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Topic: Prediction: $100 by April 31st - page 3. (Read 6474 times)

legendary
Activity: 980
Merit: 1040
February 22, 2013, 02:26:51 PM
#8
Im guessing we will hit that before February 29th. Anyone taking bets?

(the first of which occurs in 2016 for anyone not paying attention, its a leap day)
legendary
Activity: 1246
Merit: 1016
Strength in numbers
February 22, 2013, 02:03:09 PM
#7
Great prediction!
You surely have a point when you say that Bitcoin will hit 100 usd by April 31st.
As a matter of fact April has only 30 days..... duh!
 Shocked
This should give a pretty good indication about the level of "irrational exuberance" we joined so far.
Beware son.....

So you agree? The price will be $100 before the date will be April 31st?
legendary
Activity: 1036
Merit: 1000
February 22, 2013, 01:49:40 PM
#6
I was wondering who'd be the first to notice my little gimmick  Wink

Note: I assigned the prediction 20% confidence, meaning I have 80% confidence the price won't appreciate this rapidly - not very exuberant. It's just an interesting reference prediction to compare the actual results with to keep us sane if the price goes up even faster (probably that'd be a bubble), and if it conforms to the prediction people will freak out less than if I hadn't made this post.

I mostly just don't want to hear cries of "bubble" constantly as we climb what could be a gigantic wall of worry at what could be a breakneck, brain-destroying pace.
sr. member
Activity: 446
Merit: 250
CAT.EX Exchange
February 22, 2013, 01:00:05 PM
#5
Great prediction!
You surely have a point when you say that Bitcoin will hit 100 usd by April 31st.
As a matter of fact April has only 30 days..... duh!
 Shocked
This should give a pretty good indication about the level of "irrational exuberance" we joined so far.
Beware son.....
hero member
Activity: 812
Merit: 1001
-
February 22, 2013, 11:59:29 AM
#4
Even though simple extrapolation works only until it stops working, you might be right. Let's wait and see.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
February 22, 2013, 11:59:08 AM
#3
I'm not sure if we are geometric or exponential yet. Is the user base really growing, or are the current users doubling down?
donator
Activity: 1218
Merit: 1079
Gerald Davis
February 22, 2013, 11:58:50 AM
#2
legendary
Activity: 1036
Merit: 1000
February 22, 2013, 11:56:46 AM
#1
Simple extrapolation of the very steady exponential growth trend since January.

That also means we pass $50 by late March.

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