Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. Stock to flow chart bitcoin "Colder weather in coming days may cut further into the big surplus to last year, but it may take a prolonged Arctic freeze to eliminate the surplus," Mizuho's Robert Yawger says in a note.
If the Stock-to-Flow model is correct, then Bitcoin should be worth quite a bit more than it is now. Just how much higher, though, is still open for debate. Remember, as Warren Buffett once remarked, "Price is what you pay; value is what you get." So, just because a valuation model says Bitcoin should be worth $100,000 by 2024 doesn't mean that's the price that people are going to be willing to pay for it. Want to advertise here? The estimator of the short-run elasticity of the market value of Bitcoin with respect to the stock-to-flow ratio (+0.0706) is not statistically significant. We, therefore, cannot assert that the market value of Bitcoin is significantly elastic with respect to the stock-to-flow ratio, in the short term.