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Bitcoin: Understanding Growth, S-Curves, and Price Volatility.

RuecanOnRails
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Great video which attempts to explain why the current path and volatility is normal growth for Bitcoin. In addition to giving some insight, there are comparisons to exponential growth in nature, adoption of technology, and other companies such as Facebook, Twitter, and Google.

 

You keep using that word. I do not think it means what you think it means.
Users cannot, and will not securely manage key material. Most users can't and the ones that can, wont.

Ask me about Bitcoin, Litecoin, Crypto-Currencies, and/or Mining them.

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Waiting for my pc parts to arrive and this was a good vid to kill some time :)

 

Pretty interesting stuff, the vid provides some good insight  :)  Now the question is, to invest or not to invest in bitcoin, seems profitable  :P

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Waiting for my pc parts to arrive and this was a good vid to kill some time :)

 

Pretty interesting stuff, the vid provides some good insight  :)  Now the question is, to invest or not to invest in bitcoin, seems profitable  :P

 

Whether to invest or not is questionable and varies from person to person. One thing I can say for sure that I'm rather bullish for the future of Bitcoin and it's underlying protocol. Even if Bitcoin fails, the ideology behind it will live on in it's successor. Decentralized Crypto-Currencies are here to stay, similar to the growing awareness of the internet in the 90's, the cat is out of the bag and it's not going away anytime soon.

 

Keep in mind, people that are just learning and jumping in now will still be considered early adopters later on. Until there is a mainstream understanding, and Bitcoin is widespread it will be varying degrees of early adopters. Bitcoin is only just bigger than the economic M1 of Lebanon. http://coinometrics.com/bitcoin/bmix

You keep using that word. I do not think it means what you think it means.
Users cannot, and will not securely manage key material. Most users can't and the ones that can, wont.

Ask me about Bitcoin, Litecoin, Crypto-Currencies, and/or Mining them.

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