Bitcoin Marketcap

$1.26T

Gold Marketcap

$14.83T

BTC Settlement Volume (24hr)

$12.90B

BTC Inflation Rate (next 1yr)

1.17%

logo CASEBITCOIN making the case for bitcoin every day

KEY MARKETS

24hr change

Bitcoin

$66,848  ๐Ÿ“‰

-$416.82

-0.62%


S&P 500

5,300  ๐Ÿ“ˆ

+7.51

+0.14%


Gold

$2,440  ๐Ÿ“ˆ

+$25.02

+1.04%


Silver

$31.79  ๐Ÿ“ˆ

+$0.30

+0.95%


Euro

$1.0870  ๐Ÿ“‰

-$0

-0.22%


Yen

ยฅ155.57  ๐Ÿ“‰

-ยฅ0.11

-0.07%


Renminbi (CNY)

ยฅ7.2314   

+ยฅ0.01

+0.11%


Oil (WTI)

$79.86  ๐Ÿ“‰

-$0.14

-0.18%


BITCOIN STATS

Bitcoin Marketcap

$1.26T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$13.13B


Active Addresses

1.02M


Mining Reward Value (24hr)

$61.2M


GBTC Premium

242.04%


MSTR Premium

102.79%


BTC Down From ATH

9.42%


BTC Up From Cycle Low

18.16%


RATES & YIELDS

24hr change

UST 3mo

5.45%  ๐Ÿ“ˆ

+0

0%


UST 2yr

4.73%  ๐Ÿ“‰

-0.08

-1.66%


UST 10yr

4.36%  ๐Ÿ“‰

-0.09

-2.02%


UST 30yr

4.52%  ๐Ÿ“‰

-0.07

-1.53%


Fed Funds (EFFR)

5.33%  ๐Ÿ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.32%  ๐Ÿ“ˆ

+0.01

+0.43%


Real Rate (10yr)

2.04%  ๐Ÿ“ˆ

+0

0%


RATIOS

24hr change

Gold:BTC (marketcap)

11.74x   

+0.19

+1.62%


M2:BTC (marketcap)

16.49x   

+0.10

+0.59%


BTC:Oil (price)

837.06x   

-3.39

-0.4%


Gold:Oil (price)

30.53x   

+0.35

+1.15%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$7.30T  ๐Ÿ“‰

 

-1.37%


M1 Money Supply

$18.00T  ๐Ÿ“ˆ

+$53.40B

+0.30%


M2 Money Supply

$20.84T  ๐Ÿ“ˆ

+$57.60B

+0.28%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+149%

+23%

+26%

2 year:

+124%

+32%

+34%

3 year:

+79%

+30%

+26%

4 year:

+634%

+40%

+80%

5 year:

+755%

+91%

+87%

6 year:

+716%

+89%

+95%

7 year:

+2,968%

+94%

+121%

8 year:

+15,060%

+95%

+159%

9 year:

+27,911%

+103%

+151%

10 year:

+12,578%

+89%

+178%

11 year:

+54,948%

+76%

+222%

12 year:

+1.3 million%

+56%

+302%

13 year:

+835,206%

+60%

+302%

14 year:

+1.4 billion%

+106%

+391%

https://casebitcoin.com

Data Source: Messari.io, bitcoincharts.com

What is it: This shows bitcoin's ROI vs other potential inflation hedge assets.

Why it matters: As with the historical bitcoin price table, we see bitcoin's extreme outperformance vs other assets here as well. Bitcoin's relatively small size, plus fundamental properties, yield extreme outperformance when even relatively small funds-flows find their way to BTC.

BTC DAYS ABOVE PRICE

Bitcoin Price Closing History by Level

Days Bitcoin Closed Above:

Price

Days Above

% of Bitcoin's Life

$70,000

10

0.18%

$66,847

35

0.62%

$60,000

120

2.14%

$50,000

241

4.29%

$40,000

492

8.76%

$30,000

737

13.13%

Data Sources: Messari.io, bitcoincharts.com

What is it: This the number of days in which bitcoin "closed" (trading level at midnight UTC) above various price levels.

Why it matters: This can give a sense of where bitcoin is currently trading relative to past cycles.

SHARPE 5yr

DOUBLING TIME

THE BITCOIN LIBRARY

29 Jun 2015 | Trace Mayer | Price when published: $252.74 (ROI since: +26,349%)

The Seven Network Effects of Bitcoin

Filed under: topic icon fundamentals  medium icon articles

Trace outlines 7 types of network effects that occur in the Bitcoin ecosystem:

- Speculation
- Merchant Adoption
- Consumer Adoption
- Security
- Developer Mindshare
- Financialization
- Adoption as a World Reserve Currency

EXCERPT

Bitcoin is a strong currency: it thrives on the internet; it frees its users from 3rd parties; it saves merchants money; it is deflationary; its code can be audited by all; its developers work tirelessly to improve upon it; the list goes on. The above-listed network effects can only serve to strengthen it. Competitors beware.


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