Post
Topic
Board Speculation
Re: How long does it take for bitcoin value to double??
by
ruski
on 09/04/2013, 13:36:23 UTC
Question:  How long does it typically take for the USD exchange rate of bitcoin to double?

Answer:
Start rateEnd rate# of daysDates
$3.125$6.251942011-12-01 to 2012-06-15
$6.25$12.51632012-06-15 to 2012-11-25
$12.5$25792012-11-25 to 2013-02-12
$25$50302013-02-12 to 2013-03-18
$50$100142013-03-18 to 2013-04-01
$100$20082013-04-01 to 2013-04-09


Given this timetable, would anybody like to make a guess at a range of dates between which they believe the exchange rate will reach $400?

Well? 6 months, 5 months, 3 months, 1 month, half a month, quarter of a month.

Another 3 days?