Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
jbreher
on 04/12/2015, 01:56:24 UTC
No sgbett said we would be at $560,000 per bitcoin by now.

[prediction] Next spike $560,000 14 months from now

He used an underlying sigmoid function to work out the adoption curve followed by a cyclical function to calculate the base valuation, then a function tan^-1 to model the s-curve (whatever that is), and reached his final figure using a sin funtion to model a cycle.

It's a reasonable model. Perhaps he merely misjudged the date.