Backup Header Below

Plan B’s Stock-to-Flow Price Model Denounced by Vitalik Buterin, Says Model Can Be ‘Harmful’

For a few years now, the pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has become a very well known bitcoin influencer gathering 1.8 million Twitter followers. However, after the S2F price model didn’t come to fruition and dropped well below the price targets in 2022, Plan B and his price model have been criticized a great deal. On Tuesday, Ethereum’s co-founder Vitalik Buterin denounced the S2F price model and said “financial models that give people a false sense of certainty” can be “harmful,” and they deserve to be mocked.

The S2F model is the used car salesman approach to memeing bitcoin to the moon.

Plan B responded to Buterin’s statement by retweeting his Tweet on Tuesday with some criticism toward “failed projects.”

She’s a 10 but according to PlanB

Meanwhile, a number of bitcoiners sympathized with Plan B and told him to keep up his work. “Indeed. Keep posting pls – I enjoy the perspective you bring,” the popular Twitter account with 1 million followers and dubbed @BTC_archive told the pseudonymous analyst.

What do you think about the recent criticisms about Plan B’s stock-to-flow bitcoin price model? Let us know what you think about this subject in the comments section below.

source

Other Press Releases

How to write a pop song using AI

We have all dreamed of writing the perfect pop song at some stage, haven’t we? Just me….? Well now, with the help of artificial intelligence, those ambitions could soon become

Read More »