"Where's 'retail'? I can't see new people joining the space. This must be a complete different cycle."

Bros, 2020 been there, same story. Year of the halving, 'veterans' rugging eachother. Few new people, we all thought that time was different.

New people come when shitcoins pump aka altcoin season. That happens in the last stage of a bull run.

We're damn early and this time will be the same. Just watch and be pacient.