“New and groundbreaking technologies are not linear, they are S-curves. Growth starts out small, maybe stays linear for a while but at some point a critical mass is reached and adoption propagates like a chain reaction with each new user causing more new users to adopt. Later when saturation is nearing the curve slows down and starts to level off (you can just see that starting to happen at the end of this chart). Bitcoin is following a similar adoption curve, the only difference is that the price is also affected by other factors like greed, fear, news, and the economy.”
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Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
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