brightjade

@brightjadeart

Joined January 2021

136 Following

7 Followers

1 Posts

brightjadeart retweeted

Jurrien Timmer

@TimmerFidelity

about 4 years ago

Is BTC cheaper than it looks? If we consider a simple “P/E” metric for BTC to be the price/network ratio, then that ratio is back to 2017 and 2013 levels, even though BTC itself is only back to late 2020 levels. Valuation often is more important than price. /THREAD

TimmerFidelity's tweet photo. Is BTC cheaper than it looks? If we consider a simple “P/E” metric for BTC to be the price/network ratio, then that ratio is back to 2017 and 2013 levels, even though BTC itself is only back to late 2020 levels. Valuation often is more important than price. /THREAD https://t.co/6XMPrtRUzF

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@brightjadeart

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