If you draw a log graph, assuming exponential growth, from 2009 into the future, you see that Bitcoin has a tendency to return to the trend line over time. This means $100,000 sometime in 2021 or there about. There are so many assumptions for this to continue that I am not one to say this is guaranteed. Just an interesting observation, which may be true.
When you look at it like that, it shows that we have corrected back to where we should be for natural growth. I am still buying!
Posted using Partiko iOS
If you draw a log graph, assuming exponential growth, from 2009 into the future, you see that Bitcoin has a tendency to return to the trend line over time. This means $100,000 sometime in 2021 or there about. There are so many assumptions for this to continue that I am not one to say this is guaranteed. Just an interesting observation, which may be true.