Bitcoin Network Growth Metrics and the Next Mega Price Rally



Network growth has been steadily growing larger and stronger over the last two years. While many people only look at the value of bitcoin, they are failing to see the adoption rate. The bitcoin price may have dipped slightly recently, and the record all-time high price of $1,124 USD of late November 2013 may now seem like a long way off.

The bitcoin network itself is continuing to grow larger than ever. While according to Metcalf’s Law, which states the value of a telecommunications network is proportional to the square of its users. There comes a point in this rate of growth where the tipping point is more easily discernable. This article aims to give alternative insight into the growth within bitcoin. We can safely assume that if the total rate of growth and adoption included the entire cryptocurrency space then the numbers would show an even greater adoption rate.

And we can see the exponential growth

Read more ... source: CryptoCoinsNews