Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
imagine its log and the scale on the Y-axis ranges 20%, which illustrates how BTC slowly and predictably gains 1% value year after year while the RAW-Supply Vs Demand(without speculative demand) for the BTC is unstable.
the graph above assume full market saturation with BTC firmly entrenched as THE global reserve currency, with a market cap in the 10's of trillions, and shows how speculation at that point smooths out volatility.
until then i would expect unbelievable volatility prices with growth spurts and speculative bubbles and random deep corrections.
will speculation drive prices sky high before the halfing? that is irrelevant in the grand scheme of things
