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Will the cost of sequencing a human genome fall below $500 by mid 2016?

The cost of sequencing a human genome has been falling at a rate considerably faster than Moore's law since the first genome was sequenced in 2001, according to the NIH.

This cost reduction has, however, occurred in fits and starts, with periods of plateau punctuated by significant cost reductions.

Will the cost plateau for several years at approximately $1000 per genome, or fall to below $500 USD by June 30, 2016?

The question resolves affirmative if there is an entry for June or earlier in the table provided by the National Human Genome Research Institute putting the cost below $500, and resolve negatively if the table has an entry of for July 2016 or later with a cost exceeding $500.

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Use the community stats to get a better sense of the community consensus (or lack thereof) for this question. Sometimes people have wildly different ideas about the likely outcomes, and sometimes people are in close agreement. There are even times when the community seems very certain of uncertainty, like when everyone agrees that event is only 50% likely to happen.

When you make a prediction, check the community stats to see where you land. If your prediction is an outlier, might there be something you're overlooking that others have seen? Or do you have special insight that others are lacking? Either way, it might be a good idea to join the discussion in the comments.