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There's a guy, PlanB (with the bitcoin B) who created a formula for estimtaing Bitcoin's price based on its emission, by correlating it with the price of other
by tudorconstantin 6y ago
There's a guy, PlanB (with the bitcoin B) who created a formula for estimtaing Bitcoin's price based on its emission, by correlating it with the price of other assets (mostly gold), called stock to flow. Here's a chart for it: https://www.lookintobitcoin.com/charts/stock-to-flow-model/ https://www.lookintobitcoin.com/charts/stock-to-flow-model/
As a TL;DR, the price should stabilize around $100k after the current bullrun.
- etrautmann 6y agoAs interesting as that is, those models should not be taken as a basis for investing one's nest egg. If you rely on this money to secure yourself or your family, it should not be placed in risky and speculative assets that are difficult to value and have histories of wild price swings in both directions.