Bitcoin {user|individual|customer} numbers {and|as well as|and also} {investment|financial investment} are {set to|readied to} {double|increase} every 12 months, {commentator|analyst} Willy Woo {has|has actually} {forecast|anticipated}.

1. Bitcoin User Base Doubling Every 12 Months: Google Trends
teamsteverhyner.com/bitcoin-user-base-doubling-every-12-months-google-trends/
Bitcoin user numbers and investment are set to double every 12 months, commentator Willy Woo has forecast.
Citing data from Google, the increasingly controversial Woo calculates that Bitcoin doubles its users every 371
days.
Woo writes on his Woobull blog:
“What we have here is a steady exponential growth baseline with periodic peaks. These peaks are
inline with price bubbles where more users start checking the price of their precious coins. Taking
readings from the baseline results in an order of magnitude growth every 3.375 years. Or expressed
in terms of time to double the user base it’s approximately 12 months.”
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2. “Expect capital injections into BTC to be similar for the years ahead,” he added introducing the data on Twitter.
In terms of adoption, Woo expects a classic S-shaped curve as a trend for Bitcoin, like for other innovative
technologies such as radio, computers and the Internet.
“If I was to assume Bitcoin’s adoption curve will be a symmetric S-curve, we’ll reach 50% adoption in 9 more years,
however to complete the last half of the S will take 17 more years 26 years from today,” he added.
Woo is positioning himself as an increasingly popular source of analysis in the Bitcoin world, attracting both praise
and criticism for his posts on social media.
Re-posted from www.cointelegraph.com by William Suberg March 15, 2017
Time marches on and so does Bitcoin use and acceptance. When will you start mining Bitcoin? It’s easy,
transparent and safe with an American based mining operation. Click here or email me: steve@prplus.us
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3. Steven L. Rhyner
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