Bitcoin Marketcap

$742B

Gold Marketcap

$11.01T

BTC Settlement Volume (24hr)

$8.73B

BTC Inflation Rate (next 1yr)

1.79%

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KEY MARKETS

24hr change

Bitcoin

$39,520  📈

+$1,318

+3.45%


S&P 500

4,399  📉

-12.02

-0.27%


Gold

$1,811  📈

+$0.98

+0.05%


Silver

$25.41  📉

-$0.11

-0.42%


Euro

$1.1836  📉

-$0

-0.21%


Yen

¥109.57  📈

+¥0.50

+0.46%


Renminbi (CNY)

¥6.4662   

-¥0

-0.06%


Oil (WTI)

$69.04  📉

-$1.7

-2.4%


BITCOIN STATS

Bitcoin Marketcap

$742B


BTC Inflation Rate (next 1yr)

1.79%


% Supply Issued

89.40%


BTC Settlement Volume (24hr)

$8.73B


Real Exchange Volume (24hr)

$5.89B


Active Addresses

820,918


Mining Reward Value (24hr)

$36.1M


GBTC Premium

-6.63%


MSTR Premium

48.48%


BTC Down From ATH

38.99%


BTC Up From Cycle Low

34.82%


RATES & YIELDS

24hr change

UST 3mo

0.05%  📉

-0.01

-16.67%


UST 2yr

0.17%  📉

-0.02

-10.53%


UST 10yr

1.20%  📉

-0.04

-3.23%


UST 30yr

1.86%  📉

-0.03

-1.59%


Fed Funds (EFFR)

0.10%  📈

+0.03

+42.86%


US 10yr Breakeven Inflation

2.38%  📈

+0.01

+0.42%


Real Rate (10yr)

-1.13%  📈

-0.01

-0.89%


RATIOS

24hr change

Gold:BTC (marketcap)

14.84x   

-0.49

-3.23%


M2:BTC (marketcap)

27.51x   

-0.93

-3.27%


BTC:Oil (price)

572.17x   

+31.60

+5.84%


Gold:Oil (price)

26.23x   

+0.67

+2.60%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$8.22T  📈

+$143B

+1.77%


M1 Money Supply

$19.27T  📈

+$46.40B

+0.24%


M2 Money Supply

$20.39T  📈

+$18.80B

+0.09%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+251%

-11%

+33%

2 year:

+247%

+22%

+53%

3 year:

+466%

+48%

+55%

4 year:

+1,189%

+43%

+78%

5 year:

+6,756%

+35%

+102%

6 year:

+14,013%

+66%

+110%

7 year:

+6,631%

+38%

+129%

8 year:

+40,081%

+41%

+158%

9 year:

+361,997%

+12%

+214%

10 year:

+528,714%

+10%

+267%

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

109

2.37%

$39,532

110

2.39%

$30,000

213

4.64%

$20,000

231

5.03%

$10,000

536

11.66%

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

31 Oct 2018 | Anthony Pompliano, Murad Mahmudov | Price when published: $6,319 (ROI since: +526%)

Murad Mahmudov: The Ultimate Bitcoin Argument

Filed under: topic icon investment  medium icon podcasts

Murad lays out one of the biggest bull-cases for bitcoin, from a broad, global, store of value perspective. Murad argues that bitcoin's core properties (limited supply, unconfiscatable, not dependent on any political authority for property rights), make it the best potential store of value. He further outlines how bitcoin is poised to pull trillions of dollars in store-of-value use from asset classes that have become accidental stores-of-value (real estate, art) due to fiat printing.

EXCERPT

So here’s the thing. The total amount of wealth that is stored in currencies is artificially small. People … essentially, the system doesn’t want us, and doesn’t want people, to have a good robust unseizable store of value, because if that were to exist, then governments and central banks would lose a tremendous amount of seniorage privileges, because every time they print, they essentially enrich themselves at the expense of everyone else a little bit.
...
If we had something like gold, or better yet, Bitcoin, then you could save your wealth and it would actually gain a little bit of purchasing power every year, without having to have this anxiety-riddled wave of activities that you need to do. It’s actually quite crazy how in today, I’m not even talking about the second or third world where this isn’t even an option, even in the first developed, civilized Western world, you have to create a diversified portfolio of equities, bonds, small caps, moonies, commodities, FX, derivatives sometimes, et cetera, just to preserve your wealth.


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