I value Bitcoin as an anonymous digital currency. Although I’m not expecting to get rich, I’d like the ability to continuously generate enough Bitcoin to purchase desired services.
Is there any expectation that economic value per khash/sec (or client) per day will be at least somewhat stable? Difficulty just increased 300%, and USD/Bitcoin just increased about 500% (although that may turn out to be a spike). I do get that there’s no necessary relationship. However, perhaps there’s an economic basis for one (however approximate it might be).