You cannot try and put Bitcoin expected growth into a formula yet, Too many unkown parameters and not enough historical information
If you want to estimate future prices in case of success you should compare it to other similar coins of companies
we do know that the value of the all bitcoins is around 500million usd and we have volume trades published at MTgox
I would try and compare it to Amazon 2012 revenues (61billion usd), Paypal volume 2012 (145 billion) or if you want to see a really high number, choose a mid coin like the Swiss franc and compare the monthly forex volume to the one of the Bitcoin at Mtgox.
That can give you nice estimations but it really means nothing
amazon - 61/0.5=122; 122*60 = 7,320$
paypal - 145/0.5=290; 290*60= 17,400$
Ohad
If you want to estimate future prices in case of success you should compare it to other similar coins of companies
we do know that the value of the all bitcoins is around 500million usd and we have volume trades published at MTgox
I would try and compare it to Amazon 2012 revenues (61billion usd), Paypal volume 2012 (145 billion) or if you want to see a really high number, choose a mid coin like the Swiss franc and compare the monthly forex volume to the one of the Bitcoin at Mtgox.
That can give you nice estimations but it really means nothing
amazon - 61/0.5=122; 122*60 = 7,320$
paypal - 145/0.5=290; 290*60= 17,400$
Ohad