Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
savetherainforest
on 13/09/2016, 15:03:02 UTC
Quote from: Elwar on September 12, 2016, 08:58:05 PM
Quote from: JayJuanGee on September 12, 2016, 08:33:08 PM
Quote from: European Central Bank on September 12, 2016, 06:26:14 PM
Quote from: Dafar on September 12, 2016, 06:20:46 PM
I'm worried about the time frame it might take for adoption to hit a point where we finally pass ATH. That could take a decade or not even happen in our lifetime

does adoption have anything to with price? I seriously doubt it. hype is what drives it and that's gonna continue being the case for a long time.


You have no clue if you are concluding that hype is the only thing that drives bitcoin price.  Sure, hype is a factor, but adoption is another factor, and there are other factors as well, so hopefully you can reconsider your current thoughts about the bitcoin price situation...  Cheesy Cheesy Cheesy     Tongue


This calculator is good at showing the many drivers of the bitcoin price (never left alpha stage but still pretty good)

http://worldbitcoinnetwork.com/BitcoinPriceModel-Alpha.html



From the link you shared.. I calculated this and...



My prediction for Bitcoin 2028 - 2031:

- near 20 million coins...

- almost 2 millions of them are lost...

- and it will be less and less volatile from a BTCitcoin Hodler's perspective.