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RE: More on why decreased inflation equates to a lower token price.

in LeoFinance • 4 years ago

Well firstly you're not crazy, and I can't wait to see what your app has in store once it gets launched.

I don't think majority of bitcoin traders are awfully concerned about the status quo though. Many are quite okay seeing it double rapidly albeit once every four years

4 years ago in LeoFinance by
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         4 years ago 

        To be fair Bitcoin is doubling every year, bouncing off the curve.

        Bitcoin Doubling Curve

        20132014201520162017
        $100$200$400$800$1600
        20182019202020212022
        $3200$6400$12800$25600$51200

        The curve is scary accurate.

        All that happens every four years is a supply shock that wrecks newcomers.
        The mega-bubble goes x10+ above the curve, but then it just crashes back down to the curve a year later.

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