October 1, 2020 | technology | No Comments
Bitcoin is on track to be one of the year’s best performing assets, despite a recent retraction—but that’s not stopped bitcoin bulls from fighting on Twitter.
The bitcoin price has climbed through much of 2020, adding some 40%, with the bullish stock-to-flow model—that predicts a massive $288,000 bitcoin price before 2024—working “like clockwork,” according to its anonymous creator.
However, a number of high-profile bitcoin analysts and entrepreneurs have clashed over the stock-to-flow model this last week, with the anonymous PlanB accusing his critics of trying to unmask him and his model derided as “absolutely useless.”
“The [stock-to-flow] model is based