Quote from: netrin on July 19, 2011, 06:44:27 PM

Quote from: Xephan on July 18, 2011, 07:51:33 PM

Look further back, prior to the speculation spike caused by media events, 1 BTC was hovering around US$9. So if the Silkroad and other events did not bring Bitcoin into the limelight, US$9 would likely had be the "real" value of 1 BTC. What we're seeing now, in my non-financially trained opinion, is merely market correction to the correct valuation, quite possibly $9~$10 before it will climb up again.

Real = Final stable final value? Xephan meet exponential growth. Logarithmic graph please meet Xephan.

http://bitcoincharts.com/charts/chart.png?m=mtgoxUSD&c=1&s=2010-11-01&e=2011-06-01&l=1&p=0&t=S&m1=10&a2=&m2=25

Ah damn, didn't check the scale! Sad