Topic: % increase per year (Read 1273 times)

2011 was still bullish from the Q1 start (it started in the pennies).

The Jan 2012 YTD high was broken in July of that year and overall the year ended in the positive.

For 2014 it looks increasingly likely that it may end in the red, which if it were to happen is a first in bitcoin history.

This year still isnt over , we can expect some movements on upcoming months.

Nope, that already happened.

After 2011 it took nearly 2 Years for Bitcoin to reach it's last all time high.

If you look at any Bitcoin graphic that takes into account prince increases scaled the correct way you'll see the graphic is always going up as you look further, it's interesting how the graphic resembles a stairway that goes up, and we are soon to meet the next stair up. If I find the graphic i'll post it later.

Hello !
Can you predict the next bubble ?

it is still early to adopt btc, because value of it will rise even more. not anyone understands it.

The story repeats, probably at the next drop the weak hands will sell all their holdings and the forum will be filled with threads like "bitcoin is dead".
Then, the rise will come and there will be rivers of tears among the missed early adopters.

Or at least 2015 when the bubble does indeed take more time do manifest itself! But we'll be going to the moon, that's for sure!

2014 will be the c-c-c-combo breaker for bitcoin.

Ha, you are really funny. YES, if we look at the price from Jan 1st. But a year ago we've been at 10% of today's value. Not everyone's destined to become a Bitcoin Millionaire! Haha

8.8x a year, or 8800%

source: https://bitcointalksearch.org/topic/beti-bitcoin-exponential-trend-index-and-technical-analysis-470453

negative from this year

You can't really analyze the fundamentals of btc in yearly growth like you do traditional investments, stocks, gold, whatever.

btc is based upon a couple of major financial fundamentals

85 Trillion GWP
7 Billion people

Right now we're in a floor considered the $500 support floor based upon a 1000 peak valley and a 50% floor which is how btc valleys have been moving the past 18 months or so and in that time it has hit 3 bubbles.

So do the math like this

1K peak 500 floor support our current bubble
100 peak 50 support
10 peak 5 support

So 3 bubbles that do exist in past history of btc and it's in the work/book known as bitcoin algorithm

Now these bubbles appear based upon blockchain.info to be related to one thing, trust factor of bitcoin as it relates to a simple % of the world pop

My wallets crossed the 700K user number when the 1K peak hit that is .01% of the world pop and 8 Billion is .01% of GWP

So the real financial fundamentals of btc are entirely predictable

The 70K user number of my wallets coincided with 100 peak and 50 support .001% of the world pop and .001% of the GWP

See the correlation?

The 7K user number of my wallets matched the 10 buck peak and 5 support not long ago, so you do not have YEARS OF DATA you have bubbles to analyze based upon a few factors, value of btc as a percentage of gwp and apparent users as a percentage of world pop and the two numbers have aligned now in the last 3 growth bubbles

So the magic next bubble will appear around .1% of the population having btc wallets, that's 7M users and the my wallet number is almost 2M now growth from 700K around November 2013 to today, so how fast bct gets to 7M creates the next tenfold bubble

.1% world pop 7M users = 10K peak and 5K floor of support

1% world pop 70M users = 100K peak and 50K floor of support

10% world pop 700M uses = 1M peak and 500K floor of support

That is how btc is growing, it has absolutely no concept of time, corporations and people view time by years, the bitcoin algorithm is a ferocious growth virus you can detect that is based upon one thing, it feeds off GWP and the % of world pop it infects

Yes btc is like a virus, a world wide epidemic out to do one thing acquire 100% control of global currency

It's like the BORG of currency

YOU WILL ASSIMILATE OR BE DESTROYED

.0001% world pop 5.00 btc
.001% world pop 50.00 btc
.01% world pop 500 btc
.1% world pop 5K btc
1% world pop 50K btc
10% world pop 500K btc

the world currency system is the host that btc is feeding on like a virus

as it consumes more of the host the GWP the more it's asset value increases

At .01% market share it's an 8.5 Billion dollar infection
At 10% market share of gwp it's a 8.5 Trillion dollar infection

At 100% market share it killed it's host, global currency systems

If you understand computer algorithm for computer viruses and math theory you see the simple logic btc is using to conquer the world

What has been the % increase of bitcoin per year?

As well as the final yearly value.