Don’t Buy Bitcoin by Taking for Granted the Stock-to-Flow Price Model That Is Just SpeculationBuy Bitcoin for good reasons.
Bitcoin is a true monetary revolution that will change the world of the future when it comes to money. Millions of people are already convinced of this, and for many, Bitcoin is already a Plan A. If you doubt it, just look at how Bitcoin is being used in Argentina, Venezuela, Nigeria, or Iran.
However, we should all be aware that a revolution of the magnitude of the Bitcoin revolution takes time.
Bitcoin has been progressing at its own pace since its creation by Satoshi Nakamoto. This has always been the case, and it also explains Bitcoin’s recipe for success. Since Bitcoin follows its own rules, it is impossible to predict how the Bitcoin price will evolve in the short term.
As I say every time I explain how the Bitcoin price might evolve in the short term, it is first and foremost a personal feeling.
In the middle and long term, it seems easier to predict the potential price that Bitcoin could reach. I personally see two big reasons why the Bitcoin price will reach one million dollars in 20 to 30 years. Again, however, I can’t give you any guarantees. It is simply a personal feeling.Bitcoin Stock-to-Flow price model has become extremely popular
Modeling the potential Bitcoin price in the short, middle, or long term is therefore extremely difficult, if not impossible.
However, a model proposed by the mysterious PlanB has become very popular in the Bitcoin world in recent months. The Plan B model is known as the Stock-to-Flow price model and was presented in a Medium article dated March 2019: “Modeling Bitcoin Value with Scarcity”.
I let you study this model and make your own idea about it.
Anyway, here is what this model predicts for Bitcoin price evolution:Bitcoin Stock-to-Flow Price Model
As you can see, PlanB’s model predicts that the Bitcoin price would reach...