I'm with sharke on this one ...I happen to like the green holographic projection ..
The number one survival tool to keep in mind when you are riding on 2 wheels is to say to yourself,
"I am invisible to everybody on the road when I'm riding two wheels "
To think otherwise is very unwise and foolish
I have found out the hard way firsthand that there is very little consolation to be had as you are strapped in a gurney on your way to the hospital knowing that you had the right of way and the driver that hit you claimed to the police that they just didn't see you .
The green bike in sharkes picture I suspect is also being projected for the benefit of pedestrians ..
Pedestrians in many cases are a rare breed of human that do not have the ability to judge a moving vehicles speed .
Pedestrians also like to run out in traffic to jaywalk against moving traffic at the absolute last moment when they stand the greatest risk of being hit by the moving vehicle

I would suspect that while the pedestrian is finishing up a text message they will be looking down at their feet and they would see a moving halo of a green cycle coming their way ......
all the best,
Kenny