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this chart tracks approximately 3 of bitcoin's halving cycles, starting in around 2013, until now

notice how in the 1/3rds of the period it each time reaches a new high that coincidentally is also the log10? 1000, 10,000, now 100,000

the cycle curve looks like it's getting slower but i think that's because it's an adoption sigma curve, which looks sharper at the beginning and when it reaches the middle point... here is an example

https://whatfix.com/blog/technology-adoption-curve/

it's a sigma, and when it reaches the point where it starts to decelerate (which we are seeing now( this is just before the point at which the technology penetrates broadly and becomes ubiquitous

so, you would expect it will sharply rise in the first cycle, slow down a bit in the second, and seem to almost stall in the third, and then in the coming cycle, which is the 4th after the ones in the price chart, it sharply goes up again

which is why i think we could see $1,000,000 bitcoin before the next 3 years passes

i wish it wolud come sooner but i'll be able to stack enough anyway to get my boat within the next 6 months anyhow, that's enough for me, a lot of new things to learn when i get to that

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 10mo ago

the adoption curve stuff there shows a sigma that starts horizontal and passes upwards nearly vertical and then back to horizontal

the price that follows this path is exactly flipped, it starts vertical, flattens out in the middle, and then returns again to a sharp upward moment until it is ubiquitous... and coincidentally, this curve tends to operate over some particular time period that has to do with how fast this adoption curve moves as to how quickly the deployment of technology is, ie, the scaling of the production of the technology

we are definitely now at a point where the cost of deploying new infrastructure for bitcoin is falling fast, i think an example of this can be seen with teh Alby Hub and the numerous other LSP based lightning wallets, breez, acinq, wallet of satoshi, Lightning, in contrast to Bitcoin, is only in its second 4 year cycle, and it is part of how the incoming rapid acceleration of price as more and more assets are priced in bitcoin and more and more is being held off the market due to its excellent store of value properties

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