Halving has nothing to do with price
| |
I saw this video by Dr. Giovanni Santostasi BTC Issuance vs Price and I decided to make a similar graph to independently verify and it is correct. Stock to Flow (S2F) models are spurious correlations. I also made video that shows that even as the amount of bitcoins issued deceases, there isn't a jump from this. This is all based off of the reasearch of Dr. Santostasi. The way to read this chart is from Right to Left and Down to up. You start from the right end, where bitcoin is issued at around 30K btc/day and then track its price through the dates as it rises. You can clearly see that when there is a halving there is NO SIGNIFICANT jump in price that varies from any of the previous price rises. This shows that the price rise is INDEPENDENT of the Halving submitted by /u/AllahBlessRussia |
