Post
Topic
Board Economics
Re: Slippery Slope's Million Dollar Logistic Model
by
SlipperySlope
on 11/12/2013, 19:44:23 UTC
Bitcoin price doubles about three times a year on average, and will keep going up at this rate until the final growth slowdown

Wish I had Bitcoins in 2009...

I urge you to invest whatever more you think is prudent NOW.


You can ask Bitchick, we have invested as much as we can afford to lose (and probably a little more than she is comfortable with).

You both are so fortunate to completely share this amazing adventure.

When I performed parameter sensitivity analysis on the hand-fitted logistic model, I found that the rate of logarithmic growth is the about the same regardless of the value of the maximum-bitcoin-price parameter. So no matter where it ends up maxing out, the price will get there doubling about three times a year on average.