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Topic: [prediction] Next spike $560,000 14 {<-oops!} months from now (2017 Update!) - page 5. (Read 71511 times)

legendary
Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
legendary
Activity: 1036
Merit: 1000
So are we all ready for $560K yet? Tongue

No, not even close. It's a pipe dream, currently. It will never come to fuition. If we achieve parity with gold (currently $1280), we will be good, but surpassing the gold parity will be difficult, if not impossible.
hero member
Activity: 688
Merit: 500
ヽ( ㅇㅅㅇ)ノ ~!!
So are we all ready for $560K yet? Tongue
legendary
Activity: 1288
Merit: 1087
Shall we reset the clock for another 14 months or give this idea a rest? It would be a bummer to give up on the idea but maybe reality's gonna bite.
hero member
Activity: 870
Merit: 585
More and more, I see that bitcoin's price resides in an earthly orbit well inside the moon's.
hero member
Activity: 798
Merit: 1000
21 million. I want them all.
Deflationary forces will work against this sort of movement in the future
legendary
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
Only $559,645 out.

"I played around and mixed sin, cos and tan a bit to form a graph and this is what I got, it's unfathomable proof that we will see $560,000 14 months from now"

12 months later

"still legit"

Come on. The graph means nothing bro. Smiley

I'm guessing that as I am so wrong and the chart means nothing I should sell, is that it? Smiley

so close Wink

Itr will be fun to look back at some of the predictions that have been made in the past year when 2020 etc comes along and see how wrong everyone was.
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
So, the OP missed the target by 1000 fold or more, since we can't even get up to 560. We're now at $450 @bfx as of now. It's far off from the promised $560,000. Maybe we will hit 560 in January 2016, which would make it 14 months from September 2014.

This is the problem with bulltards on the forum, they throw around these wild, fantastical numbers like $300K, $560K, $1 Million, and back it with what seems to be wonderful charts. But they are ALL SO F*CKING WRONG!!!

Mass adoption is NOT going to happen. Bitcoin has been around over 6 years now. It's practically an old technology. Even my great grandmother has heard about it and she's been dead for three years now. To most people, money is a serious matter and they tend to be very conservative about their money and finances. Less than 1% of the population will take chances with cryptocurrency. Bitcoin is not a revolution like most people here think it is. It's more like an experiment, and a failed one at that.

Credit cards were invented in the 1950's and I still know a lot of older people that still don't use them
By your logic.... Aha wait
Fuck it,  never mind....
Continue as you are soldier/slave....
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
Well this must be embarrassing. Roll Eyes Cheesy

Is isn't......  Grin
If you have no faith in the protocol, gtfo
It's not line anyone will miss you lol
hero member
Activity: 870
Merit: 585
Curve fitting is for interpolation.  Trying to use curve fitting for prediction is a bad idea.
That's one of the things they taught us in engineering school.

Even when fitting for interpolation, things can go badly wrong.  Example:  you have four data points.  You find a cubic polynomial that contains them.  But when you look at its trace, you discover that in between two of the data points, it flies off to some ridiculous local extremum, many magnitudes away from the data values.
In our case, the curve was apparently fitted in such a way that it gave pretty good interpolative values.  But when using arbitrary math, you get arbitrary results.  If you follow the trace away from the values that it was fitted for it loses meaning.

The harder you squeeze an equation to make it fit data, the more you will get these outlandish artifacts.
hero member
Activity: 798
Merit: 1000
21 million. I want them all.
I'm not sure we'll ever get mass adoption.
legendary
Activity: 1260
Merit: 1116
Well this must be embarrassing. Roll Eyes Cheesy
hero member
Activity: 870
Merit: 585
Santa's elves didn't make any $560,000 bitcoins this year.
legendary
Activity: 1036
Merit: 1000
So, the OP missed the target by 1000 fold or more, since we can't even get up to 560. We're now at $450 @bfx as of now. It's far off from the promised $560,000. Maybe we will hit 560 in January 2016, which would make it 14 months from September 2014.

This is the problem with bulltards on the forum, they throw around these wild, fantastical numbers like $300K, $560K, $1 Million, and back it with what seems to be wonderful charts. But they are ALL SO F*CKING WRONG!!!

Mass adoption is NOT going to happen. Bitcoin has been around over 6 years now. It's practically an old technology. Even my great grandmother has heard about it and she's been dead for three years now. To most people, money is a serious matter and they tend to be very conservative about their money and finances. Less than 1% of the population will take chances with cryptocurrency. Bitcoin is not a revolution like most people here think it is. It's more like an experiment, and a failed one at that.
hero member
Activity: 798
Merit: 1000
21 million. I want them all.
Damn the planet for not pouring in untold amounts of money in a frenzied and irrational manner. What the hell is wrong with these people? Hello?

I get the sarcasm. But maybe it's time to start running out of government currencies.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Damn the planet for not pouring in untold amounts of money in a frenzied and irrational manner. What the hell is wrong with these people? Hello?
legendary
Activity: 3052
Merit: 1273
"I played around and mixed sin, cos and tan a bit to form a graph and this is what I got, it's unfathomable proof that we will see $560,000 14 months from now"

12 months later

"still legit"

Come on. The graph means nothing bro. Smiley

If graph means nothing, then how people are able to predict?
Graph actually gives you some hints of what you might/might not see in future, this is a speculation and not a guarantee, but charts are everything.
legendary
Activity: 2576
Merit: 1087
Only $559,645 out.

"I played around and mixed sin, cos and tan a bit to form a graph and this is what I got, it's unfathomable proof that we will see $560,000 14 months from now"

12 months later

"still legit"

Come on. The graph means nothing bro. Smiley

I'm guessing that as I am so wrong and the chart means nothing I should sell, is that it? Smiley
legendary
Activity: 1134
Merit: 1118
"I played around and mixed sin, cos and tan a bit to form a graph and this is what I got, it's unfathomable proof that we will see $560,000 14 months from now"

12 months later

"still legit"

Come on. The graph means nothing bro. Smiley
sr. member
Activity: 433
Merit: 250
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