PlanB Defends S2F Model And Protests Against Dutch Covid Policies
Last Updated on 4 January 2022 by CryptoTips.eu
PlanB, the anonymous Dutch financial analyst whose stock to flow model gained worldwide notoriety, is afraid Twitter will soon deactivate his account as he’s been busy criticizing the Dutch government over their current Covid policies.
As the mayor of Amsterdam sent police to disperse an illegal demonstration over the weekend, the video of police dogs mauling a protestor have gone viral. PlanB has been highly critical of Covid policies in Europe for months now, and at the same time is forced to defend his stock to flow model which has come under scrutiny as many say the man is missing earlier forecasted Bitcoin targets.
If my Twitter account gets banned, please find me on:
— PlanB (@100trillionUSD) January 3, 2022
- @100trillionEur
- https://t.co/NNt377ESpe
- https://t.co/WVTaQDpjQ5
Almost 2 million followers
The anonymous Dutch quant gained worldwide notoriety ever since the Wall Street Journal acknowledged the possibility of his stock to flow model for calculating the value of Bitcoin. It is however because of his anti Covid policies that his social media account, which has almost 2 million followers (up from only 300k a year ago), is now under threat.
PlanB is also getting criticized as of late, who gave several reasons why the Stock To Flow model failed to get its forecasted $135,000 price target for the end of 2022.
They stated that:
The model does not keep into consideration the demand but only scarcity, and Bitcoin is now no longer the only crypto asset in circulation. Its dominance is waning due to the many emerging projects that inevitably grab attention (and investment) away from digital gold.
ICYMI:
— PlanB (@100trillionUSD) January 2, 2022
1) floor model failed, I will not use it again.
2) S2F model is at the same critical point at the sd band as when I wrote the S2F article in March 2019. IMO S2F is still useful, in fact the model is most useful in critical situations. I will watch if S2F stays within 1sd. https://t.co/4jDTybCv19
Tough times ahead for one of our favorite analysts apparently.
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