Blind Faith in S2F Models: Analysts Question Measuring Bitcoin’s Price With Stock-to-Flow

One of the most bullish charts for predicting the price of bitcoin is the infamous stock-to-flow (S2F) model. The S2F analysis shows the price of BTC could reach $55,000 in the near future. One advocate of the S2F model, the Twitter account known as ‘Plan B,’ wrote a report about the subject and the article […]

The post Blind Faith in S2F Models: Analysts Question Measuring Bitcoin’s Price With Stock-to-Flow appeared first on Bitcoin News.

This Is How Much BTC You Need to Enter Bitcoin’s Elite 1% Club

Today there are 18,244,475 BTC in circulation and during the last few weeks, a number of bitcoin influencers have been talking about how much is needed to be included in Bitcoin’s top 1% of holders. For instance, according to Blockworks Group analyst Jake Levison, if you own 0.28 BTC “you’re statistically guaranteed to be in […]

The post This Is How Much BTC You Need to Enter Bitcoin’s Elite 1% Club appeared first on Bitcoin News.

Bitcoin Halving Will Drop Inflation Rate Lower Than Central Banks’ 2% Target Reference

When Satoshi Nakamoto invented Bitcoin, the creator designed the protocol to be an inflationary currency, one that is predictable as bitcoin’s inflation always decreases every four years. Today, 77 days before the reward halving, BTC’s inflation rate is around 3.6% and it’s expected to drop to 1.8% after the halving event. The cryptocurrency’s inflation rate […]

The post Bitcoin Halving Will Drop Inflation Rate Lower Than Central Banks’ 2% Target Reference appeared first on Bitcoin News.

Prediction: Bitcoin to Rival Gold as a Store of Value in the Digital Age Thanks to Halving

Prediction: Bitcoin to Rival Gold as a Store of Value in the Digital Age Thanks to HalvingThe total market capitalization of gold is estimated to be above $7 trillion, which is over 38 times that of bitcoin at the moment. However, there are those that think that the cryptocurrency is a better store of value for our age than the precious metal. The latest take on the idea explains how the […]

The post Prediction: Bitcoin to Rival Gold as a Store of Value in the Digital Age Thanks to Halving appeared first on Bitcoin News.