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Contents
<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h217">Crypto King Goes Through Evolution Stages</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h382">More Data Used, More Noise Added</a></li></ul>
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Mr. PlanB recently published a significant revision of his 'stock-to-flow' model, which was made in accordance with his cross-asset approach. While the ultra-bullish sentiment of the model remains untouched, some of the figures are changed in the new version.
Crypto King Goes Through Evolution Stages
Mr. Plan B highlighted that similar 'stock-to-flow' models exist for different assets within in the financial world. This lets us better understand the scarcity of Bitcoin (BTC) among its 'competitors'.
<blockquote class="twitter-tweet">
“This thing [<a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw">#bitcoin</a>] is not a toy anymore, and it’s maybe not an asset anymore as well. It is going to be much bigger than that.”
PlanB + <a rel="nofollow" target="_blank" href="https://twitter.com/PeterMcCormack?ref_src=twsrc%5Etfw">@PeterMcCormack</a> podcast on Youtube:<a rel="nofollow" target="_blank" href="https://t.co/kHH9JzyM7w">https://t.co/kHH9JzyM7w</a>
— PlanB (@100trillionUSD) <a rel="nofollow" target="_blank" href="https://twitter.com/100trillionUSD/status/1256531136274149376?ref_src=twsrc%5Etfw">May 2, 2020</a></blockquote>
Plan B also announced that Bitcoin (BTC) is approaching the fourth major phase in its history. The first stage was nothing but a toy, the second stage reached the price of $1, and started to be treated as a parity with the U.S. Dollar. With an increase in adoption and price, BTC evolved into a Gold (XAU) parity.
Now on the verge of the fourth stage, the status of Bitcoin (BTC) is much higher. It is far beyond the concept, e-cash, and e-Gold as it is now a financial instrument. It is also something totally unprecedented in terms of global financial assets. Plan B will not be surprised if a doomed nation decides to utilize Bitcoin (BTC) for cross-border settlements.
More Data Used, More Noise Added
Speaking about his model, Plan B revealed that its accuracy has been proven by a significant amount of research, even with more detailed data during more granular time periods. Even his new model does not reconsider the role of scarcity in increasing the overall value.
<a rel="nofollow" target="_blank" href="#">card</a>
Mr. Plan B mentioned the last two last crucial milestones in terms of absolute numbers. For him, it was one billion transactions and one hundred billion net for the Bitcoin (BTC) market cap.
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Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
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Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
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Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
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Contents
<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h217">Crypto King Goes Through Evolution Stages</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h382">More Data Used, More Noise Added</a></li></ul>
Advertisement
Mr. PlanB recently published a significant revision of his 'stock-to-flow' model, which was made in accordance with his cross-asset approach. While the ultra-bullish sentiment of the model remains untouched, some of the figures are changed in the new version.
Crypto King Goes Through Evolution Stages
Mr. Plan B highlighted that similar 'stock-to-flow' models exist for different assets within in the financial world. This lets us better understand the scarcity of Bitcoin (BTC) among its 'competitors'.
<blockquote class="twitter-tweet">
“This thing [<a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw">#bitcoin</a>] is not a toy anymore, and it’s maybe not an asset anymore as well. It is going to be much bigger than that.”
PlanB + <a rel="nofollow" target="_blank" href="https://twitter.com/PeterMcCormack?ref_src=twsrc%5Etfw">@PeterMcCormack</a> podcast on Youtube:<a rel="nofollow" target="_blank" href="https://t.co/kHH9JzyM7w">https://t.co/kHH9JzyM7w</a>
— PlanB (@100trillionUSD) <a rel="nofollow" target="_blank" href="https://twitter.com/100trillionUSD/status/1256531136274149376?ref_src=twsrc%5Etfw">May 2, 2020</a></blockquote>
Plan B also announced that Bitcoin (BTC) is approaching the fourth major phase in its history. The first stage was nothing but a toy, the second stage reached the price of $1, and started to be treated as a parity with the U.S. Dollar. With an increase in adoption and price, BTC evolved into a Gold (XAU) parity.
Now on the verge of the fourth stage, the status of Bitcoin (BTC) is much higher. It is far beyond the concept, e-cash, and e-Gold as it is now a financial instrument. It is also something totally unprecedented in terms of global financial assets. Plan B will not be surprised if a doomed nation decides to utilize Bitcoin (BTC) for cross-border settlements.
More Data Used, More Noise Added
Speaking about his model, Plan B revealed that its accuracy has been proven by a significant amount of research, even with more detailed data during more granular time periods. Even his new model does not reconsider the role of scarcity in increasing the overall value.
<a rel="nofollow" target="_blank" href="#">card</a>
Mr. Plan B mentioned the last two last crucial milestones in terms of absolute numbers. For him, it was one billion transactions and one hundred billion net for the Bitcoin (BTC) market cap.
') (Line: 1145)
Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
__TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
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Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
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Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
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Alex Dovbnya
Gamza Khanzadaev
