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RE: When Will Bitcoin Reach $1 Million? - Updated Stock to Flow Model (99.5% R2)

in #threespeak5 years ago (edited)

This is the model which I'm banking on. What else can you do but rely on some kind of an idea to navigate through life? That very much applies to finances and financial risk taking as well. As far as I know, there is nothing better in the whole crypto space to base your strategies on than the stock-to-flow model of Bitcoin valuation, one key assumption being that interest in crypto continue well into the future. I'm also assuming that no government clampdown will be able to effectively squelch crypto because of its global reach and there being several competing blocs of powerful states in the world, some of whom stand to benefit greatly from the freedom of crypto. The supremacy of the USA is waning and so are the days of the US dollar as a means of foreign policy. Fighting crypto will be to no avail in the long run.

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