Today news
About the same in other media
18.01 - 22:08
Three reasons why PlanB’s stock-to-flow model is not reliable
Reading now: 142
cointelegraph.comIn the last couple of years, the stock-to-flow model proposed by PlanB has become very famous. A quantitative study published on the site planbtc.com shows the model and the prediction that Bitcoin (BTC) could reach the capitalization of $100 trillion. Obviously, the crypto industry, including myself, was fascinated by the logic of the model and even more so by the idea that it could reach and exceed $100,000 as early as 2021.
In fact, the stock-to-flow model assumes that there is a relationship between the amount of a precious metal that is mined each year (flow) and the amount already mined previously (stock).
For example, the gold that is mined each year is just under 2% of the gold in circulation (held by central banks and individuals).
Read more on cointelegraph.comAbout this in other media
Ghostmarket: Mine NFTs on Three Blockchains cryptonews.com /2 years ago
Dow falls nearly 200 points, Nasdaq snaps three-day winning streak as tech rally stumbles cnbc.com /2 years ago
EU eyes three-year extension to post-Brexit clearing deal fnlondon.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
