Investing in volatile assets such as cryptocurrencies can be tricky since it requires traders to gauge the market 24/7. However, tools like the stock-to-flow (S2F) model can be used to make investments rationally. Just like the traditional capital asset pricing model (CAPM), the S2F model can help anticipate the price of a cryptocurrency like Bitcoin. Let’s understand what is the stock-to-flow (S2F) model and analyze its accuracy for crypto price prediction in this article. Stock-to-flow ratio Explained The S2F ratio provides a number that indicates the number of years crypto will take to reach the current supply (at the current production rate). In general, with the highest number, the crypto asset will be more expensive too. An institutional investor called “Plan B” popularized the concept of the S2F ratio. The SF ratio has a long history of being connected with the price of Bitcoin (BTC), making it a popular approach for predicting future BTC price estimates. Bitcoin is the first and most well-known rare digital object globally, and its supply is limited, just like silver and gold, with only 21 million coins in circulation. The value of Bitcoin increases because of its scarcity, and the S2F takes advantage of this fact to predict Bitcoin’s future price. Bitcoin’s core technology ensures that the number of new coins issued decreases over time, increasing scarcity.  The miner who calculates the hash required to validate a block of transactions, creating a proof-of-work, receives a “block reward,” which is halved after every 210,000 blocks called Bitcoin Halving. The block reward has decreased from 50 BTC in 2009 to 6.25 BTC in 2020. In 2012, it was 25 BTC and 12.5 BTC in 2016, and in the spring of 2024, the next halving will occur. Due to this halving event, BTC’s price rises. The justification can be found in economics- when supply is reduced, scarcity increases, and price hikes too. The scarcity can further be used to forecast future prices or the best time to invest in BTC. The significant amount of scarcity can be evidenced by a higher ratio. Cryptocurrency is similar to precious metals like gold and silver since it cannot be converted into components and is rare. The value generated by the S2F is a relative value that makes it easy to calculate the ratio. The stock-to-flow ratio compares a commodity’s current stock (the total amount available) to new production flow (amount mined during a specific year). Therefore, S2F= Stock/Flow. Let’s understand how to compute the S2F ratio: The stock of Bitcoin was 18,847,331 BTC in October 2021, which is 89.74% of the total supply. The number that represents the stock is subject to change as new blocks are mined every 10 minutes. The flow of BTC at the same time was 328,500. When these numbers are imputed into the stock/flow formula (18,847,331/328,500), the result is an S2F ratio of 57.374. As a result, mining the entire BTC supply would take about 57 years without considering the maximum supply and halving events. Additionally, Bitcoin halving events raise the S2F ratio by increasing scarcity, which causes the price of Bitcoin to rise. For investors to understand why Bitcoin is categorized as a currency rather than a commodity, this is the most significant statistic. Limitations of the stock-to-flow ratio The model ignores the demand of a cryptocurrency while computing the ratio and considering only supply. However, both demand and supply factors are equally essential to determining asset price. Hence, if demand falls for BTC, the price will decline too; it doesn’t matter if the halving event leads to BTC price rise. Volatile price swings influence the cryptocurrency market, and in periods of high volatility, an investor may sell their holdings. This reaction may lead to the price decline due to the liquidation of the long positions. The S2F ratio ignores the volatility factor too. Another hypothetical situation like a black swan event may prohibit investors from trading cryptocurrencies, leading to a decline in the price of digital assets under consideration. The S2F ratio does not take this factor into account while predicting the future price of BTC. How to trade using the stock-to-flow ratio? Learning how to use the stock-to-flow approach in cryptocurrency trading could be advantageous despite these shortcomings. According to the model’s history, when a cryptocurrency’s stock-to-flow ratio rises, so does its value. This connection can assist you in making investment decisions. A high stock-to-flow ratio, such as 60 or above, indicates that relative scarcity is high, meaning that prices will rise as well. However, when investors see this ratio, they may decide to sell some of their Bitcoin to profit from the current high price. They may also buy more if the ratio is low but predicted to rise in the future. Understanding how to leverage the stock-to-flow ratio in crypto can … Continued

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Over 65,000 persons have been beneficiaries since the expungement process. Wrap-around services like job support, health screenings, food security, and housing have directly helped over 7,000 persons. 950 persons have also had their fines reduced or cleared. This means good news for persons who have been on the wrong side of the law in times past due to cannabis-related offenses. A number of top cannabis businesses and large firms are on board with the activities of the N.E.W. towards ensuring that such persons have access to deserved opportunities. 

According to the project's developers, the Tasmanian Devils are carnivorous animals initially found in the islands of Tasmania. In recent years, these animals have been introduced to other parts of the globe, including Australia. 

However, the Tasmanian Devil's global population has vastly reduced in the past two decades, and there is fear that the creatures are on the brink of extinction. The population reduction is because of infectious cancer called Devil Facial Tumor Disease (DFTD). Hence, the Tasmanian Devils NFT network is on a mission to collect funds and protect these little devils, launching an NFT collection with around 5000 unique devils. The 5000 devils are distinct in utility. 

According to the Tasmanian Devils NFT network, each NFT has eight traits and bears benefits to holders. They can give special access to the discord channel, and help holders get exclusive merchandise. You can also participate in exclusive airdrops and stand a chance to win $50k and some art. 

Profits generated within this project will be used to save the creatures. For instance, the profits fund research projects that find cures for the DFTD disease. The Tasmanian Devils network will donate $50 thousand to 'The Tasmanian Devil Appeal' after successfully selling out, and they will be expanding their support for Tasmanian protection as it grows. 

The Discord Milestone and Whitelisting

While they announce their project, the Tasmanian Devil NFT network also announces their recent discord milestone. According to their Twitter page, the Tasmanian Devil network reached 1000 OG members on March 5th, 2022. The network began inviting people to their discord server on February 24th, and by March 5th, the OG spots were full.

Tasmanian Devils NFT network planned to make their discord open for the public once they reached 1000 OG members. Hence, anyone can join their discord channel and interact with the community. Moreover, by joining the Tasmanian Devil discord and following instructions issued in the channel, one may have a higher chance of getting whitelisted. Consequently, being whitelisted gives you an early chance to mint NFTs.

Community is the Center

Tasmanian Devils NFT network notes that while the animals are the heart of this project, the community is the backbone. The Tasmanian Devils community will make major decisions on an upcoming comic story. The Tasmanian Devils community will make major decisions. The network also partners with celebrities and other networks to achieve objectives. 

About Tasmanian Devil NFT

Tasmanian Devil NFT is a blockchain-based NFT platform created to help in protecting Tasmanian devils from extinction. This platform introduces a vast collection of features to help generate funds for research on the disease that is killing Tasmanian devils. The team, which involves Oliver Walker, Peter Cooper, and Leo Cooper, focuses on protecting the little carnivorous creatures.

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Supervised machine learning (ML) models such as classification models that are trained to predict the outcome of an instance (for example, approve or deny loan) are required to maintain high accuracy in production environment – making sure that there are more true positives, true negatives and fewer false positives, false negatives. In order to maintain optimal […]

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Since the advent of BTC, cryptocurrency has taken the world by storm. After a few years of uncertainty around its potency and prospects, cryptocurrency has again and again proven to be a mainstay in the financial assets space. The crypto space provides various earning opinions, but trading remains the most adopted. However, the volatility of [...]

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Why should you promote your content? Your customer (or ideal customer) values great content. However, the most successful content doesn’t always equate to the best quality content.This is one of the first rules of successful content marketing:The best-promoted content wins.Does your company website have monthly traffic? If you answered yes, then there is hope. You have […]

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