Bitcoin Marketcap
$1.22T
Gold Marketcap
$14.04T
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
$1.22T
BTC Inflation Rate (next 1yr)
1.17%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$25.91B
Active Addresses
1.02M
Mining Reward Value (24hr)
$58.8M
GBTC Premium
263.07%
MSTR Premium
70.25%
BTC Down From ATH
12.82%
BTC Up From Cycle Low
7.80%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
11.53x
+0.31
+2.78%
M2:BTC (marketcap)
17.12x
+0.62
+3.77%
BTC:Oil (price)
777.99x
-20.52
-2.57%
Gold:Oil (price)
27.86x
-0.01
-0.05%
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:
+126%
+16%
+24%
2 year:
+66%
+23%
+20%
3 year:
+25%
+30%
+21%
4 year:
+729%
+33%
+78%
5 year:
+1,143%
+81%
+71%
6 year:
+607%
+76%
+88%
7 year:
+4,732%
+83%
+111%
8 year:
+14,027%
+86%
+141%
9 year:
+28,441%
+92%
+139%
10 year:
+14,602%
+78%
+169%
11 year:
+46,072%
+60%
+218%
12 year:
+1.3 million%
+39%
+260%
13 year:
+2.0 million%
+50%
+269%
14 year:
+2.1 billion%
+99%
+321%
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%
$64,409
48
0.86%
$60,000
97
1.74%
$50,000
216
3.86%
$40,000
467
8.35%
$30,000
712
12.74%
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
16 Aug 2019 | | Price when published: $10,323 (ROI since: +524%)
Bitcoin Does Not Waste Energy
Filed under: 
fundamentals 
blogs
EXCERPT
Bitcoin represents a backup switch to the current architecture of the global financial system and is soon to be its primary engine. Setting aside the systemic risks that currently plague our financial system, bitcoin is a fundamentally more sound monetary system from the ground up. And, it is one secured by the production and consumption of energy. You do not have to believe that the dollar’s fate will be that of the Venezuelan bolivar to recognize the importance and interplay between the stability of a monetary function and the production of energy resources that provide basic economic necessities. And the risk inherent in even the possibility of hyperinflation is so negatively asymmetric that the price of bitcoin energy consumption is of small relative cost.
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