Bitcoin at $288k sounds nice

in GEMS6 years ago

Past patterns indicate it may happen if we just wait long enough

Our friend PlanB has shown us how the Stock to Flow model has been right thus far and if it continues to be right, we should expect much higher prices in the coming decade.

Check out his latest:

image.png

(source: https://twitter.com/100trillionUSD/status/1261229993562181632)

On first glance, this number sounds ridiculous but if the USD is being printed like crazy, perhaps that number is acheivable.

What do you think?

Stay informed my friends.

-Doc

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I still say it's impossible due to law of large numbers.

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