So... what's your take on the 4 year cycle?
I spent the last 6 months under the impression that all this talk about the cycle breaking was no more than click-bait for podcasters.
Now I'm not so sure.
#asknostr
#bitcoin
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Replies (6)
nostr:note1dcpw8t8rwwp8vxp6xm2sc9fwmg6typnmhayegp7edfh6dea5gjzstj9lvh
Real, but had most of its impact early on and gets less impactful the more existing supply dwarfs remaining future mining rewards
I like it. It's either a sellf-fulfilling prohecy played out by nervous traders expecting it, or a dynamic system adapting to institutional risk tolerance...
Also, the OG “self-fulfilling” narrative dovetails nicely with Jordi Visser’s take on bitcoin’s “ICO moment.”
https://visserlabs.substack.com/p/bitcoins-silent-ipo-why-this-consolidation
Ty for the link. I heard this discussed but have not read.
