Just found this on facebook. Maybe we can get something from this. What's your thoughts?
The grammar is poor.
It's totaly a GOOD NEWS for bitcoin, because when bitcoin block is halving, the price of bitcoin will raise up. You should buy or hold bitcoin before bitcoin halving.
That's just wishful thinking based on a misconception. There is no correlation between price and the two halvings.
The theory is based on scarcity factor of demand supply chain! Halving means, the creation of bitcoin will be reduced by 50% at certain intervals. So you can understand what will happen when the demand stays strong but the supply is decreased.
Sorry, that is a misconception. The supply is never decreased. It is continually increased until it reaches 21 million.
The flaw in the logic of that article is in the interpretation of the price vs. stock-to-flow chart.
Stock-to-flow follows a schedule, so it is based on time. So, the chart is really just price vs. time, which is just the standard price graph. In other words, the correlation viewed in the price vs. stock-to-flow chart really has nothing to do with stock-to-flow. It just shows a relatively steady logarithmic increase in price over time.