Bitcoin Forum

When do we hit triple digits??

You mean 100+?

Might be be a while.

lol.  We went from $2 to $10 in less then a year..

$10 to $100 seems doable..  Triple digits baby! ;)

inb4 log charts

http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=360&i=Daily&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=1&p=0&

It's the beginning of a new paradigm!

So do you think it will take longer to go from double digits to triple digits, or triple digits to quadruple digits??

You'd think it'd take increasingly more time.

I wouldn't. Price depends on demand. Demand depends at least partially on adoption rate. At some point adoption could become exponential until we hit some kind of saturation, which we are currently far from.
Going to be one hell of a ride.

When you turn that hyperbolic curve it can shoot up to the moon in no time..

The critical mass could be triple digits and the rise to quadruple could happen quite fast..

Yes the growth is exponential. But so are the increases from single, to double to triple to quadruple (etc) digits. Whether it slows down or goes faster depends on the exponent.

I reality however the adoption rate will slowly be less and less like an exponential function because of saturation (yes even now there is a saturation rate) and therefore the time between the number of digits changing is expected to increase in each hop. Of course markets (or bitches) be crazy!

Here we go again.

I wonder if in a months time I will go: WHY DID I NOT BUY THEN?!? or DAMN I'M GLAD I DIDN'T BUY ANY!!

Either way, I'm not parting with the coins I have now.

They are still worth a lot more to me, than the market is willing to pay.

So in Engrish you're saying:  so much...haaa...you want 10 dolla bang bang...haaa...so much...you sucky sucky...10 dolla gang bang now!!!

For those that don't understand the increases are exponential:

1-10 =>   9
10-100=  90
1000-100= 900
10000-1000=9000

The function of the increases delta's is: y=0.9 * 10 ^x
an exponential function

If they are worth more to you than the market is willing to pay keep buying until this is no longer true.

Depends what you need the money for and in what time frame.

Nope, cause I am not willing to risk anything.

Besides, if I buy bitcoins through the options available to be, I will leave a paper trail, and I do not want to do this, since I am unsure of Bitcoin legality/taxation.

This is a different topic, so let's not derail :)

10!

If bitcoin is illegal, I'm fucked.  I haven't seen any evidence of this though.

I will be paying taxes on my BTC-sourced income.

Anyway, 10k BTC bid @ $10 :).

Buy more mining gear!!