Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
because we already know that Litecoin moved earlier than in previous cycles when it had its halving.
Stock to flow is irrelevant for LTC.
Whatever made LTC moving north around the halving time, it wasn't the SF, or halving itself.
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Per request and despite the fact that I think that alts theoretically don't have 'unforgeable costliness' .. I decided to make a #Litecoin #LTC stock-to-flow model (data from Sep 2013). R2 is low .. 25%. Current S2F value is $27 (after 2019 halving $65). Can somebody pls verify?!
https://twitter.com/100trillionUSD/status/1137352369321234432?s=20
Two posts, two PlanB tweet. I like that!