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