Bitcoin Marketcap

$1.83T

Gold Marketcap

$16.18T

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

$97,055  πŸ“ˆ

+$4,616

+4.99%


S&P 500

5,911  πŸ“ˆ

+1.30

+0.02%


Gold

$2,661  πŸ“ˆ

+$30.37

+1.15%


Silver

$31.22  πŸ“ˆ

+$0.19

+0.61%


Euro

$1.0553  πŸ“‰

-$0

-0.3%


Yen

Β₯154.63  πŸ“‰

-Β₯0.71

-0.46%


Renminbi (CNY)

Β₯7.2401   

-Β₯0

-0.04%


Oil (WTI)

$69.14  πŸ“‰

-$0.13

-0.19%


BITCOIN STATS

Bitcoin Marketcap

$1.83T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$48.04B


Active Addresses

1.02M


Mining Reward Value (24hr)

$89.1M


GBTC Premium

200.86%


MSTR Premium

-80.49%


BTC Down From ATH

-0.75%


BTC Up From Cycle Low

2.87%


RATES & YIELDS

24hr change

UST 3mo

4.62%  πŸ“‰

-0.01

-0.22%


UST 2yr

4.29%  πŸ“‰

-0.02

-0.46%


UST 10yr

4.42%  πŸ“‰

-0.01

-0.23%


UST 30yr

4.61%  πŸ“ˆ

+0.01

+0.22%


Fed Funds (EFFR)

4.58%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.35%  πŸ“ˆ

+0.01

+0.43%


Real Rate (10yr)

2.08%  πŸ“‰

-0.01

-0.48%


RATIOS

24hr change

Gold:BTC (marketcap)

8.82x   

-0.33

-3.66%


M2:BTC (marketcap)

11.57x   

-0.57

-4.71%


BTC:Oil (price)

1,407x   

+73.50

+5.51%


Gold:Oil (price)

38.59x   

+0.62

+1.64%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$6.97T  πŸ“‰

 

-1.03%


M1 Money Supply

$18.15T  πŸ“ˆ

+$33.90B

+0.19%


M2 Money Supply

$21.22T  πŸ“ˆ

+$46.30B

+0.22%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+159%

+33%

+30%

2 year:

+508%

+52%

+47%

3 year:

+69%

+48%

+26%

4 year:

+428%

+42%

+65%

5 year:

+1,263%

+82%

+89%

6 year:

+2,307%

+117%

+124%

7 year:

+1,098%

+106%

+127%

8 year:

+12,953%

+126%

+167%

9 year:

+29,855%

+148%

+183%

10 year:

+26,011%

+122%

+186%

11 year:

+11,871%

+114%

+228%

12 year:

+783,888%

+54%

+322%

13 year:

+3.9 million%

+57%

+410%

14 year:

+35 million%

+94%

+396%

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

$100,000

0

0

$97,054

0

0

$90,000

6

0.10%

$80,000

11

0.19%

$50,000

420

7.24%

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

26 Jul 2019 | Parker Lewis | Price when published: $9,856 (ROI since: +885%)

Gradually, Then Suddenly

Filed under: topic icon fundamentals  medium icon blogs

This a multi-part series of articles examining bitcoin from a first-principles fundamentals perspective. Parker approaches the series by taking the reader through the typical intellectual journey that many bitcoin-believers went through, with in depth treatment of the common criticisms along the way.

EXCERPT

For me, the path involved first understanding why gold was money. That involved understanding the unique properties which made something a better or worse form of money and what differentiated money as a unique economic good compared to most other types of economic goods. The Bitcoin Standard was formative for me in exploring the questions, not as a gospel but rather, as a foundation to think about the problem statement. When I applied that foundation to my own life experiences and to my own understanding of the existing financial system, and its flaws, only then did it begin to become intuitive. And that’s something that may be evident (that bitcoin is intuitive as money) to those that have spent years thinking about it relative to monetary principles but it’s also true that bitcoin is not intuitive. It’s extremely not intuitive until it becomes intuitive and then over time it becomes hyper intuitive.


Read in Full

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