Bitcoin Stock-to-Flow model creator PlanB slams Ethereum, calls it ‘premined shitcoin’

3 reasons why Ethereum price may go parabolic soon


Almost three years after Vitalik Buterin made fun of his flow model with flow, the anonymous analyst Planb retaliated, calling Ethereum as “centralized pre -priced shitcoin”.

Planb, the anonymous analyst behind Bitcoin’s (BTC)) Flux stock model, targeted Ethereum (Ethn) In an article on X, saying that the project looks worse than ever and arguing that centralized and premises like ETH – with evidence instead of proof of work And a flexible food calendar – are harmful in space and deserve to be mocked.

In a X post On April 20, Planb wrote that “Ethereum really does not seem well now”, adding that “the Shitcoins like Eth, which are centralized and preminated” are “harmful and deserve all the mockery they obtain”.

Planb’s comments occur almost three years after the co -founder of Ethereum Vitalik Buterin critical The Planb-Flux-Flux model, which tries to predict the Bitcoin price according to the ratio between its existing offer and the new issue rate through mining.

In June 2022, Buterin posted: “The stock-to-flow does not seem really well now. I know that it is rude for the mixture and all this, but I think that the financial models which give people a false feeling of certainty and predestination that the number of versions is harmful and deserves all the mockery they obtain “, a jab which came like the price of bitcoin was strongly entertaining the projection made by the S2F model.

Now Planb seems to turn the fire, this time while Ethereum has trouble showing any significant price dynamics, the market closely looking at the Ethereum Foundation continuous A pattern of token discharges that raised the eyebrows through the cryptographic space.

In another post X, Planb noted that Ethereum “qualifies on all aspects” to be a “real Shitcoin” because it has “no fixed supply calendar” or “monetary policy”. In addition, says Planb, ETH has never surpassed Bitcoin. He also underlined the distribution model of Ethereum tokens as a problem, claiming that the spill of the Ethereum Foundation “is delivered with the pre -forefront”, which is a “large red flag”.



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