Introducing NVT Ratio (Bitcoin's PE Ratio), use it to detect bubbles

2019-4-5 19:50

Preface February of this year, I tweeted a chart that presented the idea of a PE ratio for Bitcoin, something I temporarily called MTV Ratio before my buddy Chris Burniske suggested the less confusing term of NVT Ratio (Network Value[1] to Transactions Ratio). Later in May, Chris was the

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