Based On Google Trends The Bitcoin User Base Are Doubling Every 12 Months!
A commentator, Willy Woo has forecast that the Bitcoin user numbers and investments are set to double every 12 months. Citing data from the Google, the rapidly increasing controversial Woo calculates that the Bitcoin doubles its users every 371 days.
As Willy Woo written on his Woobull blog that what we have here is a steady exponential growth baseline with the periodic peaks. And these peaks are inline with the price bubbles where more users start checking the price of their precious coins. And taking the readings from the baseline outcomes within an order of magnitude growth of every 3.375 years or being expressed in terms of time to double the user base of approximately in the duration of 12 months. …Plus anticipate the capital injections into the BTC to be similar for the years ahead.
In the terms of the adoption, Willy Woo has to look forward to a classic S-shaped curve as a trend for the Bitcoin, and similar for the other innovative technologies such as the radio, computers and the internet. As he stated that if he were to deduce the Bitcoin’s adoption curve will be a symmetric S-curve, and we will reach 50% adoption in coming 9 more years, on the other hand, to complete the last half of the S will take 17 more years and 26 years from today!
Willy Woo is setting himself as an increasingly popular source of analysis in the Bitcoin world attracting both praise and criticism for his post on the social media.
Read more: https://www.ecoin.eu/en/news/article/581/ba...very-12-months/