Post
Topic
Board Speculation
Re: Bitcoin price could exceed $100,000 by 2018, says trader
by
gentlemand
on 11/12/2017, 23:32:47 UTC
Bitcoin has an attribute of an asset class, but its not an asset class.

It's more like an uptake curve.

can the internet be take up/joined by 6 x more people in 1996, you bet.

And it's the first uptake with a price ticker attached to it. Can you imagine what the 'mobile phone' price chart would look like from 1985 to today?

It's often been said here that humans are really shit at comprehending compounding and exponential moves. I think I'm one of them too despite my best efforts.