Bitcoin Marketcap
$498B
Gold Marketcap
$11.65T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.33%
CASEBITCOIN
making the case for bitcoin every day
SEARCHKEY MARKETS
24hr change
BITCOIN STATS
Bitcoin Marketcap
$498B
BTC Inflation Rate (next 1yr)
1.33%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$6.79B
Active Addresses
1.02M
Mining Reward Value (24hr)
$24.1M
GBTC Premium
19.73%
MSTR Premium
51.22%
BTC Down From ATH
61.62%
BTC Up From Cycle Low
68.59%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
23.39x
+0.20
+0.87%
M2:BTC (marketcap)
41.98x
+0.57
+1.38%
BTC:Oil (price)
293.33x
-2.72
-0.92%
Gold:Oil (price)
21.34x
-0.01
-0.06%
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%
+17%
+17%
2 year:
-39%
+10%
-3%
3 year:
+145%
+2%
+29%
4 year:
+220%
+27%
+45%
5 year:
+301%
+61%
+48%
6 year:
+573%
+48%
+73%
7 year:
+4,262%
+43%
+101%
8 year:
+11,191%
+67%
+127%
9 year:
+6,673%
+58%
+119%
10 year:
+20,819%
+44%
+156%
11 year:
+212,913%
+8%
+200%
12 year:
+549,550%
+17%
+274%
13 year:
+42 million%
+46%
+277%
14 year:
+3.4 billion%
+93%
+307%
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
$40,000
327
6.08%
$30,000
526
9.78%
$26,337
641
11.92%
$20,000
813
15.12%
$10,000
1229
22.85%
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
27 May 2011 | | Price when published: $8.60 (ROI since: +306,149%)
Bitcoin is Worse is Better
EXCERPT
The genius of Bitcoin, in inventing a digital currency successful in the real world, is not in creating any new abstruse mathematics or cryptographic breakthrough, but in putting together decades-old pieces in a semi-novel but extremely unpopular way. Everything Bitcoin needed was available for many years, including the key ideas.
However, the sacrifice Bitcoin makes to achieve decentralization is—however practical—a profoundly ugly one. Early reactions to Bitcoin by even friendly cryptographers & digital currency enthusiasts were almost uniformly extremely negative, and emphasized the (perceived) inefficiency & (relative to most cryptography) weak security guarantees. Critics let ‘perfect be the enemy of better’ and did not perceive Bitcoin’s potential. However, in an example of ‘Worse is Better’, the ugly inefficient prototype of Bitcoin successfully created a secure decentralized digital currency, which can wait indefinitely for success, and this was enough to eventually lead to adoption, improvement, and growth into a secure global digital currency.
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