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Re:Bitcoin exchange rate reached $100 USD per BTC by mtgx on Monday April 01, 2013 @11:31AM (#5473656)
I worry about that, too, but I think it's unlikely to happen, because Bitcoin will stabilize eventually. But it first needs to become so big (think $100 billion - $1 trillion here) that every single transaction affects the value in a very small way, and any top HN or Reddit article about it has an almost insignificant effect on its value.

I do believe that will happen eventually, but it's too early right now. Bitcoin works by the law of numbers - after all it's all numbers and math. When its tiny in value, its growth can be very high. When it's already huge, the growth will slow down a lot.

Re:Bitcoin exchange rate reached $100 USD per BTC by oscilloscope on Monday April 01, 2013 @12:23PM (#5474029)
I would expect steady growth of Bitcoin's price to look like the logistic function. Exponential at first, then flattening out. At some point, it would just grow opposite the inflation of other currencies once it's stable.

http://en.wikipedia.org/wiki/Logistic_function

Of course growth will probably come in fits and starts, not so smoothly.