COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Is it possible that the golden child of crypto-currencies is about to achieve "critical mass"? Is this an indication that blockchain is about to achieve "critical mass"?

What happens to the price at critical mass?

Soon we will know.
Comment: #parabolic
Comment: Welcome to Mass Adoption.
Enjoy your stay on the moon!
Comment: No gravity.
Comment: The one and only fundamental factor pertaining to cryptocurrency is the security of the network. The security is increased by difficulty of cryptography, and number of nodes that increase the length of the chain.

Not only is the difficulty increasing, but the number of nodes is also increasing. The reason the price is moving up at an exponential rate is because as more people learn about cryptocurrency and share it with friends, the word spreads faster and faster until there is a moment that is described in social dynamics as "Critical Mass" where enough people have heard about a movement, that the entire population will hear about the topic without having to go looking for it.

In this case, there are enough early adopters that the word is getting out, to where every person and their dog wants to join the network - increasing the length of the chain and contributing to the security of the network and value of the currency.
Comment: !
Comment: :D
Comment: !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Comment: Now everyone and their dog want bitcoin.
This is mass adoption.
Comment: 100k BTC incoming.
Comment: Looks parabolic to me...
@GrantPeace @Slim_Shady Yes it's parabolic.. what is your estimated return to mean value?
+1 Reply
@GrantPeace for sure it is parabolic:
+2 Reply
Lol, I guess Shaggy and his dog no longer wanted the bitcoin and rather opted for some Scooby snacks.
I dunno man, 100k is too much like 'new paradigm' to me. Don't get me wrong, we're all hodlers but I just don't see it, at least for a few years, heh what do I know though.
WOW Grant great analysis, im sitting in XRP :((
+1 Reply
@xrpxrp, you probably won't regret that in a few months :)
+2 Reply
NIGHTBLOOD jonnyfram
@jonnyfram, Oh, the irony.
@NIGHTBLOOD, lol your funny. check some of my trade ideas and you might be able to spend less time trolling people and more time making money. ;)
NIGHTBLOOD jonnyfram
@jonnyfram, I'm fine, thank you.
Same thing that was said in all the previous boom phases.
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