Wait a second, Brendan hasnt even made the offer! You have, on his behalf!!
you "could" get a better deal off Brendan , if he thinks truly it will be worthless by the start of Jan 19 and some others think it will be worth more , just do a deal and cut out the middle man! I'm sure Brendan in his mind could buy you back 5x the amount you hold now if they are only $100 each , of course if they go up in value he might need to sell everything and you could end up owning askaboutmoney
But then again, charts - farts
if you torture them enough they'll tell you what you want to hear.
And you have done just that...
Those charges appear to show adoption rates. In other words, by 1945, almost 100% of citizens in the US had a phone.
It has nothing to do with the price curve for Bitcoin.
Bitcoin has a close to zero adoption rate. Its usefulness and adoption rate might increase when it falls back to being worth $1 or less. While it is at $16,000 it is useless.
As a counter to the usual bubble chart that gets trotted out, bitcoin's bubbles might just be growth spurts on the common S curve:
but anyway do you not agree that the long term price of bitcoin is related to demand, which is related to adoption?
can you explain to me how the price per bitcoin would have any effect whatsoever on any use case?
First they ignore you,
then they laugh at you,
then they fight you,
then you win....
To say that a chart showing the adoption of mobile phones was comparable to the price of mobile phones individually would indeed be misleading, but there's a huge difference between that and bitcoin:You claimed
You showed a chart for one thing and claimed it was comparable to something else. It's not.
I am guessing that the price of everything in the other chart went down, as adoption went up.
Obviously lots of people are buying now due to FOMO, many (maybe most) of the them will walk away when the hype cycle ends, some of them will 'get it' and stay. History has shown that bitcoin typically finishes each of these hype cycles with more users than it started with though, that's why I don't think we go below $1000 again unless the whole thing has failed or been surpassed.It's likely that the adoption of Bitcoin will be hindered by its high price and manic rise.
There's nothing to directly compare it to.