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Bitcoin expert Plan B, creator of the BTC stock-to-flow model recently shared the following new Bitcoin price prediction: “And for the next cycle, the stock to flow model expects or predicts Bitcoin to reach $532,000. So the core of the stock to flow (S2F) model is that more scarcity leads to more value and thus the BTC halvings are key. In fact, all the action is around the halving, if you look at the BTC price data.”
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TimeStamps: (Check back soon)
Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://tinyurl.com/3yttz3se
✔ BTC revenue per terahash nears record lows as hashrate soars: https://tinyurl.com/tsztwpd4
✔ $170 Billion in Deposits Leaving DeFi Ecosystem: https://tinyurl.com/fs36ezj8
✔ Analyst Predicts Final Dip for BTC Before Full-Blown Bull: https://tinyurl.com/yckf3ns7
✔ Pantera Capital Doubles Down Big Bitcoin Prediction: https://tinyurl.com/yujn94ud
✔ “One Bitcoin Will Reach $532,000 By This Date” – Plan B: https://tinyurl.com/5y7e368m
🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
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What is the Metaverse?
The Metaverse combines virtual reality and augmented reality with the internet. The result is a new world where people can work, socialize and play in ways never before possible. It’s like the 3D version of the world wide web, but with a more immersive experience that includes virtual avatars and tradable digital assets.
Crypto is playing a major role in the metaverse. Blockchain backed cryptocurrencies such as bitcoin and ethereum enable users to trade digital assets in the metaverse. These virtual assets are called tokens, and they can be used to buy, sell or rent property in the metaverse. The metaverse is also home to a number of video games that use virtual reality and augmented reality technology. These games typically have high levels of player engagement and include engaging gameplay mechanics, immersive storytelling, and meaningful player choices.
For example, Second Life, a popular game described as being in the metaverse, allows users to create their own digital character and interact with others in a three-dimensional world. Players can build and customize their own homes and can even earn money by running businesses within the game.
Many companies are investing in the metaverse. Some are partnering with video game companies such as Nintendo and Microsoft to develop their own games. Others are using it to promote their brands or to attract new customers. For example, Nike recently invested in a company that makes virtual shoes that can be worn in the metaverse. In addition, Vans has created an online skate park that is visited by millions of people each month.