Hello everyone, I am curious if anyone would be interested in an application that computed the value of Bitcoin. This application will currently only compute to usd values, and relies on historical electrical rate records. The algorithm will also take network hashrate historical data, and use that value in its estimate. The application will not try to compute an exact value, but rather a range of Bitcoins suggested value. This application will use a similar algorithm as this graph shows, but will take transaction volumes(# of transactions, amount per transaction, total bitcoins traded, usd/btc exchange volume, ect) into account. https://bitcointalk.org/index.php?topic=789594.0 This calculator will also allow the users to manipulate the values such as, coin(BTC, LTC, PPC), network, electrical rates, difficulty, and more. This tool will provide a suggested price range, value may be higher or lower.

Please take the time to submit an answer to my survey, and leave me your ideas.