Quote from: m2017 on May 24, 2025, 11:16:22 AM

Quote from: mcdouglasx on May 21, 2025, 04:13:04 AM

We can estimate that Bitcoin would reach $200,000 between late 2026 and the first quarter of 2027 based on its historical growth trajectory.

The real market is not a problem from a children's math book.

For the accuracy of your calculations, there are many unknown variables from the surrounding world that are not included.

Quote from: mcdouglasx on May 21, 2025, 04:13:04 AM

Obviously, it doesn't work this way, and there are many factors that influence the price, but it's interesting, at least for me, to look at it from a mathematical perspective.

Naturally, this doesn't work, because the cryptocurrency market is a chaos of unknown variables that are purely mathematically impossible to estimate. The final price of bitcoin will be affected by events ranging from geopolitical, economic, and ending with social. For example, how do you mathematically measure such a value as an investor's faith in the future growth / fall of bitcoin? But this is an extremely important parameter that can cross out all your mathematical calculations.

Far from being simple math for children, as some suggest, the compound annual growth rate is frequently used in the crypto world, especially due to market volatility, as it helps average out growth.

This is not intended to predict the future, it's purely statistical analysis, which is commonly applied in crypto and finance, particularly in volatile markets.

So I don't understand why you say, "The real market is not a problem from a children's math book. " in a mocking tone, when these are everyday formulas.

Quote from: mrust_mobile on May 24, 2025, 02:46:29 PM

Have you used chatgpt to make that calculation? I wouldn’t be surprised if you did because It does some amazing calculations and forecasts. The plus subscription is worth every penny.

It's just the CAGR formula, every crypto and finance website uses it, of course in an extended way.