Bitcoin Exchange Map
An animated map shows the real time flow of the world's money into Bitcoin. fiatleak

Bank of America Merrill Lynch on Thursday published a research report on bitcoin suggesting that the virtual currency could be worth up to $1,300. The firm stated its thesis as follows:

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Is bitcoin a bubble? Bank of America Merrill Lynch

Then Merrill followed up with these nine charts showing how it reached its conclusion.

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Chart 1 Bank of America Merrill Lynch
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Chart 2 Bank of America Merrill Lynch
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Chart 3 Bank of America Merrill Lynch
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Chart 4 Bank of America Merrill Lynch
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Chart 5 Bank of America Merrill Lynch
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Chart 6 Bank of America Merrill Lynch
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Chart 7 Bank of America Merrill Lynch
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Chart 8 Bank of America Merrill Lynch
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Chart 9 Bank of America Merrill Lynch