CryptoQuikRead_344 - Efficient Markets & Bitcoin's Stock to Flow [PlanB]

January 24, 2020 00:33:21
CryptoQuikRead_344 - Efficient Markets & Bitcoin's Stock to Flow [PlanB]
Bitcoin Audible
CryptoQuikRead_344 - Efficient Markets & Bitcoin's Stock to Flow [PlanB]

Jan 24 2020 | 00:33:21

/

Hosted By

Guy Swann

Show Notes

"A first reaction could be that it is a great investment opportunity. A better reaction (from an EMH and non arbitrage point of view) would be that it is too good to be true." - PlanB

If the efficient market hypothesis requires that known events be priced in, then how could the S2F be a model for Bitcoin's price? When such an obvious and unchanging piece of information is available, shouldn't the market price it in? Continuing with the foundation laid from yesterday's article, we read Plan B's piece on what a risk & return model might tell us about the market's pricing of Bitcoin ahead of the halving.

Drop some applause on the original article at the link below and don't forget to follow @100TrillionUSD (PlanB) if you haven't already!
https://medium.com/@100trillionUSD/efficient-market-hypothesis-and-bitcoin-stock-to-flow-model-db17f40e6107

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

December 31, 2019 00:33:10
Episode Cover

Reboot - The Three Economic Eras of Bitcoin [Rusty Russell]

A most profound aspect of Bitcoin is that we know, with certainty, what the monetary policy will be no matter how far we look...

Listen

Episode

January 17, 2019 00:39:11
Episode Cover

CryptoQuikRead_203 - Dont Trust, Verify, A Bitcoin Private Case Study [CoinMetrics]

An amazing piece of work from the Coinmetrics.io team using the full node data and some serious digging to uncover the fraudulent minting of...

Listen

Episode

February 19, 2024 00:44:19
Episode Cover

Read_801 - To Dust You Shall Return

"During the peak transaction fee times over the past month, our example transaction would be dust even for .001 BTC. That’s a little less...

Listen