Topic: My Equation for the price of bitcoins. Please Give me your thoughts (Read 952 times)
January 08, 2012, 06:19:24 PM
This is great and all, but it has no variables for the human factors like optimism, fear, greed, risk, and personal financial conditions (to name a few).
January 08, 2012, 06:17:03 PM
how is this equation derived?
January 08, 2012, 06:06:44 PM
It's funny because now
(b*r)/((c*(b/m*(a/e)))-d)
says around $4, but it skyrocketed
heh
(b*r)/((c*(b/m*(a/e)))-d)
says around $4, but it skyrocketed
heh
September 05, 2011, 10:38:57 AM
After a little thinking while I was trapped in the n00b jail, I came up with this formula to calculate the exchange of USD to bitcoin based off a number of factors. NothinG made a good php script on his site to run my equation using all current data. Take a look at:
http://zombietoday.com/dev/pricecal.php
The Equation is: (b*r)/((c*(b/m*(a/e)))-d)
b = blocks
r = reward
c = control = 2500000
m = another control = 140000
a = avareage Time To Solve a Block in seconds with no decimals sense last difficulty change
e = expected time to solve a block = 600 = 10 mins
d = difficulty
The current price of bitcoins should be around: $8.87
Kind Regards,
Marty Lee
http://zombietoday.com/dev/pricecal.php
The Equation is: (b*r)/((c*(b/m*(a/e)))-d)
b = blocks
r = reward
c = control = 2500000
m = another control = 140000
a = avareage Time To Solve a Block in seconds with no decimals sense last difficulty change
e = expected time to solve a block = 600 = 10 mins
d = difficulty
The current price of bitcoins should be around: $8.87
Kind Regards,
Marty Lee
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