Bitcoin is about to explode.

[001sonkit]

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

Retirement at 20 BAM!

[Swordsoffreedom]

Wait we need some chaotic points here and there
Or are we calculating catostrophic rises in the difficulty of bitcoin mining 

[pedrog]

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

Retirement at 20 BAM!

Haha, even greater!

[Swordsoffreedom]

Out of the system in 2 years woot 

[immortal4now]

Nice graph 

I believe the graph was done for LOL

[marcovaldo]

Nice graph  

I believe the graph was done for LOL

Yes, it is a hoax.

[marcotheminer]

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

As much as all the scam emails he sends to everyone

[ineedednewusername]

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.

I believe it will skyrocket to $ 10,000

[oyeTorry]

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.

I believe it will skyrocket to $ 10,000

Good luck mate 

Price will not skyrockets if BTC business doesnt skyrocket, so we will see how many big merchants will be in BTC business 

[ninjaboon]

how much time did you spend on that pic?

[OneMoreHuman]

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.

You're right, except that the 3 to 4 million users of bitcoin only use it for some of their transactions. If all 7 billion people in the world used the 21 million bitcoins exclusively, we would probably see these predicted prices.

Of course, that is not going to happen, because:

1. Like others have said, only a few people have access to the technology to use cryptocurrencies.

2. Bitcoin's design is experimental. Newer cryptocurrencies will supersede it. (Like, Bitbars, Orbitcoins, Securecoins)

3. The smooth execution of Bitcoin's network will be compromised by someone, either through breaking SHA-256, achieving a mining monopoly for a 51% attack, or outlawing it.

[ldtran26]

that's why there's a lot of talk about BTCguild right now, since they command of the network's hashrate and it's no one's fault because they do offer the most payout. We just have to becareful not to ruining bitcoin because of something so simple

[ZendiMOREN]

lol $1M for a coin thats not posible unless that $1M is like $1000 now

[Piotrsama]

Looks legit.... LOL.

[HyperBeam]

Yeah, it's not likely that the bitcoin will reach $1M by 2017
Although I'm sure hoping it will!

[Xenoph0bia]

You're right, except that the 3 to 4 million users of bitcoin only use it for some of their transactions. If all 7 billion people in the world used the 21 million bitcoins exclusively, we would probably see these predicted prices.

Funny idea, all govts will ban any currency except Bitcoin. Only Bitcoin allowed 

[scarsbergholden]

I think bitcoin will explode next year. It has a ways to go down first. 

[imagereply]

http://static6.businessinsider.com/image/4efdc5146bb3f7823d00004b-480/beatles-fans.jpg

[b!z]

Maybe it will explode next year.. not this year.

[andrew12]