[ExI] Mathematical Help with Bitcoin historical curve future projection? (was re: Long Term Bitcoin Catastrophe)
brent.allsop at canonizer.com
Fri Jun 21 11:52:27 UTC 2013
Did you intend on having an attachment or link with this that had your
chart? I'd sure like to see that as we're working on the same thing for
the "Canonized Crypto Coin Law" camp here:
We're working on a new version of the statement that will include a
graph from MtGox's significant growth historical data and projecting
this into the future according to expert consensus and something like
Polynomial Curve Fitting.
Josh Seims (CCed), the author of this great Tech Crunch Bitcoin
valuation article has been helping.
Josh, Notice that Per your great suggestion, I've changed the name of
the survey project to "Crypto Coin Survey Project".
I've included the orders of magnatude growth dates in the history
(noting each of the 7 times a coin has increased in value by 10 times,
and how long it took) and some other notes about "Polynomial curve
fitting" and so on in the new Google doc working version of the new camp
statement that anyone can help to edit in a wiki way so anyone
interested in helping can earn shares in Canonizer.com:
In particular, is anyone good at mathematical graphing artwork? Is there
a good online graphing tool that would help? Would you be willing to
get a graph started for us to add this kind of data into a chart we can
add into camp statement? We want a graph that can be easily modified as
ever more growth data is included, able to convert ever more people to
this "Canonized Crypto Coin Law" camp. Anyone that spends time on such
can send info about this so we can get you're contribution shares
Also, Micro, I've started a 'peer ranking' camp to determine who the
best Crypto Coin experts are, so in a year or two we can measure who are
the best Bitcoin Future Value Predictors and use them for better
quantitative predictions about Bitcoins Future valuations.
Micro, or anyone, would you care to provide some kind of a bio, or
statement so we can get a camp started for you to get everyone's peer
ranked historical accuracy reputation started? Should soon make a great
addition to a resume!
If anyone else knows or or sees any other good quality articles or
information about future Bitcoin valuations, I hope you'll point such
out to us!
On 6/20/2013 3:27 AM, Mirco Romanato wrote:
> Il 20/06/2013 05:47, Brent Allsop ha scritto:
>> Not just Paypal. Visa, Mastercard, Amex, Discover, all near $100
>> billion capitalization companies, all built on their ability to muscle
>> their way into steeling 3% of every effing transaction in the world.
>> Making money by shorting MasterCard International because of Bitcoin?
>> So, what's your current thinking about what a Bisection will be worth in
>> 1 year, and long term. How high could they go? Anywhere near 1 Satoshi
>> = $1? At that value all of them would start to be close to all the real
>> estate in all the world, at today's prices.
> Not just them, near all the banking sector is about payments: receiving
> and sending payments.
> With bitcoin they are made obsolete.
> This is a chart from, bitcointalk:
> The first half is mine (using Bitcoincharts), the second part is the
> projected exponential trend (on a log scale)
> "the lowest line bring us to 10K in April 2016, 100K in May 2017 and 1
> M$ in July 2017.
> The "median" line to 10K in June 2016 and 100K in July 2017 and 1 M in
> August 2017"
More information about the extropy-chat