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Re: What is the Future of Bitcoin ?
by
pitham1
on 05/11/2014, 00:28:15 UTC

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