They pump the price but then it still dumps to that same doubling value. Anyone who held still doubled their money.
This is completely asinine when you think about it and a great freedom giver to humanity.
Buy whatever amount of bitcoin and watch it double each year. That is 100% ROI PER YEAR. Think of what will happen in 10 years time if this holds up.
2019 6400
2020 12800
2021 25600
2022 51200
2023 102400
2024 204800
2025 409600
2026 819200
2027 1,638,400
2028 3,276,800
Not exactly John McAfee's prediction but a great return.