Critics

Future of Digital Euro ‘Not Clear Yet,’ Former Eurogroup Official Says

<div class=”featured_image_container”> </div> <strong>Europe’s digital currency project has made some progress recently, with the Eurozone’s central bank moving to its next stage. Critics point, however, to the continuing lack of clarity around the design and purpose of the digital euro after a decade-long delay, if cryptocurrency is taken as a benchmark. </strong> Digital Euro to …

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‘Nothing Goes up in a Straight Line’- S2F Creator Plan B Claims Bitcoin Price Drop a ‘Mid-way Dip’

<div class=”featured_image_container”> </div> <strong>Bitcoin prices have dropped below the $50k region during this week’s trading sessions sinking to a low of $47,555 on Friday. The popular creator of the stock-to-flow (S2F) bitcoin price model, Plan B has discussed the recent price dip and stressed that “nothing goes up in a straight line.” Plan B believes …

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Burned Banksy NFT Sale Captures Close to $400K, Critics Claim Buyers Are ‘Morons’

<div class=”featured_image_container”> </div> <strong>On March 3, a group of anonymous art enthusiasts decided to burn an original Banksy screenprint worth roughly £70,000 or around $95,000 USD, and then turned it into a non-fungible token (NFT) asset. The art now exists as an NFT and was auctioned for 228.69 ethereum or $394k using today’s ether exchange …

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A Group of Crypto Proponents Burned an Original Banksy ‘Morons’ Print and Turned It Into an NFT

<div class=”featured_image_container”> </div> <strong>Original artwork crafted by the pseudonymous England-based street artist and political activist Banksy has been burned in order to turn the art into a non-fungible token (NFT). The screenprint was one of only 500 made and was authenticated by Banksy’s verification company Pest Control. The burning was a symbolic message of turning …

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Bitcoin to Reach $100K to $288K in 2021? Stock-to-Flow Models Suggest It Could

<div class=”featured_image_container”> </div> <strong>The creator of the notorious stock-to-flow model (S2F), Plan B has recently detailed that the price of bitcoin has surpassed the S2F model price by 26%. The strong momentum has a number of crypto enthusiasts thinking that bitcoin prices reaching the $100k to $288k range by the year’s end is possible.</strong> Price …

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Six-Digit Bitcoin Prices: Stock-to-Flow Creator Says BTC Value Model ‘On Track Like Clockwork’

<div class=”featured_image_container”> </div> <strong>Bitcoin prices have gone parabolic and the value is seemingly following along with the controversial stock-to-flow (S2F) model, according to the price model’s creator. This week, the Twitter handle dubbed “Plan B” said the “bitcoin stock-to-flow model [is] on track… like clockwork.”</strong> Stock-to-Flow Author Is Confident in the S2F Price Model Back …

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$100K Bitcoin: S2F Author Confident With His Model, Suggests Six-Figure BTC Price by 2021

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/387425″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/11/bitcoin-wallet-banner-3.png” alt width=”728″ height=”90″></a></div><strong>Not too long ago, the author of the controversial bitcoin stock-to-flow (S2FX) price model said that the model was “perfectly on track.” On Sunday, November 8, the S2FX creator known as “Plan B” reiterated his belief in the …

$100K Bitcoin: S2F Author Confident With His Model, Suggests Six-Figure BTC Price by 2021 Read More »

S2F Hopium: Report and Twitter Critics Find Flaws With Bitcoin’s Stock-to-Flow Ratio

In mid-April, news.Bitcoin.com researched the popular stock-to-flow (S2F), which shows the price of a single bitcoin reaching $55K and even six figures. At the time, analysts questioned measuring bitcoin’s price in this manner and more recently, a few others have been criticizing the method as well. Just recently, a research report written by the author …

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