Quote from: buwaytress on January 10, 2020, 06:28:42 AM

History repeating itself is probably inaccurate. You're talking about a cycle repeating here but you're only using 2 past instances -- which is the bare minimum to establish any sort of cyclical pattern.

I've no doubt halving, along with every other aspect of Bitcoin's design -- difficulty adjustment, fixed supply, fee structure, among others -- will all contribute to a gradual increase in valuation. Halving's just part of this scarcity and deflationary model.

BTC will have an all time low in new supply and a healthy, steadily growing ecosystem in the mainstream, so we are in new territory never seen before.

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