Quote from: RodeoX on April 17, 2014, 03:02:06 PM

Quote from: SlipperySlope on April 17, 2014, 02:20:14 PM

... and according to a logistic model of bitcoin adoption that I maintain, that astounding rate of increase will continue year by year until the half way point of adoption, at which the rate of increase rapidly diminishes.
...

I wonder about that. Your model does follow adoption of products for example. You may be right. But bitcoin has some properties that are more comparable to something like domain names. In that case the demand seems to grow based on increasing uses for the internet protocol. It's going to be interesting to look back 10 years from now.

Peter_R has discovered evidence that Metcalfe's Law applies to Bitcoin - which I comment about here . . .

Metcalfe's Law Explains 10x Price Growth Vs. 3.2x Transaction Quantity Growth