Bitcoin price is currently best estimated by bitcoin difficulty (proxy for bitocin production cost), not S2F, not "powerlaw", but dificulty.

PlanB @100trillionUSD ·
Bitcoin price is currently best estimated by bitcoin difficulty (proxy for bitocin production cost)…

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  1. #1

    Most people stare at Bitcoin charts. Stock-to-Flow models scarcity. Here are the 10 highest-value S2F insights, the ones that actually change how you think about money. Thread 🧵

    PlanB @100trillionUSD ·
  2. #2

    BIP-110 joins BXT, BCH and BSV forks in the history of dead bitcoin ideas. Remember the BIP-110 supporters! They are now removing the evidence from their profile and timelines. Bu…

    PlanB @100trillionUSD ·
    BIP-110 joins BXT, BCH and BSV forks in the history of dead bitcoin ideas. Reme…
  3. #3

    Bitcoin closed July $62,818 200-week moving average $63k Realized price $52k (still decreasing) Monthly RSI 43 (still < 50) It looks like bitcoin has started the bottoming proc…

    PlanB @100trillionUSD ·
    Bitcoin closed July $62,818 200-week moving average $63k Realized price $52k (s…
  4. #4

    Global bitcoin ownership estimates ~365M people, or 4-5% of world population. Market capitalization relative to gold (~$1.28T vs ~28T) also points to roughly 4-5% bitcoin adoption…

    PlanB @100trillionUSD ·
    Global bitcoin ownership estimates ~365M people, or 4-5% of world population. M…
  5. #5

    2026 is the first year ever in which bitcoin difficulty dropped. What do you think it means?

    PlanB @100trillionUSD ·
    2026 is the first year ever in which bitcoin difficulty dropped. What do you th…
  6. #6

    To be clear (if it wasn't already clear from me retweeting Adam on this topic): I am against the bip 110 filter fork. IMO filter fork proponents do not really understand: - bitcoi…

    PlanB @100trillionUSD ·

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