Bitcoin Marketcap

$889B

Gold Marketcap

$10.66T

BTC Settlement Volume (24hr)

$16.43B

BTC Inflation Rate (next 1yr)

1.79%

logo CASEBITCOIN making the case for bitcoin every day

KEY MARKETS

24hr change

Bitcoin

$47,270  πŸ“‰

-$405.01

-0.85%


S&P 500

4,410  πŸ“‰

-64.6

-1.44%


Gold

$1,753  πŸ“‰

-$0.65

-0.04%


Silver

$22.40  πŸ“‰

-$0.49

-2.15%


Euro

$1.1726  πŸ“‰

-$0

-0.36%


Yen

Β₯109.93  πŸ“ˆ

+Β₯0.20

+0.19%


Renminbi (CNY)

Β₯6.4662   

+Β₯0.01

+0.13%


Oil (WTI)

$71.87  πŸ“‰

-$0.71

-0.98%


BITCOIN STATS

Bitcoin Marketcap

$889B


BTC Inflation Rate (next 1yr)

1.79%


% Supply Issued

89.61%


BTC Settlement Volume (24hr)

$16.43B


Real Exchange Volume (24hr)

$4.07B


Active Addresses

1.02M


Mining Reward Value (24hr)

$43.3M


GBTC Premium

-17.49%


MSTR Premium

17.27%


BTC Down From ATH

26.81%


BTC Up From Cycle Low

61.72%


RATES & YIELDS

24hr change

UST 3mo

0.04%  πŸ“ˆ

+0

0%


UST 2yr

0.23%  πŸ“ˆ

+0.02

+9.52%


UST 10yr

1.34%  πŸ“ˆ

+0.03

+2.29%


UST 30yr

1.88%  πŸ“ˆ

+0.01

+0.53%


Fed Funds (EFFR)

0.08%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.35%  πŸ“ˆ

+0

0%


Real Rate (10yr)

-1.04%  πŸ“‰

+0.03

+-2.80%


RATIOS

24hr change

Gold:BTC (marketcap)

11.98x   

+0.10

+0.82%


M2:BTC (marketcap)

23.06x   

+0.16

+0.72%


BTC:Oil (price)

657.66x   

+0.93

+0.14%


Gold:Oil (price)

24.39x   

+0.23

+0.95%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$8.45T  πŸ“ˆ

+$106B

+1.27%


M1 Money Supply

$19.40T  πŸ“ˆ

+$134B

+0.69%


M2 Money Supply

$20.53T  πŸ“ˆ

+$146B

+0.71%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+330%

-10%

+32%

2 year:

+363%

+17%

+47%

3 year:

+650%

+45%

+52%

4 year:

+1,079%

+34%

+76%

5 year:

+7,679%

+33%

+106%

6 year:

+20,410%

+54%

+125%

7 year:

+11,600%

+44%

+120%

8 year:

+37,449%

+28%

+157%

9 year:

+377,890%

-1%

+202%

10 year:

+803,441%

-3%

+266%

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

$50,000

76

1.64%

$47,304

106

2.28%

$40,000

152

3.28%

$30,000

257

5.54%

$20,000

275

5.93%

$10,000

580

12.50%

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

29 Jun 2015 | Trace Mayer | Price when published: $252.74 (ROI since: +18,603%)

The Seven Network Effects of Bitcoin

Filed under: topic icon fundamentals  medium icon articles

Trace outlines 7 types of network effects that occur in the Bitcoin ecosystem:

- Speculation
- Merchant Adoption
- Consumer Adoption
- Security
- Developer Mindshare
- Financialization
- Adoption as a World Reserve Currency

EXCERPT

Bitcoin is a strong currency: it thrives on the internet; it frees its users from 3rd parties; it saves merchants money; it is deflationary; its code can be audited by all; its developers work tirelessly to improve upon it; the list goes on. The above-listed network effects can only serve to strengthen it. Competitors beware.


Read in Full

What do you think of this piece?


MORE FROM Trace Mayer

MORE FROM FUNDAMENTALS

MORE OLDER CONTENT