Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27761. (Read 26711057 times)

from http://bitcoinowl.com/speculation-about-likely-range-future-btc-price-based-history

You mean sideways...

There is no exponential growth trend line. This is a figment of rpetelia's imagination; part of his religion. This line is just an average of the past using the current state of the chart as in input, and cannot predict the future. It cannot tell whether we are high or low relative to where bitcoin's actual exponential growth is.

Go ahead, and give us your BTC price projection.

International Monetary Rescue

Explanation

has the exponential growth trend broken? Maybe it's seriously time to re-access the future of bitcoin growth.

In the meanwhile "boring slow upwards" has turned into "boring slow downwards"

Jeez, so boring... Is it time to put all my bitcoins in a paper wallet and put it away with the hula-hoop and deely-boppers?

Explanation

I just realised I live 3000 km south from that place. I would sugest that he sells that mansion and buys something in Spain, Greece, Croatia someplace warm with lot of islands and an actual summer.

Thanks for the link to that thread.   I have NOT read very many of AnonyMint's posts, yet he seems to have quite a few decent ideas regarding the direction of bitcoin prices.  Ultimately, it seems that he is suggesting that the growth curve for bitcoin is gradually declining and NOT linear nor exponential, including the taking into account various investments into BTC infrastructure.   

I do NOT purport to understand much advance math, and I remain somewhat disinclined to believe that economics and markets which incorporate human behavior and politics are going to boil down to strict mathematical outcomes - even though historically, we can analyze the outcomes in terms of mathematical formulations.

For example, maybe we could see that historically bitcoin prices had periods of 100x average annual growth and 10x average annual growth and 2x annual growth (which growth rates may NOT be measured in exact yearly increments) and growth rates jump and spurt within these various periods to have an overall growth rate of 10x.. yet having a past average of 10x would NOT mean that we can rely upon 10x into the future.... even though 10X is possible, it seems unlikely to continue for very long into the future b/c it seems that much luck and alignment of stars would need to take place in order to sustain such a rate. 

Possibly, projecting future BTC prices with 1.5X average annual growth rate expectations would be more realistic, and if the growth rate turns out to be higher than 50% per year, then the higher outcome(s) would be icing on the cake for investors.  Accordingly, a 1.5X growth rate may look like this:

2014 = $400

2015 = $600

2016 = $900

2017 = $1,350

2018 = $1,975

2019 = $2,962.5

2020 = $4,443.75

Even though, this BTC price projection of 1.5X is NOT "to da moon,"  it would be a decent ROI, and would likely out perform a variety of other investments.  I would be thrilled with such an outcome.  Any thoughts?

Hey Risto, those buildings just next door, are they outhouses? Neighbours?

While it's still a bit trashed, how about a big party in there before the next bubble? 

According to Dane Cook, he also needs to have:
1.  A secret lab behind a moveable bookshelf, with Bunsen burners and schematics
2.  Paintings with holes where the eyes should be (to spy on guests)
3.  Trap doors that he can operate at will
4.  A moat
 

That slides to one side to allow Bitcoin-1 to launch from the concealed heli-pad.

Seen those pics many times in this thread now so let me guess.

The thing is partly restored. You can see in this pic on top left there is a part that looks brand new and already inhabitable. Rpietila bought the manor and the plans for (unfinished) restoration from the previous investors. The pic he shared is a 3D model of how the place is supposed to look when fully restored, which was then superimposed on a real pic. Also notice that the roof on the outermost left wing needs to be built from scratch in order to match rpietila's pic.

And he has a pond!
https://www.google.co.uk/maps/place/Malla/@59.501903,26.590228,3a,75y,90t/data=!3m5!1e2!3m3!1s38448946!2e1!3e10!4m2!3m1!1s0x46939a36cddf286b:0xf70b8730827599df

dont give him any ideas he might have to liquidate another 3K btc 

First thing you would do in renovating a delapidated building would be to put a decent roof on it I would think. Especially in non-US places where the walls are built of something designed to last.

To my eye, the hotel looks pretty good externally. Most of that could likely be fixed up with a good coat of paint and some reglazing. Internally is a different matter, however.

This nigger bought a castle, and what do you live in? 
Jealous people with neck beards living in their moms cribs.