Bitcoin Marketcap
$1.16T
Gold Marketcap
$14.06T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN
making the case for bitcoin every day
SEARCHKEY MARKETS
24hr change
BITCOIN STATS
Bitcoin Marketcap
$1.16T
BTC Inflation Rate (next 1yr)
1.17%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$19.01B
Active Addresses
1.02M
Mining Reward Value (24hr)
$56.1M
GBTC Premium
223.09%
MSTR Premium
71.23%
BTC Down From ATH
16.93%
BTC Up From Cycle Low
8.37%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
12.14x
+0.23
+1.90%
M2:BTC (marketcap)
18.01x
+0.34
+1.92%
BTC:Oil (price)
768.28x
-38.33
-4.75%
Gold:Oil (price)
29.01x
-0.87
-2.92%
US GOVERNMENT STATS
30-day change
BTC ROI
Bitcoin & Traditional Assets ROI (vs USD)
BTC vs Traditional Assets ROI:
Bitcoin
Gold
S&P 500
1 year:
+124%
+14%
+26%
2 year:
+100%
+25%
+30%
3 year:
+7%
+26%
+25%
4 year:
+569%
+36%
+77%
5 year:
+763%
+79%
+80%
6 year:
+625%
+75%
+89%
7 year:
+3,373%
+89%
+117%
8 year:
+13,438%
+82%
+151%
9 year:
+25,276%
+95%
+147%
10 year:
+13,770%
+78%
+174%
11 year:
+52,857%
+60%
+217%
12 year:
+1.2 million%
+46%
+282%
13 year:
+811,765%
+54%
+286%
14 year:
+1.4 billion%
+87%
+352%
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%
$61,208
95
1.70%
$60,000
109
1.95%
$50,000
230
4.10%
$40,000
481
8.58%
$30,000
726
12.96%
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
30 Aug 2019 | | Price when published: $9,540 (ROI since: +542%)
Bitcoin Fixes This
EXCERPT
Bitcoin creates a system that allows for undistorted economic activity, and it achieves this through a fixed monetary supply, which is ultimately governed by a market consensus mechanism. It is through this consensus mechanism that bitcoin dispenses with the need for conscious control of central bankers, instead relying on the distributed knowledge of all market participants. It is also completely voluntary. If you like your financial system, you can keep it (for now at least). However, monetary systems tend to one medium so if a critical mass converge on bitcoin as the most credible long-term store of value, it may become less of a choice in the future. As individuals increasingly opt in to bitcoin, it will only make the issues present in the existing system more evident, which likely accelerates the need for quantitative easing. The greater the inclination to store wealth in bitcoin, the lower the demand to store wealth in the assets that support the existing credit system. In essence, an increasing shift to bitcoin will directly impact the system-wide credit impulse, which will accelerate the need for the legacy financial system to rely on quantitative easing to sustain itself.
Read in Full
What do you think of this piece?
