Bitcoin Marketcap
$1.22T
Gold Marketcap
$14.52T
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)
$33.59B
Active Addresses
1.02M
Mining Reward Value (24hr)
$59.0M
GBTC Premium
293.41%
MSTR Premium
64.09%
BTC Down From ATH
12.53%
BTC Up From Cycle Low
8.17%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
11.90x
-0.59
-4.74%
M2:BTC (marketcap)
17.03x
-0.97
-5.4%
BTC:Oil (price)
773.41x
+32.16
+4.34%
Gold:Oil (price)
28.62x
-0.25
-0.87%
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:
+127%
+20%
+21%
2 year:
+58%
+25%
+13%
3 year:
+17%
+34%
+20%
4 year:
+827%
+40%
+77%
5 year:
+1,118%
+87%
+72%
6 year:
+632%
+78%
+87%
7 year:
+5,128%
+85%
+111%
8 year:
+14,313%
+93%
+139%
9 year:
+27,478%
+101%
+137%
10 year:
+13,049%
+86%
+167%
11 year:
+47,896%
+68%
+221%
12 year:
+1.3 million%
+46%
+264%
13 year:
+3.8 million%
+59%
+275%
14 year:
+2.2 billion%
+108%
+312%
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%
$64,554
43
0.77%
$60,000
91
1.63%
$50,000
210
3.76%
$40,000
461
8.26%
$30,000
706
12.64%
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
12 Nov 2017 | | Price when published: $6,084 (ROI since: +961%)
Bitcoin's academic pedigree
EXCERPT
The bitcoin white paper, despite the pedigree of many of its ideas, was more novel than most academic research. Moreover, Nakamoto did not care for academic peer review and did not fully connect it to its history. As a result, academics essentially ignored bitcoin for several years. Many academic communities informally argued that Bitcoin could not work, based on theoretical models or experiences with past systems, despite the fact it was working in practice.
We have seen repeatedly that ideas in the research literature can be gradually forgotten or lie unappreciated, especially if they are ahead of their time, even in popular areas of research. Both practitioners and academics would do well to revisit old ideas to glean insights for present systems. Bitcoin was unusual and successful not because it was on the cutting edge of research on any of its components, but because it combined old ideas from many previously unrelated fields.
...
Figure 1. Chronology of key ideas found in bitcoin.
Read in Full
What do you think of this piece?