Bitcoin's current price of ~$48,000 is well short of the Stock to Flow model's expectations.
Plan B himself has historically said that failure to reach $100,000 by December 31st 2021 would invalidate his S2F model.
Could the S2F model be invalidated this month?
▶️ 3Speak
We still have few days to 2022, so there can still be pump in price to reach that amount, crypto can be funny with pump in price.
Oh for sure. Unlikely IMO, but definitely still possible!
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Interesting that people would try to invalidate stock to flow when the price is at the downside but when the price is exponentially up no one complains.
Why does no one claim stock to flow is invalid when the price is massively bubbled? Looking at the chart it really doesn't look that far off at the moment.
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Hello @louisthomas, I think that the current price of BTC will have a correction, that is, we are used to this volatility, I am a Holder, so patience is my thing and it has given me results.
Hey nice Christmas tree and I like the Christmas cushion, a simple and sober decoration, elegant
Thank you for the cushion compliment!! haha
Hi @louisthomas ,I want to thank you for your support and wish you a merry Christmas
Thank you sir, you too!