So every 4 years, coins half, people buy in, price rise, then 4 years later coins half, people buy in, price rise etc. Rinse / repeat. I’m still confused on its valuation and how that valuation is tied to any other underlying asset performance apart from BTC value itself. Great when you’re in low and out high if you understand what causes price fluctuations. Maybe I’m missing the point / being stoopid, but it does feel a bit ponzi.