I see. Well, an average of 5% monthly increase would keep me very happy. But I see your point, that's not what we are used with Bitcoin with its periodical short term doublings on doublings and an occasional halving here and there.
It would make for a different experience... I am open to it if such were the case.
It would make for a different experience... I am open to it if such were the case.
The momentum traders that heavily piled in back in Oct./Nov. '17 really distorted things in the short term. I.E., distorted the long term log growth and price/performance expectations. And something tells me that was completely intentional.