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Topic: A year from now (2014/04/05) - page 3. (Read 5849 times)

hero member
Activity: 700
Merit: 500
April 05, 2013, 08:00:27 PM
#26
Either zero or between 72 and graham's number.

Quote
...the observable universe is far too small to contain an ordinary digital representation of Graham's number, assuming that each digit occupies at least one Planck volume. Even power towers... are useless for this purpose, although it can be easily described by recursive formulas using Knuth's up-arrow notation or the equivalent, as was done by Graham. The last ten digits of Graham's number are ...2464195387.




https://en.wikipedia.org/wiki/Graham%27s_number
https://www.youtube.com/watch?v=XTeJ64KD5cg

Grahams's number. Wow. I do have high expectations, but Graham's number – we just won't reach that Smiley
legendary
Activity: 2212
Merit: 1008
April 05, 2013, 07:58:06 PM
#25
my prediction: $5150/btc Grin
full member
Activity: 224
Merit: 100
DigiByte Founder
April 05, 2013, 07:47:57 PM
#24
See, the Proudhon thread from early 2012 that Op copies almost ad verbatim here (i c wut u did), has Proudhon predicting single digits at this time (he was two digits off.) And the average prediction from other posters in that thread is around $14, which is a tenth of what it is now, a year later. What does this mean?

In April 2012, both the bears AND the bulls were way off, and predicted a price between 10 and 100 times lower than it is today. We need to use a new animal - perhaps the vulture? A big black scary-looking vulture with a cascascius coin hanging off a gold bling chain around its neck, and of course, grasped within its talons is a sinister package that it is delivering anonymously (next day air!) for Silk Road. Naturally, the vulture is a metaphor for the hungry, circling bitcoiners moving in on the sickly, decaying banksters and devouring the last bits of their wealth.

Now, Proudhon is stuck in a perpetual price microcosm and continues to see every single 2-hour 10% decrease (even if it is followed by a massive upswing) as sign of a humongous long crash lasting 6 months and bringing us back to single digits, so perhaps we need to start calling him a "dodo bird" or similar animal that is renowned for being silly and/or stupid. "Bear" is almost a compliment.

So I'm going to go ahead and say that in a year's time, 1 BTC will be at least $10,000 USD, but really I think 100,000 isn't too much of a stretch.

i seem to remember something about extrapolation... nah, not important. I'll be retiring in 6 months at age 24, folks. XKCD can go suck it.



+1 I will also be retiring at the ripe old age of 25 Smiley
legendary
Activity: 1400
Merit: 1013
April 05, 2013, 07:47:54 PM
#23
Ok, so somewhere between $320 and $1.1 million. Can we hold you to that prediction?
Either between $320 and $1.1 million, or $0.
hero member
Activity: 728
Merit: 500
April 05, 2013, 07:47:42 PM
#22
Either zero or between 72 and graham's number.

Quote
...the observable universe is far too small to contain an ordinary digital representation of Graham's number, assuming that each digit occupies at least one Planck volume. Even power towers... are useless for this purpose, although it can be easily described by recursive formulas using Knuth's up-arrow notation or the equivalent, as was done by Graham. The last ten digits of Graham's number are ...2464195387.




https://en.wikipedia.org/wiki/Graham%27s_number
https://www.youtube.com/watch?v=XTeJ64KD5cg
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
April 05, 2013, 07:42:50 PM
#21
If the price grows at 5% weekly starting from 2013-01-01, $320
If the price grows at the lifetime average weekly rate of 7.3%, $1400
If the price grows at the rate it has achieved in 2013, $1.1 million.

Ok, so somewhere between $320 and $1.1 million. Can we hold you to that prediction?
legendary
Activity: 1400
Merit: 1013
April 05, 2013, 09:52:27 AM
#20
Your maths is wrong.
It's approximate. Calculation method is a spreadsheet that multiplies the cell above by 1.05.
legendary
Activity: 1106
Merit: 1001
April 05, 2013, 09:46:12 AM
#19
If the price grows at 5% weekly starting from 2013-01-01, $320
If the price grows at the lifetime average weekly rate of 7.3%, $1400
If the price grows at the rate it has achieved in 2013, $1.1 million.

Your maths is wrong. Doubling time is roughly 70 divided by the percentage increase per cycle. 70/5 = 14. That puts us at $260 in 14 weeks, and $520 14 weeks after that.

Compound's a bitch  Grin
legendary
Activity: 1400
Merit: 1013
April 05, 2013, 09:39:51 AM
#18
If the price grows at 5% weekly starting from 2013-01-01, $320
If the price grows at the lifetime average weekly rate of 7.3%, $1400
If the price grows at the rate it has achieved in 2013, $1.1 million.
hero member
Activity: 504
Merit: 500
April 05, 2013, 09:39:04 AM
#17
I have high hopes that it'll hit 4 digits this year!
hero member
Activity: 1302
Merit: 502
April 05, 2013, 09:38:26 AM
#16
Haha, this is the most bullish thread ever.

I think it'll be around $1000 if we're lucky.
sr. member
Activity: 448
Merit: 250
April 05, 2013, 09:35:49 AM
#15
See, the Proudhon thread from early 2012 that Op copies almost ad verbatim here (i c wut u did), has Proudhon predicting single digits at this time (he was two digits off.) And the average prediction from other posters in that thread is around $14, which is a tenth of what it is now, a year later. What does this mean?

In April 2012, both the bears AND the bulls were way off, and predicted a price between 10 and 100 times lower than it is today. We need to use a new animal - perhaps the vulture? A big black scary-looking vulture with a cascascius coin hanging off a gold bling chain around its neck, and of course, grasped within its talons is a sinister package that it is delivering anonymously (next day air!) for Silk Road. Naturally, the vulture is a metaphor for the hungry, circling bitcoiners moving in on the sickly, decaying banksters and devouring the last bits of their wealth.

Now, Proudhon is stuck in a perpetual price microcosm and continues to see every single 2-hour 10% decrease (even if it is followed by a massive upswing) as sign of a humongous long crash lasting 6 months and bringing us back to single digits, so perhaps we need to start calling him a "dodo bird" or similar animal that is renowned for being silly and/or stupid. "Bear" is almost a compliment.

So I'm going to go ahead and say that in a year's time, 1 BTC will be at least $10,000 USD, but really I think 100,000 isn't too much of a stretch.

i seem to remember something about extrapolation... nah, not important. I'll be retiring in 6 months at age 24, folks. XKCD can go suck it.

legendary
Activity: 1106
Merit: 1001
April 05, 2013, 09:32:29 AM
#14
Hm, let's say $50. After a bubble, a crash, and some recovery. And $500 by 2015/04/05

Nah. By 2015 we're either established or dead. Bitcoin has exploded so much in the media lately, it's not likely to simply fade away. In the next few months the big money will have to decide whether it chooses to move in or not. The bad news is that big money is notoriously fearful. The good news: It only takes one, the rest will follow.
hero member
Activity: 501
Merit: 500
April 05, 2013, 09:27:47 AM
#13
Hm, let's say $50. After a bubble, a crash, and some recovery. And $500 by 2015/04/05
hero member
Activity: 728
Merit: 500
April 05, 2013, 09:22:08 AM
#12
60
sr. member
Activity: 364
Merit: 250
firstbits 1LoCBS
April 05, 2013, 08:54:31 AM
#11
I predict 136.14

No, wait... make that 136 even.

... hold on ... calling it ...  136.81

Edit: 136.99
full member
Activity: 238
Merit: 100
Now they are thinking what to do with me
April 05, 2013, 08:52:08 AM
#10
I predict by August (2013) btc will be worth roughly $100,000 probably more. Really depends on the evolutionary stages (as to when they occur).

By the end of April (2013), hmm... closing in on $800 to $1,000

I have my reasons Wink

You heard it here first.

By April 2015 .. really again depending on when the evolutionary stages occur, but at a totally rough guess, $500k to $1 mil.

The fiat collapse will happen faster than you think.
member
Activity: 116
Merit: 10
WINSTARS - We are changing the face of gambling
April 05, 2013, 08:18:55 AM
#9
Random guess: $4000 per 1 BTC on 2014/04/05.
So, let's remember this thread in a year and have a good laugh Smiley

Or cry miserably..

However I'm still optimistic! Go quintuble digits! :b
full member
Activity: 120
Merit: 104
April 05, 2013, 07:55:07 AM
#8
Random guess: $4000 per 1 BTC on 2014/04/05.
So, let's remember this thread in a year and have a good laugh Smiley
legendary
Activity: 1153
Merit: 1012
April 05, 2013, 04:43:51 AM
#7
Well, I've been wrong in the past - so why not do another prediction? Cheesy

I'd say $ 300 / BTC - after a big correction.
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