Decrypt’s Art, Fashion, and Entertainment Hub.
A stock-to-flow model is commonly used to measure commodity scarcity but may also be applied to #Bitcoin to generate actionable insights around $BTC's supply. Learn more here: https://t.co/xZHtx86y0R pic.twitter.com/wF3c1JEB6H
— Grayscale (@Grayscale) September 2, 2020
¿Qué es el modelo "stock-to-flow" de Bitcoin?
Do you think #bitcoin will reach $500K, $288K (S2FX model) or $100K (S2Fv2 model) before December 2021 .. or will BTC stay below $100K?
— PlanB (@100trillionUSD) February 26, 2021
Very interesting to see Fidelity's view on #bitcoin and stock to flow: "Commodities with a [high S2F] have historically served as superior stores of value. [..] Bitcoin’s stock-to-flow will eclipse that of gold following the next halving (2024)."https://t.co/qIkE3czHNJ pic.twitter.com/cZZSECOeqK
— PlanB (@100trillionUSD) August 24, 2020
Por qué Stock-to-flow está mal
The "halvings cause BTC price rises" theory is unfalsifiable:
Was the peak before the halving? Then it "rose in anticipation of the halving"
During? "Because of the halving"
After? "Because of..."
The last $20k peak was near the halfway point between the 2016 and 2020 halvings. pic.twitter.com/dhVxhmECQS
— vitalik.eth (@VitalikButerin) June 14, 2020