11-2014 1136.5 56.8
02-11-2014 1193.3 59.7
03-11-2014 1253.0 62.6
04-11-2014 1315.6 65.8
05-11-2014 1381.4 69.1
06-11-2014 1450.4 72.5
07-11-2014 1523.0 76.1
08-11-2014 1599.1 80.0
09-11-2014 1679.1 84.0
10-11-2014 1763.0 88.2
11-11-2014 1851.2 92.6
12-11-2014 1943.7 97.2
13-11-2014 2040.9 102.0
14-11-2014 2143.0 107.1
15-11-2014 2250.1 112.5
16-11-2014 2362.6 118.1
17-11-2014 2480.8 124.0
18-11-2014 2604.8 130.2
19-11-2014 2735.0 136.8
20-11-2014 2871.8 143.6
21-11-2014 3015.4 150.8
22-11-2014 3166.1 158.3
23-11-2014 3324.5 166.2
24-11-2014 3490.7 174.5
25-11-2014 3665.2 183.3
26-11-2014 3848.5 192.4
27-11-2014 4040.9 202.0
28-11-2014 4242.9 212.1
29-11-2014 4455.1 222.8
30-11-2014 4677.8 233.9
01-12-2014 4911.7 245.6
02-12-2014 5157.3 257.9
03-12-2014 5415.2 270.8
04-12-2014 5685.9 284.3
05-12-2014 5970.2 298.5
06-12-2014 6268.8 313.4
07-12-2014 6582.2 329.1
08-12-2014 6911.3 345.6
09-12-2014 7256.9 362.8
10-12-2014 7619.7 381.0
11-12-2014 8000.7 400.0
12-12-2014 8400.7 420.0
13-12-2014 8820.8 441.0
14-12-2014 9261.8 463.1
15-12-2014 9724.9 486.2
16-12-2014 10211.1 510.6
Date Price $ Growth
09-10-2014 370.0 18.5
10-10-2014 388.5 19.4
11-10-2014 407.9 20.4
12-10-2014 428.3 21.4
13-10-2014 449.7 22.5
14-10-2014 472.2 23.6
15-10-2014 495.8 24.8
16-10-2014 520.6 26.0
17-10-2014 546.7 27.3
18-10-2014 574.0 28.7
19-10-2014 602.7 30.1
20-10-2014 632.8 31.6
21-10-2014 664.5 33.2
22-10-2014 697.7 34.9
23-10-2014 732.6 36.6
24-10-2014 769.2 38.5
25-10-2014 807.7 40.4
26-10-2014 848.0 42.4
27-10-2014 890.4 44.5
28-10-2014 935.0 46.7
29-10-2014 981.7 49.1
30-10-2014 1030.8 51.5
31-10-2014 1082.3 54.1
01-11-2014 1136.5 56.8
02-11-2014 1193.3 59.7
03-11-2014 1253.0 62.6
04-11-2014 1315.6 65.8
05-11-2014 1381.4 69.1
06-11-2014 1450.4 72.5
07-11-2014 1523.0 76.1
08-11-2014 1599.1 80.0
09-11-2014 1679.1 84.0
10-11-2014 1763.0 88.2
11-11-2014 1851.2 92.6
12-11-2014 1943.7 97.2
13-11-2014 2040.9 102.0
14-11-2014 2143.0 107.1
15-11-2014 2250.1 112.5
16-11-2014 2362.6 118.1
17-11-2014 2480.8 124.0
18-11-2014 2604.8 130.2
19-11-2014 2735.0 136.8
20-11-2014 2871.8 143.6
21-11-2014 3015.4 150.8
22-11-2014 3166.1 158.3
23-11-2014 3324.5 166.2
24-11-2014 3490.7 174.5
25-11-2014 3665.2 183.3
26-11-2014 3848.5 192.4
27-11-2014 4040.9 202.0
28-11-2014 4242.9 212.1
29-11-2014 4455.1 222.8
30-11-2014 4677.8 233.9
01-12-2014 4911.7 245.6
02-12-2014 5157.3 257.9
03-12-2014 5415.2 270.8
04-12-2014 5685.9 284.3
05-12-2014 5970.2 298.5
06-12-2014 6268.8 313.4
07-12-2014 6582.2 329.1
08-12-2014 6911.3 345.6
09-12-2014 7256.9 362.8
10-12-2014 7619.7 381.0
11-12-2014 8000.7 400.0
12-12-2014 8400.7 420.0
13-12-2014 8820.8 441.0
14-12-2014 9261.8 463.1
15-12-2014 9724.9 486.2
16-12-2014 10211.1 510.6
My path to becoming a multimillionaire before the end of the year.
If this is the case we would also have a lot of new millionaire's so a pack of gum would probably be $100 anyway... Your "millions" will be useless, fiat always is!
Here's what it would look like.
Date Price $ Growth
09-10-2014 370.0 18.5
10-10-2014 388.5 19.4
11-10-2014 407.9 20.4
12-10-2014 428.3 21.4
13-10-2014 449.7 22.5
14-10-2014 472.2 23.6
15-10-2014 495.8 24.8
16-10-2014 520.6 26.0
17-10-2014 546.7 27.3
18-10-2014 574.0 28.7
19-10-2014 602.7 30.1
20-10-2014 632.8 31.6
21-10-2014 664.5 33.2
22-10-2014 697.7 34.9
23-10-2014 732.6 36.6
24-10-2014 769.2 38.5
25-10-2014 807.7 40.4
26-10-2014 848.0 42.4
27-10-2014 890.4 44.5
28-10-2014 935.0 46.7
29-10-2014 981.7 49.1
30-10-2014 1030.8 51.5
31-10-2014 1082.3 54.1
01-11-2014 1136.5 56.8
02-11-2014 1193.3 59.7
03-11-2014 1253.0 62.6
04-11-2014 1315.6 65.8
05-11-2014 1381.4 69.1
06-11-2014 1450.4 72.5
07-11-2014 1523.0 76.1
08-11-2014 1599.1 80.0
09-11-2014 1679.1 84.0
10-11-2014 1763.0 88.2
11-11-2014 1851.2 92.6
12-11-2014 1943.7 97.2
13-11-2014 2040.9 102.0
14-11-2014 2143.0 107.1
15-11-2014 2250.1 112.5
16-11-2014 2362.6 118.1
17-11-2014 2480.8 124.0
18-11-2014 2604.8 130.2
19-11-2014 2735.0 136.8
20-11-2014 2871.8 143.6
21-11-2014 3015.4 150.8
22-11-2014 3166.1 158.3
23-11-2014 3324.5 166.2
24-11-2014 3490.7 174.5
25-11-2014 3665.2 183.3
26-11-2014 3848.5 192.4
27-11-2014 4040.9 202.0
28-11-2014 4242.9 212.1
29-11-2014 4455.1 222.8
30-11-2014 4677.8 233.9
01-12-2014 4911.7 245.6
02-12-2014 5157.3 257.9
03-12-2014 5415.2 270.8
04-12-2014 5685.9 284.3
05-12-2014 5970.2 298.5
06-12-2014 6268.8 313.4
07-12-2014 6582.2 329.1
08-12-2014 6911.3 345.6
09-12-2014 7256.9 362.8
10-12-2014 7619.7 381.0
11-12-2014 8000.7 400.0
12-12-2014 8400.7 420.0
13-12-2014 8820.8 441.0
14-12-2014 9261.8 463.1
15-12-2014 9724.9 486.2
16-12-2014 10211.1 510.6
Date Price $ Growth
09-10-2014 370.0 18.5
10-10-2014 388.5 19.4
11-10-2014 407.9 20.4
12-10-2014 428.3 21.4
13-10-2014 449.7 22.5
14-10-2014 472.2 23.6
15-10-2014 495.8 24.8
16-10-2014 520.6 26.0
17-10-2014 546.7 27.3
18-10-2014 574.0 28.7
19-10-2014 602.7 30.1
20-10-2014 632.8 31.6
21-10-2014 664.5 33.2
22-10-2014 697.7 34.9
23-10-2014 732.6 36.6
24-10-2014 769.2 38.5
25-10-2014 807.7 40.4
26-10-2014 848.0 42.4
27-10-2014 890.4 44.5
28-10-2014 935.0 46.7
29-10-2014 981.7 49.1
30-10-2014 1030.8 51.5
31-10-2014 1082.3 54.1
01-11-2014 1136.5 56.8
02-11-2014 1193.3 59.7
03-11-2014 1253.0 62.6
04-11-2014 1315.6 65.8
05-11-2014 1381.4 69.1
06-11-2014 1450.4 72.5
07-11-2014 1523.0 76.1
08-11-2014 1599.1 80.0
09-11-2014 1679.1 84.0
10-11-2014 1763.0 88.2
11-11-2014 1851.2 92.6
12-11-2014 1943.7 97.2
13-11-2014 2040.9 102.0
14-11-2014 2143.0 107.1
15-11-2014 2250.1 112.5
16-11-2014 2362.6 118.1
17-11-2014 2480.8 124.0
18-11-2014 2604.8 130.2
19-11-2014 2735.0 136.8
20-11-2014 2871.8 143.6
21-11-2014 3015.4 150.8
22-11-2014 3166.1 158.3
23-11-2014 3324.5 166.2
24-11-2014 3490.7 174.5
25-11-2014 3665.2 183.3
26-11-2014 3848.5 192.4
27-11-2014 4040.9 202.0
28-11-2014 4242.9 212.1
29-11-2014 4455.1 222.8
30-11-2014 4677.8 233.9
01-12-2014 4911.7 245.6
02-12-2014 5157.3 257.9
03-12-2014 5415.2 270.8
04-12-2014 5685.9 284.3
05-12-2014 5970.2 298.5
06-12-2014 6268.8 313.4
07-12-2014 6582.2 329.1
08-12-2014 6911.3 345.6
09-12-2014 7256.9 362.8
10-12-2014 7619.7 381.0
11-12-2014 8000.7 400.0
12-12-2014 8400.7 420.0
13-12-2014 8820.8 441.0
14-12-2014 9261.8 463.1
15-12-2014 9724.9 486.2
16-12-2014 10211.1 510.6
My path to becoming a multimillionaire before the end of the year.
are you ok?
I hope you can wake up from a dream
I hope you can wake up from a dream
The next 2 months are exponential
I see that too. Having waited for way too long. Eventually it will rise again. so HODL 
Daily 5% growth would be amazing but I'd bet dollars to donuts after 1 month of sustained 5% growth the price would skyrocket like crazy creating a new bubble.
Very true, I wonder how high the bulls can bring this up!!!
IMO next friday we'll be back at the $300-$330 range. 2016 will be interesting IMO.
BRICs, BTC havling, Merica attempts to launch it's pig tax laws on other countries.. a very interesting year it will be.
just a short squeeze before... we are already lower than 350, the 300 range will be hit this weekend!
No it wont... I think 320 is the minimum.
The next 2 months are exponential
Daily 5% growth would be amazing but I'd bet dollars to donuts after 1 month of sustained 5% growth the price would skyrocket like crazy creating a new bubble.
Very true, I wonder how high the bulls can bring this up!!!
IMO next friday we'll be back at the $300-$330 range. 2016 will be interesting IMO.
BRICs, BTC havling, Merica attempts to launch it's pig tax laws on other countries.. a very interesting year it will be.
just a short squeeze before... we are already lower than 350, the 300 range will be hit this weekend!
Daily 5% growth would be amazing but I'd bet dollars to donuts after 1 month of sustained 5% growth the price would skyrocket like crazy creating a new bubble.
Very true, I wonder how high the bulls can bring this up!!!
IMO next friday we'll be back at the $300-$330 range. 2016 will be interesting IMO.
BRICs, BTC havling, Merica attempts to launch it's pig tax laws on other countries.. a very interesting year it will be.
Daily 5% growth would be amazing but I'd bet dollars to donuts after 1 month of sustained 5% growth the price would skyrocket like crazy creating a new bubble.
Very true, I wonder how high the bulls can bring this up!!!
If we can stay with 5% daily growth 3 days more it would be good enough. 3 Months... lol
+1
Don't reckon it'll do +5% 3 months, another 2-3 days would be cool for me - in fact, hoping it will head back down a bit(got funds on way to exchange)
Daily 5% growth would be amazing but I'd bet dollars to donuts after 1 month of sustained 5% growth the price would skyrocket like crazy creating a new bubble.
That would be nice but the linear growth rate from the time of the halving is about $13.50 per month.
Though I would certainly be ok with your scenario.
If we follow the growth of past exponential runs we tend to do a doubling that starts to cut in half the time starting at one month.
So we would have:
Oct 4: $275
Nov 4: $550
Nov 18: $1100
Nov 25: $2200
Nov 29: $4400
Very close to your scenario by Nov. 29
Though I would certainly be ok with your scenario.
If we follow the growth of past exponential runs we tend to do a doubling that starts to cut in half the time starting at one month.
So we would have:
Oct 4: $275
Nov 4: $550
Nov 18: $1100
Nov 25: $2200
Nov 29: $4400
Very close to your scenario by Nov. 29
If we can stay with 5% daily growth 3 days more it would be good enough. 3 Months... lol
I'm ok with this.
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