Recently, the S2F creator called Plan B stated that the style of the world’s oldest cryptocurrency Bitcoin is entirely on track, and it might reach the six-figure price by 2021. The debatable Bitcoin stock-to-flow (S2F) author said on Sunday, November 8, that his trust is within the style of Bitcoin’s price gaining process.
Plan B also informed his Twitter fans that he does not doubt that it might reach the predicted six-figure during the ending of 2021. The editorial known as Modeling Bitcoin’s Value with Scarcity by Plan B is well-liked by his followers and has caught the group’s eye for rather a while.
The S2F author is determined regarding his remarks because of BTC’s style for gaining price moves. He suggested that it will be around $100k by any means till December 2021.
The editorial, which is famous as Stock-to-flow, is often called S2F or S2FX for the newest style. It is regarding technical research about cryptocurrencies, which leverage Bitcoin’s stock and flow. He includes numbers in the Stock-to-flow editorial that show the years required at the current production rate to accomplish the current stock.
The higher will be the number, and the price will get higher according to the reside chart monitoring website. This is because; the stock-to-flow style has been implemented to Bitcoin’s present value.
Following Plan B’s remark regarding Bitcoin’s value gain, an individual asked about his anonymity and said that if Plan B’s model fails, he will delete Twitter and disappear forever. The nameless author of S2F Plan B answered that his anonymity makes the editorial extra interesting.
Apart from this, a couple of different Twitter users stated that they liked Plan B’s self-assurance and thanked the author for his contributions towards the cryptocurrency space.