Bitcoin Marketcap

$384B

Gold Marketcap

$10.59T

BTC Settlement Volume (24hr)

$12.90B

BTC Inflation Rate (next 1yr)

1.76%

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KEY MARKETS

24hr change

Bitcoin

$20,331  πŸ“ˆ

+$162.72

+0.81%


S&P 500

3,843  πŸ“ˆ

+19.03

+0.50%


Gold

$1,742  πŸ“‰

-$20.16

-1.14%


Silver

$19.32  πŸ“ˆ

+$0.15

+0.80%


Euro

$1.0215  πŸ“‰

-$0

-0.43%


Yen

Β₯135.97  πŸ“ˆ

+Β₯0.57

+0.42%


Renminbi (CNY)

Β₯6.7014   

-Β₯0.01

-0.1%


Oil (WTI)

$97.69  πŸ“‰

-$2.82

-2.81%


BITCOIN STATS

Bitcoin Marketcap

$384B


BTC Inflation Rate (next 1yr)

1.76%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$2.95B


Active Addresses

1.02M


Mining Reward Value (24hr)

$18.6M


GBTC Premium

-36.52%


MSTR Premium

10.07%


BTC Down From ATH

70.43%


BTC Up From Cycle Low

15.03%


RATES & YIELDS

24hr change

UST 3mo

1.90%  πŸ“ˆ

+0.17

+9.83%


UST 2yr

2.84%  πŸ“‰

-0.08

-2.74%


UST 10yr

2.88%  πŸ“‰

-0.1

-3.36%


UST 30yr

3.11%  πŸ“‰

-0.03

-0.96%


Fed Funds (EFFR)

1.58%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.29%  πŸ“‰

-0.01

-0.43%


Real Rate (10yr)

0.58%  πŸ“‰

-0.06

-9.38%


RATIOS

24hr change

Gold:BTC (marketcap)

27.56x   

-0.53

-1.88%


M2:BTC (marketcap)

56.59x   

-0.4

-0.7%


BTC:Oil (price)

208.14x   

+7.07

+3.52%


Gold:Oil (price)

17.83x   

+0.30

+1.71%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$8.91T  πŸ“‰

 

-0.01%


M1 Money Supply

$20.63T  πŸ“ˆ

+$12.40B

+0.06%


M2 Money Supply

$21.75T  πŸ“ˆ

+$26.20B

+0.12%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

-40%

-3%

-11%

2 year:

+110%

-4%

+22%

3 year:

+58%

+24%

+29%

4 year:

+191%

+39%

+38%

5 year:

+703%

+43%

+59%

6 year:

+2,909%

+28%

+80%

7 year:

+7,168%

+50%

+87%

8 year:

+3,041%

+31%

+95%

9 year:

+24,318%

+40%

+133%

10 year:

+284,719%

+10%

+184%

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

$40,000

327

6.63%

$30,000

497

10.08%

$20,331

550

11.15%

$20,000

554

11.23%

$10,000

865

17.54%

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

22 Oct 2019 | Peter McCormack, Dan Tapiero | Price when published: $8,118 (ROI since: +150%)

Dan Tapiero on Why Bitcoin and Gold Are Both Important

Filed under: topic icon fundamentals  medium icon podcasts

Topics include:
- What makes gold and bitcoin complimentary
- Dan's initial foray into bitcoin
- Why Dan was reluctant to invest in bitcoin initially
- Crypto community and twitter
- What aspects of bitcoin gave Dan conviction
- How bitcoin could lead to wealth redistribution toward younger generations
- Interest rates
- China and the trade war
- Bitcoin as a safe-haven

EXCERPT

That feeling as a macro investor was… wow this is real, and I’m early, and I better figure out what to do right away


Listen Now

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