The Collatz Conjecture is defined as follows: Given a positive integer n, if it is odd then calculate 3n+1. If it is even, calculate n/2. Repeat this process with the resulting value. For example, if you begin with 1, then you obtain the sequence 1,4,2,1,4,2,1,4,2,1,… which will repeat forever in this way. If you start with a 5, then you obtain the sequence 5,16,8,4,2,1,…, and now find yourself in the previous case.
The unsolved question about this process is: If you start from any positive integer, does this process always end by cycling through 1,4,2,1,4,2,1,…? Mathematicians believe that the answer is yes, though no one knows how to prove it. This conjecture is known as the Collatz Conjecture (among many other names), since it was first asked in 1937 by Lothar Collatz.