Cycles are getting longer, not shorter

Fractal faggots missed the run up to 13k

Except the halving is coming and it has to break ATH by then.

Not this time frend, yes cycles were getting longer but this time btc inflation will be bellow fiat so there will be an aceleration of the price growth so this cycle is becoming shorter again.

Can't speak for the fourth halving tough but this one seems to be getting shorter due to the inflationary effect.

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>I admit that I am super skeptical of how early this apparent bull run has arrived (if it is one at all).

So was i until it clicked on me why or at least a theory of why.

On localbitcoins you can see the volume in usd stable while the supply of btc collapsing like a halving.

USD
coin.dance/volume/localbitcoins/ALL
BTC SUPPLY
coin.dance/volume/localbitcoins/ALL/BTC

I have been thinking why the fuck this may be happening and i think the cause is that we have reached the last generation of asic miners due to te moore law.
They simply can't make them more efficient after 5nm , so before miners had income minus electric cost minus money saved to upgrade asics.

Now they don't need to upgrade asics anymore so they have income - electric cost.
They are no longer being forced to sell a big part of their income and with the halving around the corner and btc inflation going bellow fiat it may explain the supply collapse in btc happening.

Either that or big players are buying all the supply.

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warosu.org/biz/thread/S14273390
i posted this a month ago and people laughed at me. 3200 wasnt the bottom

3200 was the bottom 100% sure , after every post halving ath we experienced an 83% collapse in price.

The only reason this fucking dump happened is because the same 20B in capital of bobos entering and exiting through Tether are manipulating the shit daytrading.

It's the same fucking 20B usd entering and exiting but 9k is consolidated and in the meanwhile the supply of btc in localbitcoins is collapsing fast for some reason.

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the supply left to mine is a meme, its insignificant compared to whats already sitting on whales wallets all over the world. Imagine a giant farm needing its own nuclear plant just to mine what pajeet mined in his shit pc in 2011

Due to game theory the supply left to mine is the most important thing moving price as miners are forced to sell to pay for electricity.
In a way mined coins represent the base of the monetary supply in bitcoin.

If they now are forced to sell less coins due to having the last asics that would cause a massive price effect.

The cycle is getting longer and the right time to buy was in December.

how are we looking on the log scale, bois?
for me it's hard to tell

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Long term investors are buying. DCA up or down. But the dip is not a meme. Day trading is risky.

So tether is doomed and will collapse? Really nothing else that will cause a panic sell to 1k. It needs to happen.

I listened. So I've got seven figures invested in various stocks. I'm starting to wonder how far out we are from the next recession though. Feels like it's less than a year away.

bro science

This would only make sense if BTC wasn't going to utilized as a global asset, the rate of adoption would eat up any dips. Sorry buddy. There won't be a bear market like you think. Not until after a massive.. and I mean MASSIVE rise.

based bulltard

You guys are all missing one thing from what I see.
QE.
You think tether is a scam? Try QE. Try the fed printing amounts of USD that even Tether doesn't have the balls to crank out.
You need to understand what's going to happen. Trump is going to get the fed to crank down rates and crank up the press so that the Dow is blistering by the time the election rolls around next year.
If you think that this has no correlation to the price of BTC AT THIS POINT IN TIME you are fucking delusional.
Hell
I bet a bunch of that money which would otherwise go into the stock market will be detoured right into crypto instead this go round.
Prove me wrong.
Pro tip: you can't

HOPIUM
O
I
U
M

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No hopium, I'm not a hodler. I'm not in it for the tech.
If you trade up and down long and short you don't care what direction it goes as long as it moves.
I don't care, iI just need it to move and have a margin exchange w/ decent liquidity.
But what I described is the way I see it from a "fundamental" standpoint.

This is fucking retarded
The last bubble bottomed in like Jan 2015, about a year after the top, same with this time around
Then it got close to the bottom again in late 2015, then the slow bullrun started
I suspect that we won't get anywhere close to the latest bottom again because people have wisened up about bitcoin after it's popped and reinflated 3-4 meaningful times already

I agree with that assertion. If there is more QE (likely) it'll blow the fucking top off this market. Then it is a matter of timing one's exit

Elaborate on this for us retards. What do you think this means?

hey retard, look at the supply in January 2018. Local bitcoin supply literally has ZERO correlation to price.

Stop being a brainlet.

where have a i heard this shit before?