more wall.jpg and less text
Pardonnez-moi? I prefer PNG myself but what the hey.
PIC
Reach little Bitcoin, reach.
1.8% daily growth rate is too fast for more than a short-term/mid-term outlook (anything a few months or less). The equivalent annual return is 7400%, which would bring us to $80k per coin by May 2014. I guess Risto would support such notions...
It *is* indeed a short/mid-term outlook
MBP. I think the log trendline using data back to Gox start (mid-2010) suggests the long-term return. It predicts $500 per coin by May 2014. Incredible but still credible if you see what I mean...
Yes indeed. When we think in a linear scale $500/ $1,000 per coin seems high but the log charts bear out that a 4 figure price is only a question of time. We can't sustain another 10x rise yet but we saw that happen this year already.
