I think the S2F model is not correct. The S2F model predicts an exponentially rising (average) price P = A exp(-bt), (t is the time after genesis). In reality the price rises according to a power model (P = A t^b).
Why is S2F exponential? Because the stock S is almost constant and the flow of new bitcoins F halves after each halving: F = C 2^(-n) (after the n-th halving cycle).
I think the S2F model is not correct. The S2F model predicts an exponentially rising (average) price P = A exp(-bt), (t is the time after genesis). In reality the price rises according to a power model (P = A t^b).
Why is S2F exponential? Because the stock S is almost constant and the flow of new bitcoins F halves after each halving: F = C 2^(-n) (after the n-th halving cycle).