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Title: [2017-09-29] Is Bitcoin In A Bubble? Check The NVT Ratio Post by: Karartma1 on September 30, 2017, 09:44:05 AM https://blogs-images.forbes.com/wwoo/files/2017/09/nvt-chart-transaction-value-vs-network-valuation-1200x733.jpg?width=960
As you can see the value transmitted on the Bitcoin blockchain is closely tied to its network valuation. The idea that we can use the money flowing through the network as a proxy for network valuation is valid. We can express this as a ratio. I call it NVT Ratio, short for Network Value to Transactions Ratio. Below is a historic chart of Bitcoin’s NVT ratio. A live and interactive chart is available on my site at http://woobull.com Article @ https://www.forbes.com/sites/wwoo/2017/09/29/is-bitcoin-in-a-bubble-check-the-nvt-ratio/ |
