Price Model of Bitcoin and Cryptocurrencies

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What is the rate of growth of bitcoin and cryptocurrency technology? Here’s my favorite model, illustrating a decaying (but consistently averaging triple-digit) rate of growth for years to come.

Previous video on the future of Bitcoin / Cryptocurrencies: https://www.youtube.com/watch?v=07SRXK4WAlU

Here are the latest graphs by trolololo on bitcointalk: https://bitcointalk.org/index.php?topic=831547.0

12 COMMENTS

  1. I'll tell you why Ripple cannot be shut down. One word: Google

    They are an investor in the protocol. Google Ventures along with other reputable technology companies have put their proverbial pound of flesh into this currency. The contacts alone with Ripple ate staggering in helping to influence their presence and future within this new digital ecosystem. I do see your point on the centralized aspect of Ripple but i see too much of the power players involved. 

  2. I have yet to find anyone who is proficient in economics who believes the value of Bitcoin will be increasing over time. The number of new players entering into the global cryptocurrency game is phenomenal. Pen Bancorp is raising Bitcoin by swapping preferred shares for Bitcoin, converting the Bitcoin into US and Canadian currencies and investing in Community Banks who adopt cryptocurrencies as a fair medium of exchange. One Preferred share of Pen Bancorp is going for $1,000,000 with a 6% promised annual return payable in Bitcoin or Dollars. The shares are electronic bearer shares themselves cryptonized.

  3. Great logarithmic model Tommy. Tim Draper did predict that Bitcoin would be hitting $10,000 by 2017. Your model here looks like it is in line with this prediction. We'll have to see. What do you think of Ripple Labs, Tommy.

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