Bitcoin Prices for March 2018, March 2019 and March 2020 and why

in #bitcoin7 years ago

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My long haul value expectations are as follows:

Situation 1

Walk first 2018 - $ 8,950 per 1 BTC

Walk first 2019 - $ 68,059 per 1 BTC

Walk first 2020 - $ 517,536 per 1 BTC

Walk first 2021 - $ 3,935,454 Per 1 BTC

How I touched base at the above numbers ........

July seventeenth 2010 bitcoin cost was $ 0.05 (the cost when it started TRADING)

also, on Dec sixth 2010 bitcoin cost was $ 375.00

Time between the two dates is 1604 days or 53 months

The registered multiplying time for Bitcoin worked out to be 4.1 months between the two dates

ie at regular intervals over the 53 months and age, the cost multiplied

I am sure that it will take a lot of money (MS $ 1177) MS Excel's POWER Function in a spreadsheet is verifiably what it was between July seventeenth 2010 and December sixth 2010)


Situation 2

July seventeenth 2010 bitcoin cost was $ 0.05 (the cost when it started TRADING)

28th Feb 2017 bitcoin cost was $ 1177

Time between the two dates is 2418 days or 79.497 months

at that point I took the 27th of February 2017 cost of ($ 1177) MS Excel's POWER Function in a spreadsheet of the future 4 years, again accepting it (the value) will twofold like clockwork ( which is truly what it was between July 17th, 2010 and Feb 28th 2017)

which gives the accompanying value expectations

Walk first 2018 - $ 5,403 per 1 BTC

Walk first 2019 - $ 24,699 per 1 BTC

Walk first 2020 - $ 112,699 per 1 BTC

Walk first 2021 - $ 516,115 Per 1 BTC

the two situations accept that the value multiplying is consistent with the future, and yes I know it, but it has a decent excersise to perceive how close I wind up being to my unique situation 1 and 2 forecasts

That is the way in which I worked out my predictions, I think that it is a great deal of an advanced exponential bend, and I believe that Bitcoin is one such "innovation"
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