Bitcoin 101 Blackboard – Why Bitcoin’s Growth is Normal & The S-Curves You Could Never See – YouTube

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Think of the growth curve of bitcoins similar to the growth curve of Facebook, Twitter and Google. It’s absolutely normal as the public is becoming more aware of the bitcoin system. The part that really seems to be the hardest to understand is that bitcoins are not a ponzi or pyramid scheme and they do have actually monetary value. They are growing at such an exponential rates due to the population putting value into them. Just think of the stock market and how quickly Facebook, Google and Twitter experience huge jumps in value. It is on the same basis that bitcoins have become so valuable. But unlike Facebook, bitcoins have only one purpose, it’s purpos is monetary instead of social platforming.

http://www.youtube.com/watch?v=qHUPPYzzZrI

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