942: BITCOIN MODEL WHICH ACCURATELY PREDICTED 14X RISE STILL POINTS TO $500K BTC PRICE - HERE’S WHEN!!!

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3.6 • 626 Ratings

🗓️ 29 May 2022

⏱️ 21 minutes

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Summary

Quant analyst Plan B, creator of the Bitcoin stock-to-flow model, which correctly predicted the 14X rise in BTC price, from $4,000 to $55,000 shares good Bitcoin news on crypto twitter, that the S2F model still points to $500K per coin after the 2024 halving. "Even if the original $55K model was right and the later $100K update wrong, the difference is "only" 2X. Remember that S2F model was created in March 2019, when bitcoin was below $4K. IMO the correctly predicted 14X rise (55/4) is worth more than the 2X prediction error (100/55)." Original 2019 $55K S2F model seems to fit better than later $100K update. Interestingly a refit based on 18m average S2F ratio and 3 yrs new data confirms the original model. The bad news: $100K was probably too high. The good news: model still points to $500K after 2024 halving." Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:00.0	Rated T for Teen.
0:01.5	Each year, thousands of adults lose their shred.
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0:26.4	Pre-order Tony Hawk's Pro Skater 3 and 4 and play the foundry demo.
0:30.2	There are days when you're hungry for McDonald's.
0:33.9	Then there are days when you're Big Arch hungry for McDonald's.
0:39.2	You'll get to know the difference.
0:42.5	New Big Arch for Big McDonald's hunger.
0:49.8	Until 9th of September from 11 a.m., participating restaurants only subject to availability. In today's show, the Bitcoin price action to couples from the stock markets, but not in a good way.
0:54.7	As GlassNode points out here, what looks like this time might be different. Also, this is not
0:59.3	the decoupling that we wanted. And I shared here, Bitcoin is currently in its fourth longest
1:03.8	downtrend in its entire history, and quitting Max Kaiser, Tucker Carlson needs to switch it up a bit
1:08.7	and talk to a Bitcoin OG that has lived through
1:10.8	several huge drawdowns in Bitcoin since 2011 when Bitcoin was a dollar for some perspective.
1:16.0	Saylor is great, but he is still a newbie.
1:18.8	And quoting the Central African Republic president, Bitcoin will pave the way for a better future.
1:23.6	Facts.
1:24.2	Also in today's show, Paraguay approves their crypto regulation bill via 40, 12 vote. That's right,
	...

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