What gappened in the previous cycles that dropped prices?
What gappened in the previous cycles that dropped prices?
If i am not mistaken, we had 2 cycles (just saw btc and eth charts) so far. So only 2 cycles do not mean that crypto actually has cycles.
What were the events that caused prices to drop both times?
Maybe this time it goes higher and does not drop drastically?
Trevor Moraes Answered question
Cycles exist because every certain amount of blocks in the chain, which usually amount to around 4 years, the amount of btc rewards for mining per day, gets cut in half. This leads to many consequences which have generally created a 4 year cycle
Trevor Moraes Answered question
Global M2. Satoshi was smart enough to align halving protocol with this. Every 4-5 years, global m2 expands and contracts
Bhanuka Harischandra Answered question