a simple rule is wave 3 is never the shortest wave compared to 1 and 3. so if you measure wave I (according to my count) and stick it at the end of wave II you will get a target somewhere over 5K on a semilog chart. that is a minimum where wave I=waveIII
"In this sense, it's more typical of a precious metal. Instead of the supply changing to keep the value the same, the supply is predetermined and the value changes. As the number of users grows, the value per coin increases. It has the potential for a positive feedback loop; as users increase, the value goes up, which could attract more users to take advantage of the increasing value."
Comment from February 18, 2009