If this doubling mechanic turns out to be fairly accurate Bitcoin will no longer be able to be manipulated. Everyone will come to consensus that Bitcoin should double every year, and everyone will know when to buy and when to sell.
Ironically enough this act in itself would probably bubble the price of Bitcoin due to the added value of being stable and consistent.
Even more interesting:
If this doubling mechanic turns out to be fairly accurate Bitcoin will no longer be able to be manipulated. Everyone will come to consensus that Bitcoin should double every year, and everyone will know when to buy and when to sell.
Ironically enough this act in itself would probably bubble the price of Bitcoin due to the added value of being stable and consistent.