Post
Topic
Board Economics
Re: Stephen Reed's Million Dollar Logistic Model
by
dennydotco
on 30/06/2014, 20:47:03 UTC
What about hti slinear model released by world bitcoin network yesterday, which predicts bitcoin will not reach a million per coin

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

Badass link, thanks for posting that.

Hoping the trendline continues and we take off again once the auction results are released. Anyone still optimistic we can get into the +.3 or +.4 log delta range this summer/fall?

I don't think 0,3 is optimistic actually, have have been at -0.5 for a while so in order for the trend line to remain valid we should see 0,5 to balance out. Otherwise we have to re-calibrate the trend line. The lower it will go below 0.5 the worse it is. I hope to see at least 0.45

I certainly hope you're right. The trendline will be at 1798 tomorrow... seeing it peak in the .4-.5 range this year would be amazing and a great sign of things to come. I'd love to see one more ATH before Wall St. gets involved.

Seriously. That range would solve a lot of problems for me if we see it this year. I've been considering going back to school for mathematics/cryptography after following bitcoin the last 18 months. One more hard rally and I would feel comfortable focusing on school full time and not working full time.