kurious
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June 01, 2014, 02:15:21 AM

I also found that the bubbles (or peaks, if you would prefer to call them that) seem to occur approximately every 234 days (an observation already mentioned on this forum) - with the minimum time between peaks being 213 days and the maximum time being 235 days. Considering there have been six peaks, that is a very small degree of variability for such a volatile phenomenon as Bitcoin.

It would be cool if someone could work out a root cause for this. It would be interesting if it was a slight mistuning in the Bitcoin protocol. Or perhaps a harmonic of reward halving.

Seems too regular to not have some factor affecting it, but once a pattern is established, it will be expected and therefore (potentially) self-fulfilling.