Crypto Voices

PE78: Bitcoin PSR valuation update

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the seventy-eighth video installment from Porkopolis Economics, co...

2023-07-05

Episode notes

Check out show sponsor Coinkite: https://coinkite.com/


Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/




This is the seventy-eighth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.




Contents


00:00 Intro


00:20 Price in log scale


00:40 PSR multiple meaning


02:10 PSR for Bitcoin meaning


02:57 PSR multiple


05:16 PSR trendline


06:12 1-sigma bands for PSR


07:43 2-sigma bands for PSR




Here I review again the PSR ("price-to-sales" ratio) for the Bitcoin network. Is Bitcoin's market cap over- or under-valued based on this benchmark of trailing 12-month network or miner revenue? You won't find this research anywhere else!!




Prior videos with further info:


https://www.youtube.com/watch?v=e0APCdaAKJA


https://www.youtube.com/watch?v=hhF_4SUdkKo




Host: Matthew Mezinskis


https://porkopolis.io


https://twitter.com/crypto_voices




Show content is not investment or financial advice in any way.