Bitcoin Marketcap
$528B
Gold Marketcap
$11.83T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.62%
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SEARCHKEY MARKETS
24hr change
BITCOIN STATS
Bitcoin Marketcap
$528B
BTC Inflation Rate (next 1yr)
1.62%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$4.87B
Active Addresses
1.02M
Mining Reward Value (24hr)
$25.5M
GBTC Premium
-12.38%
MSTR Premium
11.47%
BTC Down From ATH
59.43%
BTC Up From Cycle Low
103.59%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
22.42x
-0.63
-2.75%
M2:BTC (marketcap)
39.17x
-1.09
-2.7%
BTC:Oil (price)
385.46x
+12.79
+3.43%
Gold:Oil (price)
26.87x
+0.16
+0.60%
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:
-9%
+5%
+2%
2 year:
-21%
+2%
+0.12%
3 year:
+192%
+11%
+39%
4 year:
+231%
+51%
+51%
5 year:
+275%
+49%
+55%
6 year:
+1,140%
+53%
+75%
7 year:
+5,166%
+60%
+101%
8 year:
+12,235%
+64%
+100%
9 year:
+4,336%
+56%
+119%
10 year:
+21,796%
+40%
+157%
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
6.22%
$30,000
502
9.55%
$27,910
560
10.65%
$20,000
760
14.45%
$10,000
1176
22.37%
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
19 May 2017 | | Price when published: $1,933 (ROI since: +1,343%)
Economics of Bitcoin as a settlement network
Filed under: 
fundamentals 
blogs
EXCERPT
Bitcoin is money free of counter-party risk, and its network can offer final settlement of large volume payments within minutes. Bitcoin can thus best be compared to settlement payments between central banks and large financial institutions, and it compares favorably to them, being infinitely cheaper and more verifiable. The only other form of money in history which is free of counter-party risk is gold, and moving that around is incomparably more expensive.
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