Post
Topic
Board Speculation
Re: [prediction] Next spike $560,000 14 months from now
by
sgbett
on 28/09/2014, 17:02:10 UTC
Could someone please add dates to the x-axis? I don't see the units, is it function(days from today)? Where function=sin?

The values aren't really supposed to be accurate, both time and price axis are kind of arbitrary (as per assumptions in the first post of 10years and 300k) it's more about the scale of movement that has to happen to reach an arbitrary end price based on this kind of model. In the chart I posted as an example though the x axis is days. So ther is about 3650 in 10 years give or take

The actual outcomes could be very different depending on whether a cycle lines up with the max rate of adoption in the s-curve. What I posted was just a shot in the dark based on one set of inputs. A surprising one admittedly but it shows the kind of crazy range of possibilities.

None of this means I don't still think it *could* go to zero(ish) because if you stop forgetting that then you start behaving irrationally. It just means that I hadn't considered all the possibilities. That I ahd kind of dismissed the crazy talk of btc at 1million dollars, as being a bit loony. I think I was mistaken to close off my mind to that possibility, because if it were to ever happen I would be unprepared.

I had a look on log scale it's a bit jiggly, but I'll post it up in a bit