Is Bitcoin growth going exponential?

[VirosaGITS]

The growth in the usage of bitcoin has been exponential from the start... As the rate of adoption inceases, the pace of growth accelerates even more

yet we are stuck since more than a year already, the impact if the last ATH from the big dumping that happened afterward, has frozen the good opinion that many had about bitcoin

now, because of that they are reluctant to trust bitcoin again, and this will not change until further improvements on any aspect of bitcoin

Well in the last year we were rebalancing after MtGox's fake pushing up of the price. If you compare to 2 years, we're at 270$~ vs 110$~ which seem pretty good imo. Now that we're mostly stabilized after the aforementioned bubble, we can start getting real growth data from what will happen from now on.

Unless another bubble hit soon...

[jehst]

I'm confused by people saying that the growth will be an S-curve, not exponential. An S-curve is no different than exponential growth. The S-curve is just exponential growth that has hit the saturation point.

Each S-curve is composed of many fractal S-curves. Take Facebook for example. Harvard had its own S-curve. Then growth plateaued for a few weeks or months until critical mass built up at another university. Then there was an S-curve at that university. Then there were a few weeks until critical mass built up at a third university. We should expect to have months go by where it seems like nothing is happening. We need critical mass to build up in a new demographic or new country or whatever to see the new waves of adoption.

[BantamSystems]

The growth in the usage of bitcoin has been exponential from the start... As the rate of adoption inceases, the pace of growth accelerates even more

[wadii33]

Also of interest:

About 2M wallets August 2014
4M wallets August 2015

So it doubled in 1 year. For it to double again we need 8M wallets in Aug 2016, seemingly not impossible because at the moment we look at 1M new wallets every 4 months. Coupled with some slight exponential growth I would say we are on track easily for 8M wallets August 2016.

16M Aug 2017
32M Aug 2018
64M Aug 2019
128M Aug 2020
256M Aug 2021
512M Aug 2022
1024M Aug 2023
2048M Aug 2024
4096M Aug 2025

...

That is of course highly simplified but who knows...it could be even faster because money is such an emotional thing - it may just lead to a situation where the rats run from the ship, although past historical data appears to indicate otherwise.

i think it will peak more higher in 2018 or 2017 because if people could get to know it it will make the joinon rate explode

[ausbit]

The growth in the usage of bitcoin has been exponential from the start... As the rate of adoption inceases, the pace of growth accelerates even more

Yes of course the Bitcoins growth is going exponential and I am sure it will reach its peak amount in this year .2016 will sure bring the good hope for all the Bitcoins users around the world.

[manis]

The growth in the usage of bitcoin has been exponential from the start... As the rate of adoption inceases, the pace of growth accelerates even more

Yes of course the Bitcoins growth is going exponential and I am sure it will reach its peak amount in this year .2016 will sure bring the good hope for all the Bitcoins users around the world.

But what is so special about 2016?
What does 2016 have that wasn't there in 2015?