Post
Topic
Board Speculation
Re: If current growth rate continues, $2000 by Dec 16
by
Love_and_Squalor
on 05/12/2013, 02:44:57 UTC
Now my question/ concern is will this growth continue.

Expand your graph to estimate the price 3 months from now and i think that you 'll get your answer  Tongue
i think its safe to assume it wont. but I wonder what price will be once this rate exhausts itself. once buyers run out of steam, sellers will take over driving price down in the same exponential fashion. i've been reading about damped oscillatory patterns because i see them everywhere on bitcoin charts. I'm not exactly sure of all the factors that drive these patterns but its interesting to think about none the less.