Quote from: BTCtrader71 on May 29, 2014, 03:24:52 AM

Quote from: ranlo on May 29, 2014, 02:47:18 AM

Quote from: BTCtrader71 on May 29, 2014, 02:01:18 AM

I can't see into the indefinite future, but I think continuation for the next 2-4 years is as good of a guess as any other. This is based on back-of-the-envelope valuations of $ 500 K - $1 M that are found elsewhere in this forum.

https://docs.google.com/spreadsheet/ccc?key=0ArD8rjI3DD1WdFIzNDFMeEhVSzhwcEVXZDVzdVpGU2c#gid=1

I think we're going to have a sharp rise once big news comes out (say the eBay/PP thing) and that may create its own curve separate from what we've been dealing with. There are a lot of positive things in the works right now. I just think we may hit our short-term cap shorter than we think (ie. hitting 5k within a year and then being stuck there for a few years).

Near-term good news events like integrations of bitcoin into eBay / Paypal, assuming that sort of thing occurs (and I think it's inevitable), should not be considered outside or "separate" from the logistic model. They are just dominos lined up and waiting to fall, according to a model where each domino knocks down two more (yielding a doubling time of 90-100 days). And there are still a LOT of dominos left standing, more than anyone will reach within 2 years at the rate we're going.

We went almost $30 a day for 5 days before stalling. As long as we keep getting ≈$150/week in June, it's looking like a bubble.