Bitcoin is about to explode.

[Nigeria Prince]

https://sphotos-b-ams.xx.fbcdn.net/hphotos-frc3/1835_464155803692233_1923019074_n.jpg

[sevenVII]

And do you have any data to back up your pretty little graph?

[001sonkit]

boom

[fandersson]

Nice graph but are you serious!!! Look at what happen to gold this year, do you remember people preaching it it would hit $2000, $5000. Bitcoin is not gold I know but nothing goes straight up. I would be happy if stays at 100, or 130 as today. Maybe then serious investors will get interested.

[elor70]

So are we all going to get rich?

[metal_jacke1]

Any instability in any currency or any run on banks such as the case in Cyprus. You will see a flock to Bitcoin, hence raising it's value due to increased demand. 

SO MINE MINE MINE!!

[pedrog]

Well, four more years and I'm a multi-millionaire! Retirement at 35 here I go!

[marcovaldo]

Sell your bitcoins today.
Tomorrow will be too late

[Goatboy]

There's one little bump in the road that may derail your (slightly deceptive logarithmic) graph.  That is the big brick wall lurking on the other side of ASICS.  There is a limit to profitable mining.  If Bitcoin has not established itself as the premier means of worldwide exchange before razor thin margins make mining near impossible, there will be a major crisis.

[pedrog]

There's one little bump in the road that may derail your (slightly deceptive logarithmic) graph.  That is the big brick wall lurking on the other side of ASICS.  There is a limit to profitable mining.  If Bitcoin has not established itself as the premier means of worldwide exchange before razor thin margins make mining near impossible, there will be a major crisis.

Bitcoin mining profitability is directly correlated to fiat/BTC price, if bitcoin price rises, mining becomes more profitable.

[metal_jacke1]

There's one little bump in the road that may derail your (slightly deceptive logarithmic) graph.  That is the big brick wall lurking on the other side of ASICS.  There is a limit to profitable mining.  If Bitcoin has not established itself as the premier means of worldwide exchange before razor thin margins make mining near impossible, there will be a major crisis.

The goal of Bitcoin is not mining. Mining is the means to which to just process the confirmations and release more Bitcoins into the market. It will eventually taper off as the reward is cut in half.

The goal is its anonymity and instant transactions along with its worldwide usage. There will still be demand for that because trust in Government will decline once all this debt catches up with us.

[Maidak]

$1000 a bitcoin and I can quit my day job haha!

[btcinstant]

boottaa boom booota bang!

[monbux]

Wow, it's going to be a young retirement for me... A chart doesn't prove shit, is there anywhere you got this info from?

[jasonslow]

Based on the chart I will become millionaire in 2017.

[expertcoin]

$1000 a bitcoin and I can quit my day job haha!

It's a dream not real. Don't every think to quit your day job.

[01BTC10]

$1000 a bitcoin and I can quit my day job haha!

It's a dream not real. Don't every think to quit your day job.

I don't need a dayjob even if bitcoin ever reach $1000 

Unless speculating on risky currencies and business count as one. 

[OneMoreHuman]

I am onemorehuman and I have come to preach the gospel of altcoins.

Woe to the Bitcoiners!

If there is such a flood of new users into the bitcoin network like this graph implies, it will not be able to scale properly.

Currently, there is not enough comprehensible information, mature software interfaces, or stable merchants to enable the bitcoin network to handle all this wealth.

Most importantly, the users of bitcoin are grossly overconfident about its technology.

True, Satoshi Nakamoto and all the other developers have made beautiful leaps forward with cryptography and decentralized networking. However, the technical decisions with proof-of-work, difficulty adjustments, and block rewards remain largely untested. We do not know what the best specifications of a cryptocurrency are.

New innovations like proof-of-stake, true anonymity, and multi-purpose mining that other cryptocurrencies are developing will soon make the bitcoin technology obsolete. Software engineering cannot be rushed, it is a slow, organic process that produces winners and losers.

So, just like you have decided to put your faith in bitcoin because you knew it was better than fiat, put your faith in the newer cryptocurrencies that promise yet greater freedom.

[smoothie]

I don't think we've seen anything yet. Once bitcoin goes more mainstream (assuming it does), price movements in fiat terms will be astounding.

[dancupid]

At the rate of growth you are suggesting we will need 30 to 40 billion people in the world using bitcoin in 2017 (assuming 3 to 4 million using bitcoin now, growing 10 fold year on year)

There are not enough people in the world to allow this to happen.

Most of the world's population will still not have the technology at hand to allow them to use bitcoin in the next 4 years.