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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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Bitcoin Is Data's avatar

Thanks for the thoughtful insight, Gabe! So the idea is to adjust the RV by inflation, which involves adjusting the price of each coin from the date it was bought up that specific date, right? It creates complexity, but I think it could be done. I will try it!

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