Gartner Hype Cycle

[mooseman99]

Anyone else think that the price of bitcoins over time looks exactly like the Gartner Hype cycle?  Which is specifically designed to measure adoption of new technologies over time

https://i.imgur.com/tFDJH.png
https://i.imgur.com/VjMYu.gif

Sources:
http://bitcoincharts.com/charts/mtgoxUSD#tgSzm1g10zm2g25zv
http://en.wikipedia.org/wiki/Hype_cycle

[ElectricMucus]

I agree.


But price and visibility aren't the same thing. I wouldn't be surprised if prices develop in the same manner but I wouldn't consider it certain or even a sound prediction.

[notme]

https://bitcointalk.org/index.php?topic=119096.0

[annette786]

As was discussed on the previous thread.  This is the look of a successful launch phase.  Where it goes now depends on the efficacy of the product.

[Spekulatius]

I wonder, why I have never seen any "digital currencies" -or similar- entries to their yearly updates.
Also wonder where they would put Bitcoin on their model.

[Adrian-x]

Related:

Bitcoin and Hype Cycle -
http://bitcointalk.org/index.php?topic=53068.0

The Startup Curve -
http://bitcointalk.org/index.php?topic=69039.0

Where is Bitcoin in the Technology adoption lifecycle? -
https://bitcointalk.org/index.php?topic=113606.0

[scrybe]

I wonder, why I have never seen any "digital currencies" -or similar- entries to their yearly updates.
Also wonder where they would put Bitcoin on their model.

Because for the most part they are funded by corporations wanting research about other corporations products. If enough Gartner subscribers or CIO's start talking about BitCoin they will start covering the market space.

It would be cool to see a Gartner Magic Quadrant (TM) with BTC, LTC, etc. on it, but the number of asterisks on an annually updated report would be insane right now...

Velocity will have to slow down a bit, maybe in 2014 we will see something.

I know a few analysts, I'll put a bug in their ear.

[mooncake]

I just need to dig this out.

Notice the graph pattern keeps repeating?

[Torque]

It would be cool to see a Gartner Magic Quadrant (TM) with BTC, LTC, etc. on it, but the number of asterisks on an annually updated report would be insane right now...

But does that really make sense?  The GMQ charts companies in a space, not protocols.  That would be like putting HTTP, SMTP, FTP, etc. on a chart.

Instead, it'd make more sense for the GMQ to show companies like BitPay, Coinbase, Circle, Blockchain.info, Bitstamp, VoS, etc.

[anonleak]

I wonder, why I have never seen any "digital currencies" -or similar- entries to their yearly updates.
Also wonder where they would put Bitcoin on their model.

Because for the most part they are funded by corporations wanting research about other corporations products. If enough Gartner subscribers or CIO's start talking about BitCoin they will start covering the market space.

It would be cool to see a Gartner Magic Quadrant (TM) with BTC, LTC, etc. on it, but the number of asterisks on an annually updated report would be insane right now...

Velocity will have to slow down a bit, maybe in 2014 we will see something.

I know a few analysts, I'll put a bug in their ear.

https://twitter.com/anonleak1/status/495540557037699072
https://pbs.twimg.com/media/BuCDgduIcAAY_46.jpg

[dompsairs]

So what does this mean, where are we at? it means we missed the boat and 1K was peak?

[TheNewAnon135246]

So what does this mean, where are we at? it means we missed the boat and 1K was peak?

I don't think we missed the boat. The price will rise above 1K again, it will take some time though.