I revised my bitcoin logistic adoption price analysis charts to combine four possible scenarios on one chart ..
Exponential growth (linear on a log axis as you've drawn) is inherently unstable, as no exponential growth goes on forever.
First, I do not appreciate your hijack of this important thread.
Second, my post is about using a logistic function to model bitcoin prices. Perhaps your reasoning is shallow, e.g. drawing wrong conclusions at a glance. There is an excellent Wikipedia article that explains what a logistic function is - and explains its many uses.
http://en.wikipedia.org/wiki/Logistic_functionSeriously, if you do not understand the math I would be glad to teach it to you.
Indeed adoption of new technologies is usually logistic.
However, this assumes the technology is not threatening to society-at-large, which I have reasoned Bitcoin is.
Thus I am expecting is an unstable exponential growth, with a waterfall crash which is what we see in market speculation, not technology adoption.
Market speculation is identified characteristically by greed instead adoption of technology for personal use and efficiency.I recently tried to buy some BTC anonymously and found out just how inefficient the process is (as in an entire day lost over $110 purchase).
Sorry but I am not hijacking, I am correcting your myopia.
If you want to talk math, I minored in math. No problem.