Bitcoin Marketcap

$1.26T

Gold Marketcap

$14.12T

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

$66,385  πŸ“‰

-$41.66

-0.06%


S&P 500

5,064  πŸ“ˆ

+59.39

+1.19%


Gold

$2,322  πŸ“‰

-$4.65

-0.2%


Silver

$27.31  πŸ“ˆ

+$0.13

+0.49%


Euro

$1.0701  πŸ“ˆ

+$0.00

+0.45%


Yen

Β₯154.81  πŸ“‰

-Β₯0.02

-0.01%


Renminbi (CNY)

Β₯7.2456   

+Β₯0.00

+0.03%


Oil (WTI)

$83.42  πŸ“ˆ

+$1.29

+1.57%


BITCOIN STATS

Bitcoin Marketcap

$1.26T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$19.25B


Active Addresses

1.02M


Mining Reward Value (24hr)

$60.7M


GBTC Premium

263.07%


MSTR Premium

72.45%


BTC Down From ATH

10.10%


BTC Up From Cycle Low

11.16%


RATES & YIELDS

24hr change

UST 3mo

5.42%  πŸ“‰

-0.03

-0.55%


UST 2yr

4.97%  πŸ“‰

-0.01

-0.2%


UST 10yr

4.62%  πŸ“‰

-0.02

-0.43%


UST 30yr

4.72%  πŸ“‰

-0.02

-0.42%


Fed Funds (EFFR)

5.33%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.41%  πŸ“ˆ

+0

0%


Real Rate (10yr)

2.21%  πŸ“‰

-0.02

-0.9%


RATIOS

24hr change

Gold:BTC (marketcap)

11.25x   

-0

-0.03%


M2:BTC (marketcap)

16.56x   

+0.03

+0.17%


BTC:Oil (price)

795.79x   

-13.87

-1.71%


Gold:Oil (price)

27.84x   

-0.49

-1.74%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$7.41T  πŸ“‰

 

-1.45%


M1 Money Supply

$17.94T  πŸ“‰

 

-0.25%


M2 Money Supply

$20.78T  πŸ“ˆ

+$1.80B

+0.01%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+141%

+17%

+22%

2 year:

+68%

+22%

+19%

3 year:

+31%

+31%

+22%

4 year:

+781%

+33%

+79%

5 year:

+1,190%

+81%

+73%

6 year:

+633%

+76%

+92%

7 year:

+5,153%

+84%

+112%

8 year:

+14,145%

+87%

+142%

9 year:

+29,670%

+95%

+140%

10 year:

+14,673%

+79%

+171%

11 year:

+47,223%

+59%

+220%

12 year:

+1.3 million%

+40%

+263%

13 year:

+3.1 million%

+52%

+273%

14 year:

+2.2 billion%

+98%

+326%

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

$70,000

10

0.18%

$66,384

34

0.61%

$60,000

95

1.70%

$50,000

214

3.83%

$40,000

465

8.32%

$30,000

710

12.70%

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

3 Jan 2020 | Jameson Lopp | Price when published: $7,149 (ROI since: +829%)

What are the Key Properties of Bitcoin?

Filed under: topic icon fundamentals  medium icon articles

Topics include:
- Consensus
- Trust Minimization
- Censorship Resistance
- Pseudonymity
- Open Source & Open Collaboration
- Permissionless
- Legal Indifference
- Fungibility
- Forward Compatibility
- Resource Minimization
- Verification > Computation
- Transaction Immutability
- Conservatism
- Incentive Alignment
- Ossification

EXCERPT

There is no authority in Bitcoin - even the principles outlined in this article are by no means authoritative, they are simply observations made by myself and other ecosystem participants.

- Bitcoin is a system that automates the continual discovery of consensus amongst its participants. - It is machine consensus that enforces human consensus.
- Consensus failures can destroy the whole system by causing loss of confidence in its reliability.
- Consensus code should be ringfenced and rarely touched.
- Protocol changes should not be forced upon users without their consent. That is, users should opt into changes rather than having to opt out.
- As such, software clients should not update automatically, as that would take power away from users and put it in the hands of developers.
- Due to the distributed nature of the network, it should not be assumed that every user is paying attention to protocol changes.


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