Bitcoin Marketcap

$1.86T

Gold Marketcap

$16.51T

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

$98,655  πŸ“‰

-$735.67

-0.74%


S&P 500

5,967  πŸ“ˆ

+22.43

+0.38%


Gold

$2,716  πŸ“ˆ

+$17.56

+0.65%


Silver

$31.34  πŸ“ˆ

+$0.24

+0.79%


Euro

$1.0418  πŸ“‰

-$0

-0.44%


Yen

Β₯154.78  πŸ“‰

-Β₯0.01

-0.01%


Renminbi (CNY)

Β₯7.2430   

-Β₯0.01

-0.08%


Oil (WTI)

$71.18  πŸ“ˆ

+$0.67

+0.95%


BITCOIN STATS

Bitcoin Marketcap

$1.86T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$38.10B


Active Addresses

1.02M


Mining Reward Value (24hr)

$90.2M


GBTC Premium

200.86%


MSTR Premium

-80.49%


BTC Down From ATH

1.13%


BTC Up From Cycle Low

0.23%


RATES & YIELDS

24hr change

UST 3mo

4.63%  πŸ“ˆ

+0.01

+0.22%


UST 2yr

4.31%  πŸ“ˆ

+0.04

+0.94%


UST 10yr

4.41%  πŸ“ˆ

+0.02

+0.46%


UST 30yr

4.59%  πŸ“ˆ

+0.02

+0.44%


Fed Funds (EFFR)

4.58%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.34%  πŸ“ˆ

+0

0%


Real Rate (10yr)

2.07%  πŸ“ˆ

+0.03

+1.47%


RATIOS

24hr change

Gold:BTC (marketcap)

8.85x   

+0.12

+1.42%


M2:BTC (marketcap)

11.38x   

+0.08

+0.74%


BTC:Oil (price)

1,386x   

-24.15

-1.71%


Gold:Oil (price)

38.15x   

-0.17

-0.45%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$6.92T  πŸ“‰

 

-1.5%


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:

+161%

+36%

+31%

2 year:

+495%

+55%

+48%

3 year:

+70%

+52%

+27%

4 year:

+421%

+49%

+65%

5 year:

+1,278%

+86%

+91%

6 year:

+2,470%

+122%

+127%

7 year:

+997%

+111%

+129%

8 year:

+13,360%

+131%

+170%

9 year:

+27,704%

+153%

+186%

10 year:

+26,422%

+127%

+188%

11 year:

+11,287%

+118%

+231%

12 year:

+801,500%

+55%

+325%

13 year:

+3.9 million%

+60%

+414%

14 year:

+36 million%

+99%

+402%

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

$98,632

1

0.02%

$90,000

8

0.14%

$80,000

13

0.22%

$50,000

422

7.27%

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

8 Nov 2019 | Tuur Demeester | Price when published: $8,991 (ROI since: +997%)

The Bitcoin Reformation

Filed under: topic icon history  medium icon reports

This piece analyzes the implications of bitcoin through a historical lens; specifically the Protestant Reformation in Europe of the 16th/17th centuries. Mr. Demeester compares the current state of the global monetary system, as an aging institution, to that of the Catholic church during the Reformation. Similarly to how technological developments challenged the church's reach in centuries past, Bitcoin and related tech are challenging today's institutions.

EXCERPT

This report makes the case that the 21st century emergence of bitcoin,
encryption, the internet, and millennials are more than just trends; they herald
a wave of change that exhibits similar dynamics as the 16-17th century
revolution that took place in Europe.

Some of the conclusions our report suggests:

- Bitcoin tolerance versus intolerance to become a major political faultline
- Bitcoin’s primary drivers will be in saving, lending and underwriting
- Collaborative custody to become an industry standard
- Offshore banking may transform into bitcoin banking
- Bitcoin to mature quickly: bonds, annuities, loans, insurance
- Initial exchange offerings (IEOs) expected to stay and grow larger
- Bitcoin savers could accelerate a revolution in the history of thought


Read in Full

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