Re: Why Bitcoin will collapse in price.

Everybody watch this.

All is explained.

http://www.youtube.com/watch?v=qHUPPYzzZrI

The S-curve, logistic model can not apply to Bitcoin. Alternative link.

That's an interesting point. But I can't get if your are talking about the price or the "adoption", i mean: a speculator "adopts" bitcoins iff he buys them once, it doesn't matter if he sells them after. And that should be S shaped.

Also "hoarding function" should be S shaped, where hoarding means truly belive in long term prospects of bitcoin and do not sell under a very high price.

We need a model of demand/supply, given this two S shaped extremes. Just thinking loudly.

Incorrect.

sorry, but if you are pointing there on a non constant regression line (like rpitelia's) this, i think, does not affect the overall s shaped quality of the curve... I'm a newbie here so i like to share thoughts. Very interesting matter, indeed.