Bitcoin price analysis and forecast using pure mathematics on logarithmic scale for Sept 21 2017

in #bitcoin7 years ago (edited)

This is the follow up on my previous article :

https://steemit.com/bitcoin/@jomeszaros/bitcoin-price-analysis-and-forecast-using-pure-mathematics-on-logarithmic-scale

The today's predicted price is $3228.7 for 1 Bitcoin.
Today's actual price on Bitfinex is $3896, so there is some space for correction happening in the next few days/weeks.

Log_Forecast20170921.jpg

Basically until the number of Bitcoin wallet users grow exponentially, the value of Bitcoin follows.
wallets.jpg

The price of bitcoin is a reflection on the trust people have in it's worth.
Price = Trust :)

Trust.jpg

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