Ray Kurzweil’s famous price/performance of computation chart. Since 1939 it has followed a near perfect exponential straight line, unbroken for over 80 yrs and still going. Bitcoin will likely follow a similar growth curve over a similar timeframe. See the third green dot at the bottom. That is where Bitcoin is now.

Reply to this note

Please Login to reply.

Discussion

Bitcoin;

ASIC chip performance; exponential, which lines up with the graph you have provided.

Hashrate; cyclical - dependant on market incentives and difficulty.

Price; Not exponential

Go Bitcoin!