Bitcoin Marketcap
$1.58T
Gold Marketcap
$18.16T
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
$1.58T
BTC Inflation Rate (next 1yr)
1.17%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$13.82B
Active Addresses
1.02M
Mining Reward Value (24hr)
$76.5M
GBTC Premium
200.86%
MSTR Premium
-80.49%
BTC Down From ATH
23.39%
BTC Up From Cycle Low
9.04%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
11.48x
+0.10
+0.87%
M2:BTC (marketcap)
13.63x
+0.11
+0.80%
BTC:Oil (price)
1,233x
-21.84
-1.74%
Gold:Oil (price)
44.03x
-0.41
-0.92%
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:
+23%
+39%
+9%
2 year:
+207%
+51%
+43%
3 year:
+99%
+55%
+34%
4 year:
+43%
+72%
+45%
5 year:
+1,450%
+99%
+133%
6 year:
+1,996%
+129%
+99%
7 year:
+888%
+127%
+108%
8 year:
+8,302%
+143%
+137%
9 year:
+20,252%
+138%
+175%
10 year:
+31,913%
+154%
+168%
11 year:
+13,872%
+124%
+201%
12 year:
+135,572%
+86%
+263%
13 year:
+1.7 million%
+81%
+300%
14 year:
+11 million%
+109%
+337%
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
$90,000
87
1.47%
$83,648
91
1.54%
$80,000
92
1.56%
$70,000
114
1.93%
$60,000
336
5.68%
$50,000
501
8.47%
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
28 May 2020 | | Price when published: $9,393 (ROI since: +791%)
Jeff Booth: The Money of Tomorrow
Jeff outlines the core ideas from his book, but also makes some key points about bitcoin. Specifically, he notes (around 33mins in), how Bitcoin - possibly uniquely - hedges both ultimate downside scenarios: 1) the case where governments keep printing more and more and keep getting away with it, and 2) the case where there's a deflationary crash and the banking system collapses. The idea is that in case 1, bitcoin acts as a hard-money inflation-hedge, and in case 2, it can step in and provide the core of a completely separate but functional/electronic global monetary system.
EXCERPT
In this disucssion we dive into the ideas he’s fleshed out in The Price of Tomorrow - deflationary technology in the time of inflationary monetary policy - the deep societal problems caused by inflationary money - how deflationary technology could combine with the deflationary money that is Bitcoin. We soberly examine the current state of affairs but also consider a bright future ahead and the path to get there.
Listen Now
What do you think of this piece?