If you took the average increase (with presumed overvaluation) of all 4 years into account and added it to the 750 for Jan '14, what would the price look like for the end of 2014, and do you think that's a reasonable gauge?
I'd like to hear from bears and bulls (and whales!) if yall don't mind sharing.
Topic: Bitcoin has went up every single year since inception - page 3. (Read 3738 times)
My question is this...
When you compare January 1st price vs Dec 31st price of every year, Bitcoin has always been going up, and most of the time significantly up.
January 1st 2010: around $0.002 per Bitcoin
December 31st 2010: around $0.80
January 1st 2011: around $0.80
December 31st 2011: around $4.70
January 1st 2012: around $5.00
December 31st 2012: around $13.25
January 1st 2013: around $13.00
December 31st 2013: around $730
January 1st 2014: around $750
December 31st 2014: ? ? ? ? ?
Do you think this year is an exception?
January 1st 2010: around $0.002 per Bitcoin
December 31st 2010: around $0.80
January 1st 2011: around $0.80
December 31st 2011: around $4.70
January 1st 2012: around $5.00
December 31st 2012: around $13.25
January 1st 2013: around $13.00
December 31st 2013: around $730
January 1st 2014: around $750
December 31st 2014: ? ? ? ? ?
Do you think this year is an exception?
That's a hell of a jump at the end of the year so I totally missed the big stuff.
If Gox hadn't happened and things were business as usual, but all the China thing happened and all the good stuff, what do you guys think is a realistic place the market would be today?
Jan 1, 2014 $750....
May 21, 2014 ?
I think that back in Jan we were still in a massive bubble and BTC was overpriced. So I think that we should be at about $738 today using regression analysis at http://cryptocoinstats.com/priceforecaster.php
When you compare January 1st price vs Dec 31st price of every year, Bitcoin has always been going up, and most of the time significantly up.
January 1st 2010: around $0.002 per Bitcoin
December 31st 2010: around $0.80
January 1st 2011: around $0.80
December 31st 2011: around $4.70
January 1st 2012: around $5.00
December 31st 2012: around $13.25
January 1st 2013: around $13.00
December 31st 2013: around $730
January 1st 2014: around $750
December 31st 2014: ? ? ? ? ?
Do you think this year is an exception?
January 1st 2010: around $0.002 per Bitcoin
December 31st 2010: around $0.80
January 1st 2011: around $0.80
December 31st 2011: around $4.70
January 1st 2012: around $5.00
December 31st 2012: around $13.25
January 1st 2013: around $13.00
December 31st 2013: around $730
January 1st 2014: around $750
December 31st 2014: ? ? ? ? ?
Do you think this year is an exception?
That looks really promising for the next december.
I think that means we could see a rise to alot higher then 1000 hopefully
But alot of people are still negative I hope when it rises again they will finally shut up
just because it's gone up every year, does not mean it will go up this year. it's an indicator but not surefire.
When you compare January 1st price vs Dec 31st price of every year, Bitcoin has always been going up, and most of the time significantly up.
January 1st 2010: around $0.002 per Bitcoin
December 31st 2010: around $0.80
January 1st 2011: around $0.80
December 31st 2011: around $4.70
January 1st 2012: around $5.00
December 31st 2012: around $13.25
January 1st 2013: around $13.00
December 31st 2013: around $730
January 1st 2014: around $750
December 31st 2014: ? ? ? ? ?
Do you think this year is an exception?
January 1st 2010: around $0.002 per Bitcoin
December 31st 2010: around $0.80
January 1st 2011: around $0.80
December 31st 2011: around $4.70
January 1st 2012: around $5.00
December 31st 2012: around $13.25
January 1st 2013: around $13.00
December 31st 2013: around $730
January 1st 2014: around $750
December 31st 2014: ? ? ? ? ?
Do you think this year is an exception?
January 1st 2010: around $0.002 per Bitcoin
December 31st 2010: around $0.80
increase of 300%
January 1st 2011: around $0.80
December 31st 2011: around $4.70
increase of 487.5%
January 1st 2012: around $5.00
December 31st 2012: around $13.25
increase of 165%
January 1st 2013: around $13.00
December 31st 2013: around $730
increase of 5515%
January 1st 2014: around $750
December 31st 2014: ? ? ? ? ? (i expect $2500 ish)
Expected increase 233%
My question is this...
When you compare January 1st price vs Dec 31st price of every year, Bitcoin has always been going up, and most of the time significantly up.
January 1st 2010: around $0.002 per Bitcoin
December 31st 2010: around $0.80
January 1st 2011: around $0.80
December 31st 2011: around $4.70
January 1st 2012: around $5.00
December 31st 2012: around $13.25
January 1st 2013: around $13.00
December 31st 2013: around $730
January 1st 2014: around $750
December 31st 2014: ? ? ? ? ?
Do you think this year is an exception?
January 1st 2010: around $0.002 per Bitcoin
December 31st 2010: around $0.80
January 1st 2011: around $0.80
December 31st 2011: around $4.70
January 1st 2012: around $5.00
December 31st 2012: around $13.25
January 1st 2013: around $13.00
December 31st 2013: around $730
January 1st 2014: around $750
December 31st 2014: ? ? ? ? ?
Do you think this year is an exception?
That's a hell of a jump at the end of the year so I totally missed the big stuff.
If Gox hadn't happened and things were business as usual, but all the China thing happened and all the good stuff, what do you guys think is a realistic place the market would be today?
Jan 1, 2014 $750....
May 21, 2014 ?
Bitcoin will continue to astound, as long as the technology is sound.
very true, so fellows lets putting our coding skills, marketing, enthusiasm, talent and hard work on bitcoin's dream ...
Only when the time between cycles are greater and a bubble is at its highest in january it will be lower in december than january. I'd say that could last for 3-10 years then it will probably settle, somewhere.
Bitcoin will continue to astound, as long as the technology is sound.
... so some reason this posts makes me think about
Moore's law
http://en.wikipedia.org/wiki/Moore's_law
and
Carlson Curve
http://en.wikipedia.org/wiki/Carlson_Curve
Moore's law
http://en.wikipedia.org/wiki/Moore's_law
and
Carlson Curve
http://en.wikipedia.org/wiki/Carlson_Curve
When you compare January 1st price vs Dec 31st price of every year, Bitcoin has always been going up, and most of the time significantly up.
January 1st 2010: around $0.002 per Bitcoin
December 31st 2010: around $0.80
January 1st 2011: around $0.80
December 31st 2011: around $4.70
January 1st 2012: around $5.00
December 31st 2012: around $13.25
January 1st 2013: around $13.00
December 31st 2013: around $730
January 1st 2014: around $750
December 31st 2014: ? ? ? ? ?
Do you think this year is an exception?
January 1st 2010: around $0.002 per Bitcoin
December 31st 2010: around $0.80
January 1st 2011: around $0.80
December 31st 2011: around $4.70
January 1st 2012: around $5.00
December 31st 2012: around $13.25
January 1st 2013: around $13.00
December 31st 2013: around $730
January 1st 2014: around $750
December 31st 2014: ? ? ? ? ?
Do you think this year is an exception?
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