Bitcoin Marketcap

$1.17T

Gold Marketcap

$14.17T

BTC Settlement Volume (24hr)

$12.90B

BTC Inflation Rate (next 1yr)

1.17%

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KEY MARKETS

24hr change

Bitcoin

$62,064  πŸ“‰

 

-2.87%


S&P 500

5,090  πŸ“ˆ

+4.51

+0.09%


Gold

$2,331  πŸ“‰

-$7.14

-0.31%


Silver

$27.23  πŸ“ˆ

+$0.02

+0.09%


Euro

$1.0723  πŸ“ˆ

+$0.00

+0.19%


Yen

Β₯156.96  πŸ“‰

-Β₯1.13

-0.72%


Renminbi (CNY)

Β₯7.2450   

-Β₯0

-0.02%


Oil (WTI)

$83.04  πŸ“‰

-$0.62

-0.74%


BITCOIN STATS

Bitcoin Marketcap

$1.17T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$14.60B


Active Addresses

1.02M


Mining Reward Value (24hr)

$56.9M


GBTC Premium

263.07%


MSTR Premium

72.98%


BTC Down From ATH

15.97%


BTC Up From Cycle Low

3.90%


RATES & YIELDS

24hr change

UST 3mo

5.47%  πŸ“ˆ

+0.01

+0.18%


UST 2yr

4.89%  πŸ“ˆ

+0.03

+0.62%


UST 10yr

4.65%  πŸ“ˆ

+0.04

+0.87%


UST 30yr

4.78%  πŸ“ˆ

+0.05

+1.06%


Fed Funds (EFFR)

5.33%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.43%  πŸ“ˆ

+0.01

+0.41%


Real Rate (10yr)

2.22%  πŸ“ˆ

+0

0%


RATIOS

24hr change

Gold:BTC (marketcap)

12.09x   

+0.32

+2.74%


M2:BTC (marketcap)

17.78x   

+0.53

+3.05%


BTC:Oil (price)

746.74x   

-17.07

-2.23%


Gold:Oil (price)

28.06x   

+0.11

+0.41%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$7.40T  πŸ“‰

 

-1.1%


M1 Money Supply

$18.00T  πŸ“ˆ

+$53.40B

+0.30%


M2 Money Supply

$20.84T  πŸ“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:

+117%

+17%

+22%

2 year:

+63%

+23%

+23%

3 year:

+8%

+32%

+22%

4 year:

+612%

+37%

+79%

5 year:

+1,073%

+83%

+73%

6 year:

+580%

+79%

+92%

7 year:

+4,279%

+85%

+113%

8 year:

+13,705%

+81%

+146%

9 year:

+26,161%

+98%

+141%

10 year:

+13,528%

+80%

+170%

11 year:

+60,544%

+59%

+217%

12 year:

+1.2 million%

+42%

+263%

13 year:

+1.8 million%

+53%

+277%

14 year:

+2.1 billion%

+98%

+326%

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%

$62,064

76

1.36%

$60,000

101

1.81%

$50,000

220

3.93%

$40,000

471

8.42%

$30,000

716

12.80%

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

12 Nov 2017 | Arvind Narayanan, Jeremy Clark | Price when published: $6,084 (ROI since: +920%)

Bitcoin's academic pedigree

Filed under: topic icon history  medium icon reports

EXCERPT

The bitcoin white paper, despite the pedigree of many of its ideas, was more novel than most academic research. Moreover, Nakamoto did not care for academic peer review and did not fully connect it to its history. As a result, academics essentially ignored bitcoin for several years. Many academic communities informally argued that Bitcoin could not work, based on theoretical models or experiences with past systems, despite the fact it was working in practice.

We have seen repeatedly that ideas in the research literature can be gradually forgotten or lie unappreciated, especially if they are ahead of their time, even in popular areas of research. Both practitioners and academics would do well to revisit old ideas to glean insights for present systems. Bitcoin was unusual and successful not because it was on the cutting edge of research on any of its components, but because it combined old ideas from many previously unrelated fields.
...

Chronology of key ideas found in bitcoin


Figure 1. Chronology of key ideas found in bitcoin.


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