Want to create an interactive transcript for this episode?
Podcast: The Peter McCormack Show
Episode: Could Bitcoin Really be Heading to $288k? With Plan₿ - WBD219
Description: Location: Zoom Date: Wednesday 29th April Project: Independent Trader Role: Bitcoin Quant Analyst Plan₿'s Stock-to-Flow model was warmly received by many in Bitcoin. The chart gave context to price action around halvings, validating the importance of scarcity. The S2F model does have critics, and with the third halving approaching, some had questioned whether the reducing subsidy drive price. The halving is one of the most significant events in the Bitcoin calendar. Every 210,000 blocks (~4 years) the block subsidy issued to the miners reduced by half. Initially, the block reward was 50BTC, no...