Bitcoin
BTC
$118 307
24h volatility:
0.4%
Market cap:
$2.35 T
Vol. 24h:
$42.03 B
, which recently hit a new all-time high, may be on the verge of a dramatic revaluation, according to prominent quantitative analyst PlanB, the creator of the famous BTC Stock-to-Flow (S2F) model.
Comparing Bitcoin’s scarcity and market cap to gold, PlanB asserted that Bitcoin is at least 10 times undervalued in the current cycle, a conclusion that indicates that the world’s largest digital asset could hit much higher prices.
Gold market cap is ~$20TBitcoin market cap is ~$2TSo, gold is worth 10x bitcoin
Gold scarcity (stock-to-flow ratio) is ~60Bitcoin scarcity is ~120So, bitcoin is 2x scarcer than gold
IMO bitcoin is at least 10x
We współpracy z: https://www.coinspeaker.com/star-trader-planb-bitcoin-is-10x-undervalued/
