Bitcoin prices have gone parabolic and its value seemingly tracks along with the controversial stock-to-flow (S2F) model, according to the pricing model’s creator. This week, the Twitter handle called “Plan B” said the “bitcoin stock-to-flow model.” [is] on schedule … like clockwork. “
Stock-to-Flow author is confident in S2F pricing model
Back in November 2020, news.Bitcoin.com reported on the popular but also controversial stock-to-stream pricing model created by Plan B. Plan B said at the time that he “has no doubt that bitcoin S2F is correct.” He also added that “bitcoin is more likely to tap into $ 100K-288K [December] 2021. I even have new data confirming that the supply shortage is real. IMO 2021 will be spectacular ”, Plan B emphasized two months ago.
During the last few weeks in which bitcoin’s value increased dramatically, Plan B reiterated its belief that the S2F model was still very good. Thursday the popular Twitter account tweeted: “Bitcoin Stock-to-Flow Model on Track … Like Clockwork.” Plan B also shared a chart showing the current price action seemingly tracking along with the S2F model. Plus, Plan B is too said those bitcoin’s “200WMA (weekly moving average) [is] by 10% per month. “
In addition, the Twitter account is called “ecoinometricsAlso tweeted about it BTC‘s price values after the halves. “I know it will be months, but who else is curious to see how close we will get to $ 286,000 in October?” ecoinometrics tweeted. Following the tweet, Plan B responded to ecoinometrics’ statement and saidTo: “Make it $ 288,000.” Another person spoke of the S2F model controversy and tweeted:
S2F denial on Twitter is all nice and fun, but what if some people acted on this advice and didn’t buy bitcoin? Who is held responsible for this?
Peter Schiff admits he missed Bitcoin’s gains
One person responded to the S2F tweet and denial said: “That would be their own fault if they don’t do their own research and rely on other people’s work. They will learn to take responsibility for their actions and hopefully grow through the experience. After explaining that his model was on track as a ‘clockwork’, Plan B also stated:
Yep, [the] The S2F and S2FX models are both on schedule. Big question is where does bitcoin find its new balance, $ 100K or $ 288K? We will know better by December 2021.
“While I missed Bitcoin’s big hike from the 2020 lows, I haven’t missed any big gains in other speculative investments,” says Schiff tweeted on Friday. “For example, I had Delta Electronics in Thailand for years. It is up 27% today and 27x from its low in 2020. Compare bitcoin gains with that, not gold, ”added Schiff.
How do you feel about Plan B’s stock-to-flow (S2F) model being on track as a “clockwork”? Let us know what you think about this topic in the comments below.
Image Credits: Shutterstock, Pixabay, Wiki Commons, Plan B, Twitter, lookintobitcoin.com, Bitcoin Wisdom,
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