Four Charts That Suggest Bitcoin Value Could Be At Ten, zero USD Next Year

Four Charts That Suggest Bitcoin Value Could Be At Ten,000 USD Next Year

Has the Bitcoin Value bubble burst? Looking at the most latest prices, we seem readier for a gentle nosedive than a fresh rollercoaster rail to the top. Many altcoins are heading down too: Litecoin, Peercoin and your beloved Dogecoin are all in a stable slide to the drain of the cryptocurrency world. But looking at the charts below, many would argue that Bitcoin is up for a fresh rise to Ten,000 USD. This latest bubble wasn’t the very first bubble, and it won’t be the last for Bitcoin.

Bitcoin price in USD from begin two thousand thirteen to June 2014.

You see that little top in April 2013? That was a bubble just like the most latest big one. It was playing out on a lower price level, but the percentage rise was identically big. There have been more bubbles in markets ever since markets were invented. All begin with a slow rise in price, then a parabolic hop to the top, and the unpreventable crash and rebound. At the end of every bitcoin bubble, the value is about 2x higher than what it was. Every time.

To see this trend in activity, we have to display the price on a logarithmic scale. This is useful for values that grow exponentially. The chart below shows us the Bitcoin/USD value over the same 2013-2104 period on a logarithmic scale.

Bitcoin price chart in USD on a logarithmic scale.

I stress that this is the very same chart, but on a different scale. One can see exponential growth, more or less stable over the years. In two thousand twelve the price grew from $Five to $13. In two thousand thirteen from $13 to $800. If we make a similar leap in 2014, we come to the (crazy) price of Ten,000 per bitcoin. For this the Bitcoin value only has to proceed its trend. Following the total 2012-2014 chart, one can see continious valleys followed by spikes. We are presently in a valley, which is very good news. What will be the value in 2015? The chart below takes an educated guess:

Bitcoin price prediction for 2015

Google Trends on Bitcoin

The fact that we are in a valley is confirmed by Google. Google trends shows us how popular a keyword is. It tracks the number of searches for ‘Bitcoin’ and other keywords, and displays that in a graph over time. The resulting chart of user interest shows peaks and valleys corresponding in time with the peaks of the price, as can be seen in the excellent research in this forum post.

Google searches for ‘Bitcoin’

Does this mean more user interest increases the price? Or does a higher price generate more user interest? We can’t be sure, but it is clear that they go well together. We are presently in a valley of user interest, which means another top is in the make. Bitcoin news is widespread, but how many people do you know that own one? According to wallet counts, the number of current Bitcoin users has hardly reached more than one million yet. Bitcoin is at it’s very infancy.

“Bitcoin is still in the earliest phases of industry development. The very first years of Bitcoin were about building the infrastructure. Bitcoin entrepreneurs were busy setting up the most basic but fundamental aspects, including wallet and mining services. Today, Bitcoin is just commencing to inject the investment phase, where venture capitalist, hedge funds and other financial firms are kicking off to invest money and capital into this nascent technology. Bitcoin isn’t fairly ready for the consumer phase, where end users begin to utilize the services. If the entire history of Bitcoin was a clock, we’re still in the very early time. I would say were maybe in the 2nd 2nd of the entire history.” Nicholas Cary, CEO of Blockchain.info (source)

The next leap in price could be ignited by the Winklevoss brothers bringing Bitcoin to the Nasdaq, or by the SecondMarket Bitcoin Investment Trust handing over Wall Street dollars. But wherever it comes from, the charts are certainly bullish. My advice is ordinary. Buy now, and wait.

Four Charts That Suggest Bitcoin Value Could Be At Ten, zero USD Next Year

Four Charts That Suggest Bitcoin Value Could Be At Ten,000 USD Next Year

Has the Bitcoin Value bubble burst? Looking at the most latest prices, we seem readier for a gentle nosedive than a fresh rollercoaster rail to the top. Many altcoins are heading down too: Litecoin, Peercoin and your beloved Dogecoin are all in a stable slide to the drain of the cryptocurrency world. But looking at the charts below, many would argue that Bitcoin is up for a fresh rise to Ten,000 USD. This latest bubble wasn’t the very first bubble, and it won’t be the last for Bitcoin.

Bitcoin price in USD from begin two thousand thirteen to June 2014.

You see that little top in April 2013? That was a bubble just like the most latest big one. It was playing out on a lower price level, but the percentage rise was identically big. There have been more bubbles in markets ever since markets were invented. All commence with a slow rise in price, then a parabolic hop to the top, and the unavoidable crash and rebound. At the end of every bitcoin bubble, the value is about 2x higher than what it was. Every time.

To see this trend in activity, we have to display the price on a logarithmic scale. This is useful for values that grow exponentially. The chart below shows us the Bitcoin/USD value over the same 2013-2104 period on a logarithmic scale.

Bitcoin price chart in USD on a logarithmic scale.

I stress that this is the very same chart, but on a different scale. One can see exponential growth, more or less stable over the years. In two thousand twelve the price grew from $Five to $13. In two thousand thirteen from $13 to $800. If we make a similar hop in 2014, we come to the (crazy) price of Ten,000 per bitcoin. For this the Bitcoin value only has to proceed its trend. Following the utter 2012-2014 chart, one can see continious valleys followed by spikes. We are presently in a valley, which is very good news. What will be the value in 2015? The chart below takes an educated guess:

Bitcoin price prediction for 2015

Google Trends on Bitcoin

The fact that we are in a valley is confirmed by Google. Google trends shows us how popular a keyword is. It tracks the number of searches for ‘Bitcoin’ and other keywords, and displays that in a graph over time. The resulting chart of user interest shows peaks and valleys corresponding in time with the peaks of the price, as can be seen in the excellent research in this forum post.

Google searches for ‘Bitcoin’

Does this mean more user interest increases the price? Or does a higher price generate more user interest? We can’t be sure, but it is clear that they go well together. We are presently in a valley of user interest, which means another top is in the make. Bitcoin news is widespread, but how many people do you know that own one? According to wallet counts, the number of current Bitcoin users has hardly reached more than one million yet. Bitcoin is at it’s very infancy.

“Bitcoin is still in the earliest phases of industry development. The very first years of Bitcoin were about building the infrastructure. Bitcoin entrepreneurs were busy setting up the most basic but fundamental aspects, including wallet and mining services. Today, Bitcoin is just kicking off to inject the investment phase, where venture capitalist, hedge funds and other financial firms are kicking off to invest money and capital into this nascent technology. Bitcoin isn’t fairly ready for the consumer phase, where end users begin to utilize the services. If the entire history of Bitcoin was a clock, we’re still in the very early time. I would say were maybe in the 2nd 2nd of the entire history.” Nicholas Cary, CEO of Blockchain.info (source)

The next hop in price could be ignited by the Winklevoss brothers bringing Bitcoin to the Nasdaq, or by the SecondMarket Bitcoin Investment Trust handing over Wall Street dollars. But wherever it comes from, the charts are undoubtedly bullish. My advice is plain. Buy now, and wait.

Four Charts That Suggest Bitcoin Value Could Be At Ten, zero USD Next Year

Four Charts That Suggest Bitcoin Value Could Be At Ten,000 USD Next Year

Has the Bitcoin Value bubble burst? Looking at the most latest prices, we seem readier for a gentle nosedive than a fresh rollercoaster rail to the top. Many altcoins are heading down too: Litecoin, Peercoin and your beloved Dogecoin are all in a constant slide to the drain of the cryptocurrency world. But looking at the charts below, many would argue that Bitcoin is up for a fresh rise to Ten,000 USD. This latest bubble wasn’t the very first bubble, and it won’t be the last for Bitcoin.

Bitcoin price in USD from begin two thousand thirteen to June 2014.

You see that lil’ top in April 2013? That was a bubble just like the most latest big one. It was playing out on a lower price level, but the percentage rise was identically big. There have been more bubbles in markets ever since markets were invented. All embark with a slow rise in price, then a parabolic hop to the top, and the inescapable crash and rebound. At the end of every bitcoin bubble, the value is about 2x higher than what it was. Every time.

To see this trend in act, we have to display the price on a logarithmic scale. This is useful for values that grow exponentially. The chart below shows us the Bitcoin/USD value over the same 2013-2104 period on a logarithmic scale.

Bitcoin price chart in USD on a logarithmic scale.

I stress that this is the very same chart, but on a different scale. One can see exponential growth, more or less stable over the years. In two thousand twelve the price grew from $Five to $13. In two thousand thirteen from $13 to $800. If we make a similar leap in 2014, we come to the (crazy) price of Ten,000 per bitcoin. For this the Bitcoin value only has to proceed its trend. Following the utter 2012-2014 chart, one can see continious valleys followed by spikes. We are presently in a valley, which is very good news. What will be the value in 2015? The chart below takes an educated guess:

Bitcoin price prediction for 2015

Google Trends on Bitcoin

The fact that we are in a valley is confirmed by Google. Google trends shows us how popular a keyword is. It tracks the number of searches for ‘Bitcoin’ and other keywords, and displays that in a graph over time. The resulting chart of user interest shows peaks and valleys corresponding in time with the peaks of the price, as can be seen in the excellent research in this forum post.

Google searches for ‘Bitcoin’

Does this mean more user interest increases the price? Or does a higher price generate more user interest? We can’t be sure, but it is clear that they go well together. We are presently in a valley of user interest, which means another top is in the make. Bitcoin news is widespread, but how many people do you know that own one? According to wallet counts, the number of current Bitcoin users has hardly reached more than one million yet. Bitcoin is at it’s very infancy.

“Bitcoin is still in the earliest phases of industry development. The very first years of Bitcoin were about building the infrastructure. Bitcoin entrepreneurs were busy setting up the most basic but fundamental aspects, including wallet and mining services. Today, Bitcoin is just embarking to come in the investment phase, where venture capitalist, hedge funds and other financial firms are beginning to invest money and capital into this nascent technology. Bitcoin isn’t fairly ready for the consumer phase, where end users begin to utilize the services. If the entire history of Bitcoin was a clock, we’re still in the very early time. I would say were maybe in the 2nd 2nd of the entire history.” Nicholas Cary, CEO of Blockchain.info (source)

The next leap in price could be ignited by the Winklevoss brothers bringing Bitcoin to the Nasdaq, or by the SecondMarket Bitcoin Investment Trust handing over Wall Street dollars. But wherever it comes from, the charts are certainly bullish. My advice is elementary. Buy now, and wait.

Four Charts That Suggest Bitcoin Value Could Be At Ten, zero USD Next Year

Four Charts That Suggest Bitcoin Value Could Be At Ten,000 USD Next Year

Has the Bitcoin Value bubble burst? Looking at the most latest prices, we seem readier for a gentle nosedive than a fresh rollercoaster rail to the top. Many altcoins are heading down too: Litecoin, Peercoin and your beloved Dogecoin are all in a constant slide to the drain of the cryptocurrency world. But looking at the charts below, many would argue that Bitcoin is up for a fresh rise to Ten,000 USD. This latest bubble wasn’t the very first bubble, and it won’t be the last for Bitcoin.

Bitcoin price in USD from begin two thousand thirteen to June 2014.

You see that lil’ top in April 2013? That was a bubble just like the most latest big one. It was playing out on a lower price level, but the percentage rise was identically big. There have been more bubbles in markets ever since markets were invented. All embark with a slow rise in price, then a parabolic leap to the top, and the inescapable crash and rebound. At the end of every bitcoin bubble, the value is about 2x higher than what it was. Every time.

To see this trend in act, we have to display the price on a logarithmic scale. This is useful for values that grow exponentially. The chart below shows us the Bitcoin/USD value over the same 2013-2104 period on a logarithmic scale.

Bitcoin price chart in USD on a logarithmic scale.

I stress that this is the very same chart, but on a different scale. One can see exponential growth, more or less stable over the years. In two thousand twelve the price grew from $Five to $13. In two thousand thirteen from $13 to $800. If we make a similar hop in 2014, we come to the (crazy) price of Ten,000 per bitcoin. For this the Bitcoin value only has to proceed its trend. Following the utter 2012-2014 chart, one can see continious valleys followed by spikes. We are presently in a valley, which is very good news. What will be the value in 2015? The chart below takes an educated guess:

Bitcoin price prediction for 2015

Google Trends on Bitcoin

The fact that we are in a valley is confirmed by Google. Google trends shows us how popular a keyword is. It tracks the number of searches for ‘Bitcoin’ and other keywords, and displays that in a graph over time. The resulting chart of user interest shows peaks and valleys corresponding in time with the peaks of the price, as can be seen in the excellent research in this forum post.

Google searches for ‘Bitcoin’

Does this mean more user interest increases the price? Or does a higher price generate more user interest? We can’t be sure, but it is clear that they go well together. We are presently in a valley of user interest, which means another top is in the make. Bitcoin news is widespread, but how many people do you know that own one? According to wallet counts, the number of current Bitcoin users has hardly reached more than one million yet. Bitcoin is at it’s very infancy.

“Bitcoin is still in the earliest phases of industry development. The very first years of Bitcoin were about building the infrastructure. Bitcoin entrepreneurs were busy setting up the most basic but fundamental aspects, including wallet and mining services. Today, Bitcoin is just embarking to inject the investment phase, where venture capitalist, hedge funds and other financial firms are commencing to invest money and capital into this nascent technology. Bitcoin isn’t fairly ready for the consumer phase, where end users begin to utilize the services. If the entire history of Bitcoin was a clock, we’re still in the very early time. I would say were maybe in the 2nd 2nd of the entire history.” Nicholas Cary, CEO of Blockchain.info (source)

The next leap in price could be ignited by the Winklevoss brothers bringing Bitcoin to the Nasdaq, or by the SecondMarket Bitcoin Investment Trust handing over Wall Street dollars. But wherever it comes from, the charts are certainly bullish. My advice is ordinary. Buy now, and wait.

Four Charts That Suggest Bitcoin Value Could Be At Ten, zero USD Next Year

Four Charts That Suggest Bitcoin Value Could Be At Ten,000 USD Next Year

Has the Bitcoin Value bubble burst? Looking at the most latest prices, we seem readier for a gentle nosedive than a fresh rollercoaster rail to the top. Many altcoins are heading down too: Litecoin, Peercoin and your beloved Dogecoin are all in a stable slide to the drain of the cryptocurrency world. But looking at the charts below, many would argue that Bitcoin is up for a fresh rise to Ten,000 USD. This latest bubble wasn’t the very first bubble, and it won’t be the last for Bitcoin.

Bitcoin price in USD from begin two thousand thirteen to June 2014.

You see that lil’ top in April 2013? That was a bubble just like the most latest big one. It was playing out on a lower price level, but the percentage rise was identically big. There have been more bubbles in markets ever since markets were invented. All begin with a slow rise in price, then a parabolic hop to the top, and the unpreventable crash and rebound. At the end of every bitcoin bubble, the value is about 2x higher than what it was. Every time.

To see this trend in act, we have to display the price on a logarithmic scale. This is useful for values that grow exponentially. The chart below shows us the Bitcoin/USD value over the same 2013-2104 period on a logarithmic scale.

Bitcoin price chart in USD on a logarithmic scale.

I stress that this is the very same chart, but on a different scale. One can see exponential growth, more or less stable over the years. In two thousand twelve the price grew from $Five to $13. In two thousand thirteen from $13 to $800. If we make a similar leap in 2014, we come to the (crazy) price of Ten,000 per bitcoin. For this the Bitcoin value only has to proceed its trend. Following the utter 2012-2014 chart, one can see continious valleys followed by spikes. We are presently in a valley, which is very good news. What will be the value in 2015? The chart below takes an educated guess:

Bitcoin price prediction for 2015

Google Trends on Bitcoin

The fact that we are in a valley is confirmed by Google. Google trends shows us how popular a keyword is. It tracks the number of searches for ‘Bitcoin’ and other keywords, and displays that in a graph over time. The resulting chart of user interest shows peaks and valleys corresponding in time with the peaks of the price, as can be seen in the excellent research in this forum post.

Google searches for ‘Bitcoin’

Does this mean more user interest increases the price? Or does a higher price generate more user interest? We can’t be sure, but it is clear that they go well together. We are presently in a valley of user interest, which means another top is in the make. Bitcoin news is widespread, but how many people do you know that own one? According to wallet counts, the number of current Bitcoin users has hardly reached more than one million yet. Bitcoin is at it’s very infancy.

“Bitcoin is still in the earliest phases of industry development. The very first years of Bitcoin were about building the infrastructure. Bitcoin entrepreneurs were busy setting up the most basic but fundamental aspects, including wallet and mining services. Today, Bitcoin is just beginning to come in the investment phase, where venture capitalist, hedge funds and other financial firms are commencing to invest money and capital into this nascent technology. Bitcoin isn’t fairly ready for the consumer phase, where end users begin to utilize the services. If the entire history of Bitcoin was a clock, we’re still in the very early time. I would say were maybe in the 2nd 2nd of the entire history.” Nicholas Cary, CEO of Blockchain.info (source)

The next leap in price could be ignited by the Winklevoss brothers bringing Bitcoin to the Nasdaq, or by the SecondMarket Bitcoin Investment Trust handing over Wall Street dollars. But wherever it comes from, the charts are undoubtedly bullish. My advice is ordinary. Buy now, and wait.

Four Charts That Suggest Bitcoin Value Could Be At Ten, zero USD Next Year

Four Charts That Suggest Bitcoin Value Could Be At Ten,000 USD Next Year

Has the Bitcoin Value bubble burst? Looking at the most latest prices, we seem readier for a gentle nosedive than a fresh rollercoaster rail to the top. Many altcoins are heading down too: Litecoin, Peercoin and your beloved Dogecoin are all in a sustained slide to the drain of the cryptocurrency world. But looking at the charts below, many would argue that Bitcoin is up for a fresh rise to Ten,000 USD. This latest bubble wasn’t the very first bubble, and it won’t be the last for Bitcoin.

Bitcoin price in USD from begin two thousand thirteen to June 2014.

You see that little top in April 2013? That was a bubble just like the most latest big one. It was playing out on a lower price level, but the percentage rise was identically big. There have been more bubbles in markets ever since markets were invented. All commence with a slow rise in price, then a parabolic hop to the top, and the unpreventable crash and rebound. At the end of every bitcoin bubble, the value is about 2x higher than what it was. Every time.

To see this trend in act, we have to display the price on a logarithmic scale. This is useful for values that grow exponentially. The chart below shows us the Bitcoin/USD value over the same 2013-2104 period on a logarithmic scale.

Bitcoin price chart in USD on a logarithmic scale.

I stress that this is the very same chart, but on a different scale. One can see exponential growth, more or less stable over the years. In two thousand twelve the price grew from $Five to $13. In two thousand thirteen from $13 to $800. If we make a similar hop in 2014, we come to the (crazy) price of Ten,000 per bitcoin. For this the Bitcoin value only has to proceed its trend. Following the total 2012-2014 chart, one can see continious valleys followed by spikes. We are presently in a valley, which is very good news. What will be the value in 2015? The chart below takes an educated guess:

Bitcoin price prediction for 2015

Google Trends on Bitcoin

The fact that we are in a valley is confirmed by Google. Google trends shows us how popular a keyword is. It tracks the number of searches for ‘Bitcoin’ and other keywords, and displays that in a graph over time. The resulting chart of user interest shows peaks and valleys corresponding in time with the peaks of the price, as can be seen in the excellent research in this forum post.

Google searches for ‘Bitcoin’

Does this mean more user interest increases the price? Or does a higher price generate more user interest? We can’t be sure, but it is clear that they go well together. We are presently in a valley of user interest, which means another top is in the make. Bitcoin news is widespread, but how many people do you know that own one? According to wallet counts, the number of current Bitcoin users has hardly reached more than one million yet. Bitcoin is at it’s very infancy.

“Bitcoin is still in the earliest phases of industry development. The very first years of Bitcoin were about building the infrastructure. Bitcoin entrepreneurs were busy setting up the most basic but fundamental aspects, including wallet and mining services. Today, Bitcoin is just commencing to inject the investment phase, where venture capitalist, hedge funds and other financial firms are kicking off to invest money and capital into this nascent technology. Bitcoin isn’t fairly ready for the consumer phase, where end users begin to utilize the services. If the entire history of Bitcoin was a clock, we’re still in the very early time. I would say were maybe in the 2nd 2nd of the entire history.” Nicholas Cary, CEO of Blockchain.info (source)

The next leap in price could be ignited by the Winklevoss brothers bringing Bitcoin to the Nasdaq, or by the SecondMarket Bitcoin Investment Trust handing over Wall Street dollars. But wherever it comes from, the charts are undoubtedly bullish. My advice is plain. Buy now, and wait.

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