Bitcoin Marketcap
$1.73T
Gold Marketcap
$17.74T
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
$1.73T
BTC Inflation Rate (next 1yr)
1.17%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$29.93B
Active Addresses
1.02M
Mining Reward Value (24hr)
$84.0M
GBTC Premium
200.86%
MSTR Premium
-80.49%
BTC Down From ATH
16.01%
BTC Up From Cycle Low
17.01%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
10.24x
-0.49
-4.55%
M2:BTC (marketcap)
12.45x
-0.62
-4.78%
BTC:Oil (price)
1,374x
+83.35
+6.46%
Gold:Oil (price)
43.81x
+0.76
+1.77%
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:
+38%
+37%
+13%
2 year:
+317%
+61%
+46%
3 year:
+140%
+47%
+39%
4 year:
+83%
+72%
+53%
5 year:
+983%
+75%
+108%
6 year:
+2,263%
+125%
+113%
7 year:
+855%
+121%
+111%
8 year:
+7,583%
+141%
+147%
9 year:
+22,080%
+131%
+194%
10 year:
+32,464%
+151%
+181%
11 year:
+14,456%
+118%
+211%
12 year:
+201,176%
+85%
+276%
13 year:
+1.9 million%
+71%
+327%
14 year:
+10 million%
+106%
+347%
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
29
0.49%
$91,633
83
1.41%
$90,000
87
1.47%
$80,000
92
1.56%
$50,000
501
8.48%
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 Mar 2019 | | Price when published: $4,002 (ROI since: +2,190%)
Modeling Bitcoin Value with Scarcity
PlanB quantifies bitcoin's stock-to-flow ("s2f") ratio, and compares it to precious metals. He finds a strong relationship between s2f and price, and uses this model to predict bitcoin's future trading ranges.
EXCERPT
Bitcoin is the first scarce digital object the world has ever seen, it is scarce like silver & gold, and can be sent over the internet, radio, satellite etc.
Surely this digital scarcity has value. But how much? In this article I quantify scarcity using stock-to-flow, and use stock-to-flow to model bitcoin’s value.
A statistically significant relationship between stock-to-flow and market value exists. The likelihood that the relationship between stock-to-flow and market value is caused by chance is close to zero.
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