Quote from: BitCoinDream on November 04, 2014, 02:00:32 PM

Quote from: panju1 on October 14, 2014, 01:04:05 AM

Quote from: BitCoinDream on September 26, 2014, 04:08:54 PM

Quote from: liteboozer on September 18, 2014, 07:14:13 AM

Someone jsut cracked me up saying bitcoin will stabilize at "0" in a couple of years. Grin

Show him/her the following Stat and ask for his/her opinion...

A statistical explanation why 1BTC may equal 1M USD in future...

Value of 1BTC (around figure)

2009 => 10^-2 USD
2010 => 10^-1 USD
2011 => 10⁰ USD
2012 => 10¹ USD
2013 => 10² USD
2014 => 10³ USD
2015 => 10⁴ USD
2016 => 10⁵ USD
2017 => 10⁶ USD

--- Early Adoption Ends Here and The Price Stabilizes ---

10⁴ in 2015 seems way too optimistic now. Cheesy

In 2012 10³ appeared to be too optimistic for 2013 as well Wink

You do know where the price at the end of 2014 appears to be heading. Tongue