Is Bitcoin Displacing Gold?
A Technology S-curve Analysis
This is not investment advice. Bitcoin is highly volatile. Past performance of back-tested models is no assurance of future performance. Only invest what you can afford to lose. You must decide how much of your investment capital you are willing to risk with Bitcoin. No warranties are expressed or implied.
Commonly, when a new technology appears, it proceeds on an S-curve adoption path. And as it gains early market share against the old…