Bitcoin Marketcap
$1.85T
Gold Marketcap
$15.95T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN making the case for bitcoin every day
Bitcoin Marketcap
$1.85T
Gold Marketcap
$15.95T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN making the case for bitcoin every day
20 Feb 2019 | | Price when published: $3,967 (ROI since: +2,374%)
Filed under: investment blogs
Topics include:
- A history of bitcoin valuation research
- Measuring changes in saving behavior
- NVT, NVM
- Relative Unrealized P&L
- Realized Capitalization
- Liveliness; HODLer Net Position Change
- HODLer Position Change (βinsider buying/selling)
In our conversations with institutional investors, we often get asked the question βWhat is your model to value Bitcoin?β. Investors want to know what the fundamental drivers are behind BTC price gyrations, and whether at a given time Bitcoin is overvalued, undervalued, or at fair value. The new measures we suggest here are tools to help with that judgement. We build on work that goes back to 2011, and use the Bitcoin blockchain to extract market information not generally available for traditional commodities.
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