Quote from: SuperHakka on December 22, 2013, 03:24:51 PM

Quote from: GigaCoin on December 22, 2013, 02:25:39 PM

the rats thing was just an analogy he used to explain what an S curve is it wasn't to compare bitcoin. You need to give it a chance and watch further were he analyses Twitter and Facebook Vertical growth period compared to bitcoin. The price is irrelevant to this topic, what you were concerned about is market saturation / peak growth a point which we haven't reached yet with Bitcoin.

vertical growth compared to bitcoin? bitcoin hasn't had any vertical growth. did you see my chart that I posted in my last post? how do you know we are not at saturation yet? just because your auntie and grandma don't use bitcoin then you assume we are not at saturation. Breaking news bud, they are never going to use bitcoin Shocked

if you seriously thnk they will, then you need to dunk your head a few times in bucket of iced water and then we continue below ok?

- Exactly, Bitcoin hasn't witnessed any vertical growth, because we haven't seen that level of growth it "yet"
- Infrastructure developments and Large scale investments are JUST getting started, we haven't witnessed years and years of investments & infrastructure development.
- Awarness is still low, adoption even lower how can it be the end? Bitcoin provides too many opportunities against traditional money systems and transfer that can't be ignored.
- From an investment asset perspective, there is still huge room for price and demand growth. Second market fund is only the start, funds all around the world will pop up (most other assets are dead with low returns).
- Yes Bitcoin value can be killed, but only by external factors mainly due to complete government ban, hopefully it ends with the Chinese (this is always a lingering risk that we have to accept)

Personally i think we're going to see Bitcoin's vertical Growth in 2014-2015, we haven't reached peak / saturation yet as much as it might feel to anyone holding Bitcoin at the moment.