Spencer Bogart, Blockchain Capital general partner, discusses his predictions for the cryptocurrency market in 2020. He speaks with Bloomberg’s Joe Weisenthal and Scarlet Fu on “What’d You Miss?” (Source: Bloomberg)
According to economics reference materials, stock to flow is defined as a relationship between production and current stock of a commodity
It has gained a following in the crypto community as a measure of future Bitcoin performance. This has stemmed from updated models and theory published by industry analyst ‘PlanB’.
Using previous Bitcoin halvings as an example the analyst predicted that the same will happen again as the stock to flow ratio doubles after the BTC block reward is halved. This works on the premise of perceived supply scarcity and resultant increase in demand.
It has been a strong argument, especially when backed up with charts showing previous rallies after a halving. . A live chart can be viewed here and it has been pretty accurate so far.
#btc #bitcoin #eth #xrp #coinmarketcap #bitcoinprice #bitcoinforecast #finance #cryptocurrency #bull #bullmarket #btcprice #satoshi #vitalik #buterin #bloomberg #tech #future #bitcoin2020 #btc2020
source
This is the best time to buy bitcoin.Investing in Bitcoin has been the smartest decision of my life, initially frustrating, I lost half my portfolio to the crash, trading couldn’t help me because I had little experience , all I needed was somebody to put me through.On several occasions, Bitcoin Ben and some majority of the videos uploaded on Altcoin Buzz channel made references about a Pro Trader- Walter Aarav who has an affordable Strategy to show thousands of investors out there loosing because they lack the knowledge to trade their Bitcoin, they also dropped his contact in the comment section. I reached out to him through his Telegram, he has been giving the best trading Tips and I have been able to increase my little 3.5Btc to 9BTC, Thanks to those that mentioned him in your videos, you are all part of my success story. Y'all can reach out to him through His TELEGRAM +1 323 776 6410, * /Mail (waltertrading10@yahoo . Com }}