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Gabe Harris's avatar

MV/RV is great, but I do think it is missing the inflation adjustment. MV is in units of USD for a year that is different than the RV. Obviously there are problems with CPI, I prefer using NASDAQ over CPI to adjust for inflation.....but using whatever is better than no adjustment.

When this is done we get a MVRV closer to 1.0( as inflation has been particular abhorrent the last 4 years)....and this leads me to believe bitcoin is a better value than many realize currently(8/8/2024)

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