{"id":8605,"date":"2022-09-28T19:16:16","date_gmt":"2022-09-28T19:16:16","guid":{"rendered":"https:\/\/mdr.foobrdigital.com\/?p=8605"},"modified":"2022-09-28T19:16:16","modified_gmt":"2022-09-28T19:16:16","slug":"quantifying-the-solution","status":"publish","type":"post","link":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/2022\/09\/28\/quantifying-the-solution\/","title":{"rendered":"Quantifying the Solution"},"content":{"rendered":"\n<p>A great example of a\u00a0bitcoin price model\u00a0that quantifies the potential value based on its actual function is the\u00a0Stock-to-flow, created by Plan B\u00a0for Bitcoin.\u00a0<\/p>\n\n\n\n<p>Being the first cryptocurrency and a completely novel technology it was very difficult to model the potential impact of Bitcoin&#8217;s potential as a store of value.<\/p>\n\n\n\n<p>Stock-to-flow focuses on scarcity as the key characteristic of a store of value and relies on an existing approach for measuring scarcity within gold, silver and other scarce commodities. The result is a price model that has not only proved accurate, but invaluable for Fundamental Analysis. You read more about\u00a0bitcoin price prediction models\u00a0in our blog.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/mdr.foobrdigital.com\/wp-content\/uploads\/2022\/09\/image-53.png\" alt=\"\" class=\"wp-image-8606\"\/><\/figure>\n\n\n\n<p>Data that quantifies the solution enables you to measure the progress of the project once it is live. It will vary from project to project but there are some key things to consider.<\/p>\n\n\n\n<p>Ignore any metrics that can be gamed and that aren&#8217;t linked to the project&#8217;s fundamental function. Good examples of red herring metrics are Twitter followers, Blog views or White Paper downloads.&nbsp;<\/p>\n\n\n\n<p>Also be wary of performance metrics that are conducted on testnets, there is no substitute for seeing something functioning in the wild.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A great example of a\u00a0bitcoin price model\u00a0that quantifies the potential value based on its actual function is the\u00a0Stock-to-flow, created by Plan B\u00a0for Bitcoin.\u00a0 Being the first cryptocurrency and a completely novel technology it was very difficult to model the potential impact of Bitcoin&#8217;s potential as a store of value. Stock-to-flow focuses on scarcity as the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[459],"tags":[],"_links":{"self":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/8605"}],"collection":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/comments?post=8605"}],"version-history":[{"count":0,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/8605\/revisions"}],"wp:attachment":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/media?parent=8605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/categories?post=8605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/tags?post=8605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}