projected run of the bitcoin bubble
Updated
- fitting a parabola to the log plot of the price since the Nov'13 spike
- current rate of rise is not as steep as back then, so lots of mileage left in this rise
- only concern is, can mining - currently using at least 10GW - adapt to the electricity demand ?
- current rate of rise is not as steep as back then, so lots of mileage left in this rise
- only concern is, can mining - currently using at least 10GW - adapt to the electricity demand ?
Note
ok all, this was over the top i'm sure, but you get the gist of it !
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