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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: cheezcarls on January 06, 2020, 03:02:13 PM

Title: Bitcoin Heading Towards $8,570 According to This New Indicator
Post by: cheezcarls on January 06, 2020, 03:02:13 PM
The Bitcoin stock to flow (S2F) model describes how long it would take Bitcoin to reach its current supply at its current rate of production, producing a metric known as the stock-to-flow ratio.

Because Bitcoin has one of the highest stock-to-flow ratios of any asset, it can be considered an attractive investment option. This is because it would take a long time for Bitcoin to achieve its current circulating supply at current production levels.


Click here to read the full news (https://beincrypto.com/bitcoin-heading-towards-8570-according-to-this-new-indicator/?utm_campaign=amba&utm_medium=social&utm_source=altcoinstalks&utm_content=jc)
Title: Re: Bitcoin Heading Towards $8,570 According to This New Indicator
Post by: Coin63@ on January 08, 2020, 09:56:21 AM
The Bitcoin stock to flow (S2F) model describes how long it would take Bitcoin to reach its current supply at its current rate of production, producing a metric known as the stock-to-flow ratio.

Because Bitcoin has one of the highest stock-to-flow ratios of any asset, it can be considered an attractive investment option. This is because it would take a long time for Bitcoin to achieve its current circulating supply at current production levels.


Click here to read the full news (https://beincrypto.com/bitcoin-heading-towards-8570-according-to-this-new-indicator/?utm_campaign=amba&utm_medium=social&utm_source=altcoinstalks&utm_content=jc)
Now bitcoin price in coinmarketcap $8300 which makes me more delightful. I hope bitcoin will hit 10k in the running month January.
Title: Re: Bitcoin Heading Towards $8,570 According to This New Indicator
Post by: cheezcarls on January 09, 2020, 06:31:08 AM
The Bitcoin stock to flow (S2F) model describes how long it would take Bitcoin to reach its current supply at its current rate of production, producing a metric known as the stock-to-flow ratio.

Because Bitcoin has one of the highest stock-to-flow ratios of any asset, it can be considered an attractive investment option. This is because it would take a long time for Bitcoin to achieve its current circulating supply at current production levels.


Click here to read the full news (https://beincrypto.com/bitcoin-heading-towards-8570-according-to-this-new-indicator/?utm_campaign=amba&utm_medium=social&utm_source=altcoinstalks&utm_content=jc)
Now bitcoin price in coinmarketcap $8300 which makes me more delightful. I hope bitcoin will hit 10k in the running month January.

But thanks to Trump's de-escalation, it pulled back a bit by almost $400. Anyways, what matters is that it's not gonna get worse for both US and Iran.